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View Full Version : Economics Taxes cost over 1100 jobs thanks to ObamaCare


HonestChieffan
11-14-2012, 02:29 PM
But taxes wont really impact jobs or business....


Stryker Corporation has announced that it will close its facility in Orchard Park, New York, eliminating 96 jobs next month. It will also counter the medical device tax in Obamacare by eliminating 5% of their global workforce, an estimated 1,170 positions.

Jon Stryker is heir to the Stryker Corporation, one of the largest medical device and equipment manufacturers in the world. Strykerís grandfather was the surgeon who invented the mobile hospital bed. The company now sells $8.3 billion worth of hospital beds, artificial joints, medical cameras, and medical software every year.

Stryker, a member of the Forbes 400 list, was one of the top five donors to the Obama campaign. Having donated $2 million to the Priorities USA Action super PAC, Stryker also gave $66,000 in contributions to Obama and the Democrat Party.

Prior to the 2012 election, Stryker contributed millions to help Democrat candidates in his home state of Michigan. He also gave nearly $250 million to groups supporting gay rights, transgenderism, and the conservation of apes. In January, his Arcus Foundation donated $23 million to Kalamazoo College for an endowment to fund a center for social justice leadership.

http://nation.foxnews.com/obamacare/2012/11/14/obama-donors-corporation-lays-employees-due-obamacare

Brainiac
11-14-2012, 02:32 PM
But taxes wont really impact jobs or business....


Stryker Corporation has announced that it will close its facility in Orchard Park, New York, eliminating 96 jobs next month. It will also counter the medical device tax in Obamacare by eliminating 5% of their global workforce, an estimated 1,170 positions.

Jon Stryker is heir to the Stryker Corporation, one of the largest medical device and equipment manufacturers in the world. Strykerís grandfather was the surgeon who invented the mobile hospital bed. The company now sells $8.3 billion worth of hospital beds, artificial joints, medical cameras, and medical software every year.

Stryker, a member of the Forbes 400 list, was one of the top five donors to the Obama campaign. Having donated $2 million to the Priorities USA Action super PAC, Stryker also gave $66,000 in contributions to Obama and the Democrat Party.

Prior to the 2012 election, Stryker contributed millions to help Democrat candidates in his home state of Michigan. He also gave nearly $250 million to groups supporting gay rights, transgenderism, and the conservation of apes. In January, his Arcus Foundation donated $23 million to Kalamazoo College for an endowment to fund a center for social justice leadership.

http://nation.foxnews.com/obamacare/2012/11/14/obama-donors-corporation-lays-employees-due-obamacare
Clearly this is just one of those evil Republicans throwing a temper tantrum.

Oh wait ....

HonestChieffan
11-14-2012, 02:36 PM
And if you think its all coming from $200,000 income and up you are a complete moron. Grad those ankles...assuming you have a job.


President Obama will push Republicans to accept a deficit reduction plan that includes $1.6 trillion in extra tax revenue over the next ten years, double the number he had previously been pushing, according to multiple outlets.

In 2011, Obama tried to get Republicans to accept a deal that included $800 billion in additional revenue. The president plans to push the $1.6 trillion in added revenue Friday during an early meeting with legislators on a deficit reduction plan.

Since winning reelection Obama has made avoiding automatic tax revenue increases and spending cuts, which take place in early 2013 if a deficit reduction compromise isnít made, a top priority.

On Tuesday the president met privately with a number of union leaders and liberal activists to discuss a plan. In the meeting Obama reportedly promised to make good on his previous vow to allow the Bush-era tax rates for some of the wealthiest Americans to expire.


http://thehill.com/blogs/blog-briefing-room/news/267789-obama-to-push-deficit-plan-that-includes-16-trillion-in-additional-revenue?utm_campaign=briefingroom&utm_source=twitterfeed&utm_medium=twitterfeed

patteeu
11-14-2012, 02:36 PM
The wealthy control our political process.

La literatura
11-14-2012, 02:40 PM
This was announced a year ago.

The Medical Device Excise Tax:

http://www.irs.gov/uac/Medical-Device-Excise-Tax:-Frequently-Asked-Questions

BucEyedPea
11-14-2012, 03:49 PM
Which was passed as part of Obamacare. This gets levied on the "total revenues of a company, regardless of whether a company generates a profit, starting in 2013." That's right around the corner.

"Many companies will owe more in taxes than they generate from their operations. The result will be devastating to innovation, patient care and job creation."

The industry was hoping for it's repeal on a bipartisan basis.

http://www.medicaldevices.org/issues/Health-Care-Reform,-Device-Tax/

beer bacon
11-14-2012, 03:51 PM
We should just get rid of all taxes everywhere and no one would ever get fired. Problem solved.

vailpass
11-14-2012, 03:54 PM
We should just get rid of all taxes everywhere and no one would ever get fired. Problem solved.

