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Welch Allyn job cuts are related to new tax mandated by health care law
The Post Standard, Syracuse, New York ^ | Published: Monday, September 10, 2012, 4:47 PM | By Charley Hannagan

Posted on 09/11/2012 4:36:51 AM PDT by Behind Liberal Lines

Skaneatles Falls, NY -- Welch Allyn told employees at companywide meetings this morning that it plans to cut 275 jobs, or about 10 percent of its worldwide workforce. The uncertainty surrounding the future of the Obama health care package is creating turmoil in the domestic market, [Chief Executive Steve Meyer] said. Hospitals and doctor offices aren't investing in new equipment until they see how the health care issues will play out, Meyer said.

Welch Allyn and other medical device makers face a new federal tax hike come January when a new 2.3 percent tax on sales of medical devices called for under the Affordable Care Act takes effect, he said.

For example, a company that has $100 million in sales would pay $2.3 million in tax, Meyer explained. If that same company earns $10 million in profit that tax now represents a 23 percent dip in the bottom line, he said.

(Excerpt) Read more at syracuse.com ...


TOPICS: Business/Economy; Front Page News; News/Current Events; US: New York
KEYWORDS: 2012; aca; bhohealthcare; democrats; economy; hopeychangey; liberalfascism; nobama2012; nodemocrats2012; nothealthcare; obama; obamacare; obamatax; romneycare; socialistdemocrats; socialisthealthcare; socializedmedicine; taxes
The Obama economy claims another victim...
1 posted on 09/11/2012 4:36:57 AM PDT by Behind Liberal Lines
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To: Behind Liberal Lines

That Obama administration sure creates new jobs ,doesn’t it?

One has to wonder if the object of his administration is to put all of America on Unemployment ,Welfare, or Food Stamps.


2 posted on 09/11/2012 4:42:10 AM PDT by Venturer
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To: Venturer

This is a president who thinks a successful business ‘didn’t build that.’

I’m sure it is.


3 posted on 09/11/2012 4:43:52 AM PDT by Behind Liberal Lines
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To: Venturer

One has to wonder if the object of his administration is to put all of America on Unemployment ,Welfare, or Food Stamps......We don’t have to wonder. He absolutely told Joe The Plumber THAT was his goal, and I caught it.


4 posted on 09/11/2012 4:52:35 AM PDT by Safetgiver ( Islam makes barbarism look genteel.)
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To: Behind Liberal Lines

I know I won`t be making any big-ticket purchases at least until 2017 if 0bama is reelected.


5 posted on 09/11/2012 4:55:15 AM PDT by ScottinVA (If Obama is reelected, America will deserve every mockery that follows.)
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To: Behind Liberal Lines

Well that action should cause some people’s blood pressure to rise


6 posted on 09/11/2012 4:57:06 AM PDT by bert ((K.E. N.P. N.C. +12 ..... Present failure and impending death yield irrational action))
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To: Behind Liberal Lines

7 posted on 09/11/2012 4:57:20 AM PDT by dead (I've got my eye out for Mullah Omar.)
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To: Behind Liberal Lines

To make this move now tells me they think the pResident will be re-elected or...Romney won’t repeal it if he wins.

Either way, this country is in trouble.


8 posted on 09/11/2012 5:00:03 AM PDT by unixfox (Abolish Slavery, Repeal The 16th Amendment!)
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To: Behind Liberal Lines

This is very discouraging news on several levels.


9 posted on 09/11/2012 5:00:10 AM PDT by kidd
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To: Behind Liberal Lines

And the Regime will heartily welcome all 275 into the new “American Dream”.. the permanent entitlement world of welfare, unemployment, EBT cards, free cell phones and breakfast, lunch and dinner at school for the kids. All in exchange for their independence, dignity, and of course, their vote.


10 posted on 09/11/2012 5:13:34 AM PDT by ScottinVA (If Obama is reelected, America will deserve every mockery that follows.)
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To: Behind Liberal Lines

The wonder of centrally controlled economies and their 5-year plans all run by our “best and brightest” elites! They create innovation and wealth for all. Compare that to the terribly inefficient “invisible hand” which misallocates capital and creates misery.


11 posted on 09/11/2012 5:22:26 AM PDT by ProtectOurFreedom
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To: Behind Liberal Lines

12 posted on 09/11/2012 5:34:08 AM PDT by Diogenesis (Vi veri veniversum vivus vici)
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To: ScottinVA
And the Regime will heartily welcome all 275 into the new “American Dream”....

Only if they are from a protected group, of course. But protected groups are the last to go in a layoff.

