Alex Mooney: “I am a proud cosponsor of H.R. 160, the Protect Medical Innovation Act of 2015, also known as the medical device tax…”

“I am a proud cosponsor of H.R. 160, the Protect Medical Innovation Act of 2015, also known as the medical device tax repeal. This bill would repeal the tax on medical device manufacturers that was put into place under ObamaCare. The medical device tax rate is 2.3 percent, and this is in addition to the State sales tax on common medical devices such as pacemakers, hearing aids, and insulin pumps. This tax hurts the very same Americans we should be helping. For example, 13 percent of West Virginians--the State I am blessed to represent--have diabetes. This 2.3 percent tax makes it more difficult for struggling taxpayers in West Virginia and around the country to access critical healthcare devices like insulin pumps. If gone unchecked, this tax will continue to weaken the industry's ability to grow and help people in need. It will also continue to hinder the development of lifesaving treatments and devices. I hope my colleagues will join me tomorrow in voting for the repeal of the ill-advised medical device tax.”