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 ...
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.
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?
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.”
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
Oh no!!! Welch Allyn is one of my vendors! Breaks my heart...
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.
I didn’t think that there was any private employment left in New York. I thought everyone worked for the state.
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