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. Stryker’s 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/...-due-obamacare

Brainiac · 11-14-2012, 02:32 PM

Quote:

Originally Posted by HonestChieffan

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. Stryker’s 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/...-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 isn’t 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-briefi...um=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-Devic...sked-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...m,-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

Quote:

Originally Posted by beer bacon

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

Quote:

Originally Posted by vailpass

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

Quote:

Originally Posted by beer bacon

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

Quote:

Originally Posted by beer bacon

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

Quote:

Originally Posted by vailpass

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

Quote:

Originally Posted by HonestChieffan

Food stamps cover it. No problem

Um, no it doesn't.

beer bacon · 11-14-2012, 04:31 PM

Quote:

Originally Posted by J Diddy

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.

11-14-2012, 02:29 PM
HonestChieffan Hoffa called me an SOB Join Date: Jan 2006 Location: In the Country in MO Casino cash: $1220529	Taxes cost over 1100 jobs thanks to ObamaCare 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. Stryker’s 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/...-due-obamacare
Posts: 21,906

11-14-2012, 02:36 PM	#3
HonestChieffan Hoffa called me an SOB Join Date: Jan 2006 Location: In the Country in MO Casino cash: $1220529	$1.6 trillion in new taxes. Should make everyone happy? 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 isn’t 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-briefi...um=twitterfeed __________________ "The best time to sell peanuts is when the circus is in town."
Posts: 21,906

11-14-2012, 02:36 PM	#4
patteeu The 23rd Pillar Join Date: Sep 2002 Casino cash: $416905	The wealthy control our political process. __________________ Obamacare’s fix for an American health care system that the federal government long ago broke, is to give the federal government far more power over American health care; that its solution to escalating health costs is to mandate greater health benefits (and, hence, higher costs); and that its solution to the pricey overreliance on pre-paid health plans — offered by insurance companies in lieu of real insurance — is to have the government require Americans to buy those pre-paid health plans under penalty of law.
Posts: 67,173

11-14-2012, 02:40 PM	#5
La literatura MVP Join Date: Nov 2011 Casino cash: $50809	This was announced a year ago. The Medical Device Excise Tax: http://www.irs.gov/uac/Medical-Devic...sked-Questions
Posts: 7,171

11-14-2012, 03:49 PM	#6
BucEyedPea Frazod Loves Hammy Join Date: Apr 2006 Location: None of your business Casino cash: $49098	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...m,-Device-Tax/ __________________ "In government, the scum rises to the top."~ Hayek
Posts: 46,600

11-14-2012, 03:51 PM	#7
beer bacon WHAT Join Date: Oct 2003 Location: Kansas City, MO Casino cash: $44257	We should just get rid of all taxes everywhere and no one would ever get fired. Problem solved.
Posts: 9,025

11-14-2012, 03:55 PM	#9
alpha_omega MVP Join Date: Jan 2004 Location: Liberty Casino cash: $141792	Forward!
Posts: 5,375

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