Ferguson Discusses Medical Device Tax Troubles

Yes, our current health care system is broken. No, a multi-billion dollar annual tax on medical device companies should not be part of any so-called solution. As our country seeks to emerge from the recession, the last thing we should be doing is discouraging entrepreneurs and businesses that are providing all-important technologies and jobs.  Continued innovation, not intervention, is what is needed.

Steve Ferguson, a longtime Indiana business and community leader, describes why the tax is so bad for our state. Ferguson, the 2010 Indiana Chamber board chairman and chairman of Cook Group in Bloomington, talked with Gerry Dick of Inside INdiana Business.