The Motley Fool Discussion Boards

Previous Page

Politics & Current Events / Health Care Reform

URL:  http://boards.fool.com/i-should-add-that-the-article-calculates-that-the-30297765.aspx

Subject:  Re: Medical Device Tax Date:  10/3/2012  2:27 PM
Author:  erikinthered100 Number:  3928 of 4312

I should add that the article calculates that the 2.3% tax on sales would result in a 15% tax on the typical medical device company.

Of course, this is in addition to the normal 35% federal corporate income tax and state corporate taxes. With the added tax, the effective tax rate will be in excess of 50% in some states.


dave
Copyright 1996-2014 trademark and the "Fool" logo is a trademark of The Motley Fool, Inc. Contact Us