That's a logical response. Thanks for not participating in the outlandish hyperbole some here choose to exhibit.

alpha_omega
11-14-2012, 03:55 PM
Forward!

beer bacon
11-14-2012, 03:56 PM
That's a logical response. Thanks for not participating in the outlandish hyperbole some here choose to exhibit.

No problem. I just heard that due to Obama being reelected, Papa John's is going to charge 25 cents more per pizza. America is FINISHED.

HonestChieffan
11-14-2012, 03:57 PM
No problem. I just heard that due to Obama being reelected, Papa John's is going to charge 25 cents more per pizza. America is FINISHED.

Food stamps cover it. No problem

vailpass
11-14-2012, 03:58 PM
No problem. I just heard that due to Obama being reelected, Papa John's is going to charge 25 cents more per pizza. America is FINISHED.

He does seem to be a rather unpopular president among the producing segment of society, taken on the whole.

beer bacon
11-14-2012, 04:28 PM
He does seem to be a rather unpopular president among the producing segment of society, taken on the whole.

Yes, we're lucky we don't live in a plutocracy. We'd all be in a bit of trouble if only the 1% got to vote.

J Diddy
11-14-2012, 04:29 PM
Food stamps cover it. No problem

:rolleyes:

Um, no it doesn't.

beer bacon
11-14-2012, 04:31 PM
:rolleyes:

Um, no it doesn't.

He's just mad that he has to pay $.25 more for a shitty pizza just so people don't starve.

J Diddy
11-14-2012, 04:33 PM
He's just mad that he has to pay $.25 more for a shitty pizza just so people don't starve.

The irony is that he most likely won't. The most likely course of action is a $.25 on the menu price. Nobody pays the menu price on pizza.

Calcountry
11-14-2012, 04:36 PM
Yes, we're lucky we don't live in a plutocracy. We'd all be in a bit of trouble if only the 1% got to vote.For President? I would be happy if we did away with it and let the legislatures of the states pick their electors for the college. Really? A year and a half and 2 billion dollars pissed away, for what?

vailpass
11-14-2012, 04:40 PM
Yes, we're lucky we don't live in a plutocracy. We'd all be in a bit of trouble if only the 1% got to vote.

You believe the only producers in this country are the 1%?

beer bacon
11-14-2012, 04:42 PM
You believe the only producers in this country are the 1%?

Nope, 53%.

vailpass
11-14-2012, 04:44 PM
Nope, 53%.

LMAO

You can't spell 'debt' without 'ebt'. Enjoy your entitlements while you can.

banyon
11-14-2012, 04:55 PM
1100? that's it?

vailpass
11-14-2012, 05:04 PM
1100? that's it?

From a single employer. But you knew that.

Iowanian
11-14-2012, 05:07 PM
I'm soooooooooooooooooo excited to provide the government even more of my income.

banyon
11-14-2012, 05:14 PM
From a single employer. But you knew that.

It also said "5% of their global workforce", but doesn't say what portion of that is in the US.

|Zach|
11-14-2012, 06:24 PM
That's a logical response. Thanks for not participating in the outlandish hyperbole some here choose to exhibit.

For anyone keeping score at home valipass just thumbed his nose at the level of discourse in DC.

Iowanian
11-15-2012, 07:44 AM
Week 1 after election.

New Jobless Claims UP 439,000....more than the projected 375,000.


Didn't take Obama long to kick his plan into action...............or the dept of labor skewed stats pre-election.

vailpass
11-15-2012, 09:44 AM
For anyone keeping score at home valipass just thumbed his nose at the level of discourse in DC.

For anyone keeping score at home Zach is still a homo.

beer bacon
11-15-2012, 12:10 PM
Week 1 after election.

New Jobless Claims UP 439,000....more than the projected 375,000.


Didn't take Obama long to kick his plan into action...............or the dept of labor skewed stats pre-election.

Skewed elections and skewed labor stats sure are screwing over the GOP.

Iowanian
11-15-2012, 12:29 PM
I'm significantly more concerned with the screwed Americans than they skewed gop.

Calcountry
11-15-2012, 01:43 PM
1100? that's it?ROFL What? Are you disappointed?

I thought liberals cared for the poor.

:shrug:

Calcountry
11-15-2012, 01:45 PM
LMAO

You can't spell 'debt' without 'ebt'. Enjoy your entitlements while you can.And when they can't, they will know who to blame.

vailpass
11-15-2012, 02:19 PM
And when they can't, they will know who to blame.

Yep.
You. Me. The government. The "rich".
Everyone but themselves.

fan4ever
11-15-2012, 02:58 PM
No problem. I just heard that due to Obama being reelected, Papa John's is going to charge 25 cents more per pizza. America is FINISHED.

Yeah, because the example you just listed means there won't be any kind of larger, more impactful versions of companies making adjustments to Obama's second term and the policies it will bring.

Whew, thanks...I feel better now.

Radar Chief
11-15-2012, 03:12 PM
ROFL What? Are you disappointed?

I thought liberals cared for the poor.

:shrug:

Government employee. Even if he sucks at his job itís too late now, heís dug in like a tick.