Medical Device Tax Has Got to Go

foxbusiness.com - Just how bad is a tax that treats pacemakers and CT scan machines as if they’re alcohol or cigarettes?Last January 1, medical-device makers had to start paying a new 2.3% excise tax on sales, regardless if they make a profit, to raise $29 billion over the next decade to pay for health reform.The tax can easily shove medical device companies into posting losses. In fact, these companies must pay the 2.