This punitive federal tax was personal. This tax on gross sales makes no sense for risk-taking medical devices startups. In my last startup venture, this tax cost us one full-time employee each year, even though we had no profits. In other words, we couldn't hire an employee each year.
Medical Device Tax Is History After Trump Signs Repeal (Forbes)
The medical device industry hailed President Trump’s signing into law a bipartisan federal spending package that brings in an end to a tax the medical technology industry has been fighting against for the last decade.
The 2.3% tax o...