Thursday, August 21, 2014

Medical-Device Excise Tax Revenues 24 Percent Below Target

The medical-device excise tax is supposed to raise $20 billion of Obamacare’s $438 billion of revenue through 2019. The IRS started collecting the tax in January 2013, and expected to get $1.2 billion in the first half of 2013. The actual take? $913 million — a shortfall of almost one quarter.

Read the entire column at NCPA's Health Policy Blog.

No comments: