House panel passes Paulsen’s med-tech bill as Democrats shape their arguments

Rep. Erik Paulsen
Rep. Erik Paulsen

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Comments (2)

  1. Submitted by Clayton Haapala on 06/02/2012 - 08:16 am.

    Layoffs because of tax?

    Layoffs because if a tax not even in effect, yet? No, the real reasons the med-device companies are in hard times is because they bet that insurance would cover use of the devices in a prevention setting (before you’ve had a heart attack or arrhythmia) rather than after the occurrence. Coverage for prevention use is not common or growing.

    Blaming the tax is just scapegoat tactics.

    Paulsen remains an empty suit, and his failure to offset the loss of revenue is irresponsible, should his bill passed.

  2. Submitted by Dennis Tester on 06/03/2012 - 11:27 am.

    $29 Billion

    You can’t take $29 billion out of a small industry and not expect it to cost jobs because of lower net earnings. People who don’t understand that don’t understand basic economics.

    Any Minnesota politician who doesn’t vote to kill this tax should have it hung around their neck in November along with their vote against the Keystone pipeline because they just don’t get it.

    “It’s the economy and we’re not stupid.” – Mitt Romney

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