Device tax makes Democrats choose between party, constituents

52444Democratic lawmakers are questioning whether they should heed constituent concerns or remain loyal to their party as they decide the fate of the medical device tax outlined in the Affordable Care Act.

Constituents argue the tax kills jobs and stalls innovation while Democratic strategists say the tax is a proverbial thread that, if pulled, could ultimately unravel the entire law.

The 2.3% levy on manufacturers and importers of devices began in 2013 and is expected to net nearly $30 billion over the course of a decade to help fund provisions of the ACA.

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About Peter Coffaro 1436 Articles
A growth-driven and strategic executive, Peter Coffaro commands more than 20 years of progressive management success within the medical device industry. As a District Sales Manager for Stryker Orthopaedics, Peter was responsible for managing and directing a regional sales force to achieve sales and profit goals within the Rocky Mountain region. Previously, he was the Director of Sales & Marketing for Amp Orthopedics. In this role, Peter was responsible for planning, developing, and leading all sales and marketing initiatives. Peter is a former orthopedic distributor in the Pacific Northwest. He has also worked with DePuy Orthopaedics as well as Zimmer, and held positions in sales, sales training, and sales management. Peter has an extensive background in organizational development, business development, sales management, negotiating and P&L management. Peter holds a B.S. degree in Biology from Northern Illinois University.

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