According a report by Business Insider, the Republican tax plan repeals an itemized deduction that applies to healthcare expenses. If the new bill gets implemented, families with high healthcare expenditure will be impacted as these expenses will no longer be deducted from their taxes. Hence, the masses will no longer be interested in expensive healthcare or MedTech procedures.

Source: 4 Top Growth Picks to Avoid Tax Tangle in MedTech

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