Plastics Business Congress has suspended for two years the 2.3 percent medical device tax. This tax went into effect Jan. 1, 2013, as part of the Affordable Care Act. The tax required medical device manufacturers to pay the Internal Revenue Service a 2.3 percent tax on sales – not profits – which is an estimated average of $194 million per month. It inhibited access to medical … [Read more...] about Medical Device Tax Suspended