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Reply to "Obamacare Medical Device Company Layoffs Begin!!"
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[quote=Anonymous][quote=Freeman][quote=Anonymous]"Meyer said the actions were taken to proactively prepare the company to address the Affordable Care Act's mandated U.S. Medical Device Tax, which is scheduled to begin in 2013."[/quote] Yes, and he apparently started planning for it back in 2005, when they opened the factory in Mexico and started moving production there. The company owner couldn't possibly be trying to shift blame away from himself for moving US jobs overseas. I also love his example in which the entire tax is paid out of company profits entirely, since no company would ever dream of passing the cost on to the consumers. I'm sure that's how it will play out in reality as well.[/quote] *like*[/quote]
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