Kill the Medical Device Tax

We've arrived at that crucial time of year during which Congress looks ahead by looking back: They're looking closely at whether certain tax policies are functioning well with minimal side effects — or, on the other hand, whether some of those taxes need to be repealed because they're having unintended and undeniably negative consequences.

One clear example of the latter is the medical device excise tax. Congress has suspended the tax for longer than it was ever actually on the books, and here's the reason why: Simply put, the tax was a disaster.