Welcome to DU! The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards. Join the community: Create a free account Support DU (and get rid of ads!): Become a Star Member Latest Breaking News General Discussion The DU Lounge All Forums Issue Forums Culture Forums Alliance Forums Region Forums Support Forums Help & Search

swag

(26,487 posts)
Sun Sep 29, 2013, 03:04 PM Sep 2013

Tea Party Lawmaker Letter on Med Device Tax Repeal Authored by Lobby Group

http://www.thenation.com/blog/176399/tea-party-lawmaker-letter-med-device-tax-repeal-authored-lobby-group#

Lee Fang on September 28, 2013 - 4:06 PM

...

After the Tea Party catapulted House Republicans into the majority, seventy-five right-wing lawmakers wrote a letter to Speaker Boehner demanding that a vote to repeal the device tax occur “as soon as possible.” The metadata of the letter shows that it was authored by Ryan Strandlund, a member of AdvaMed’s government affairs team:

?w=615

While repeal proponents claim the tax will hurt innovation and devastate American devicemakers, the reality is, medical device companies already pay very little in taxes and Obamacare will make up for the tax with an increase in demand. An analysis by Citizens for Tax Justice finds most major medical device companies pay a very low effective tax rate, with firms like Abbot Laboratories making use of some 32 tax havens. Moreover, despite the claims of industry lobbyists, the tax will not hamper American companies because it applies to imported devices as well.

The industry has pushed in every way possible to secure a repeal. In the last election, the AdvaMed PAC contributed spent over $300,000, mostly in support for Republican candidates. Individual companies, including Boston Scientific, Medtronic and CareFusion, have sponsored fundraisers and contributed significant amounts to the campaigns of lawmakers leading the tax repeal effort.

Beyond traditional lobbying and campaign contributions, the industry has used a variety of tactics to influence opinions in Congress. A website called no2point3.com was set up by the industry to encourage medical device companies to collect petitions to Congress to repeal the tax.

Earlier this month, AdvaMed began purchasing ads in Politico. Until he left for another lobbying job in June, Speaker Boehner’s deputy chief of staff was Brett Loper, who had worked as AdvaMed’s chief lobbyist and had orchestrated the initial fight against the device tax.

- See more at: http://www.thenation.com/blog/176399/tea-party-lawmaker-letter-med-device-tax-repeal-authored-lobby-group#sthash.pkScpbaA.dpuf
Latest Discussions»Issue Forums»Editorials & Other Articles»Tea Party Lawmaker Letter...