California is a place where medical device makers can thrive. The industry says employment in the sector is growing, and companies here benefit from almost half the biomedical venture capital dollars nationwide. This year, some medical device businesses have faced a new tax under the Affordable Care Act. Health Care Reporter Pauline Bartolone in Sacramento says the industry has a mixed reaction.
No one likes to be taxed. For many small businesses, the added costs can be especially unwelcome.