Letter: Ayotte’s misguided opposition
Sen. Kelly Ayotte’s opposition to the medical device tax with the claim that it is a “crusher” to small business seems unfounded.
The Congressional Research Service report published in December noted that the tax will fall on the biggest manufacturers, not small businesses. The top 1 percent of firms by asset size paid 80 percent of industry revenue.
Opposition smacks of the all-too-familiar large corporations looking for more of the pie they already have the largest share of.