13 posted on 09/11/2012 5:34:21 AM PDT by thulldud (Is it "alter or abolish" time yet?)
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To: Behind Liberal Lines

Welch Allyn is a business that has been owned by a fine family for several generations. They are good people, and I hate this for them.


14 posted on 09/11/2012 5:36:36 AM PDT by subaru
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To: Behind Liberal Lines

This is very dangerous.

“Welch Allyn produces 90% of the medical diagnostic equipment sold in the United States.”


15 posted on 09/11/2012 5:37:47 AM PDT by yefragetuwrabrumuy (DIY Bumper Sticker: "THREE TIMES,/ DEMOCRATS/ REJECTED GOD")
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To: yefragetuwrabrumuy

275 poor lost souls now facing depression due to this communist piece of s4%^ in the WH


16 posted on 09/11/2012 5:48:12 AM PDT by GlockThe Vote (The Obama Adminstration: 2nd wave of attacks on America after 9/11)
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To: Behind Liberal Lines

Doctor Diagnoses Obama In One Sentence
September 10, 2012

VIDEO

http://www.westernjournalism.com/doctor-diagnoses-obama-in-one-sentence/

Barbara Bellar is NOT your typical politician.

She’s not your typical person. Starting out as a nun, she went on to become a Major in the Army, a Doctor, a Lawyer, and a small business entrepreneur. Her life is encompassed by one phrase, serving others.

This is the kind of person we need to turn Illinois around.
This is the kind of person who will truly represent her constituents.
This is the kind of person of integrity and character that Illinois needs.

And this is why Illinois needs Barbara Bellar for State Senate.

http://electbellar.com/


17 posted on 09/11/2012 6:48:08 AM PDT by KeyLargo
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To: Hieronymus; VampireStateNY; governsleastgovernsbest; gaspar; NativeNewYorker; drjimmy; Atticus; ...

Upstate bump


18 posted on 09/11/2012 6:52:32 AM PDT by Behind Liberal Lines
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To: ScottinVA

As a small business owner, I WILL NOT hire ANYBODY if this Enemy is re-elected. Bank on it!


19 posted on 09/11/2012 6:54:34 AM PDT by my small voice (A biased media and an uneducated populace is the biggest threat to our nation.)
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To: Safetgiver
One has to wonder if the object of his administration is to put all of America on Unemployment ,Welfare, or Food Stamps

Yes it is, and somehow, the 20 & 30-somethings that vote for Obama don't think they are going to have to pay for it.

20 posted on 09/11/2012 6:57:55 AM PDT by radioone ( Main Stream Media. The Government built that.)
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To: Behind Liberal Lines

Am I the only one wondering if Obama will be able to use this to further government control over healthcare? Honestly, it’s the logical outcome to what he did, but I wonder how many people have the brains to know that.


21 posted on 09/11/2012 7:10:44 AM PDT by RWB Patriot ("My ability is a value that must be purchased and I don't recognize anyone's need as a claim on me.")
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To: Venturer

Considering government controls those things, and by logic, controls the people dependent on them...yes. Who needs a concentration camp when you can just threaten to cut off someone’s sole means of getting food or healthcare?


22 posted on 09/11/2012 7:12:35 AM PDT by RWB Patriot ("My ability is a value that must be purchased and I don't recognize anyone's need as a claim on me.")
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To: my small voice

Small business owners should somehow band together and go public with that very announcement:

“Much as we would like to hire more people, we have concluded the reelection of Barack Obama, and all that comes with it, would be detrimental to our businesses. Know this, America... we will do no additional hiring if he is reelected to a second term.”


23 posted on 09/11/2012 7:22:25 AM PDT by ScottinVA (If Obama is reelected, America will deserve every mockery that follows.)
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To: ScottinVA

Small businesses owners can’t afford the harassment that will come from minions of the One if they say that.

Remember what happened to Joe the plumber


24 posted on 09/11/2012 7:36:44 AM PDT by Behind Liberal Lines
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To: Behind Liberal Lines

Oh no!!! Welch Allyn is one of my vendors! Breaks my heart...


25 posted on 09/11/2012 7:41:01 AM PDT by N8VTXNinWV (President Obama is the greatest hoax ever perpetrated on the American people. ~ CE)
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To: subaru

I totally agree. I have the BEST rep and my customer service rep I feel I’ve know forever, even though I’ve never met her. I hate this.


26 posted on 09/11/2012 7:46:34 AM PDT by N8VTXNinWV (President Obama is the greatest hoax ever perpetrated on the American people. ~ CE)
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To: Behind Liberal Lines

I didn’t think that there was any private employment left in New York. I thought everyone worked for the state.


27 posted on 09/12/2012 3:39:49 AM PDT by Jimmy Valentine's brother (Near term Obamacare 'Unit")
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