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Yahoo! Inc. Message Board

  • fishnman1973 fishnman1973 Feb 3, 2013 12:43 AM Flag

    Medical company blames Obamacare for 100 lost jobs

    Where's the coverage from Yahoo "news"?
    A medical company is blaming President Obama’s health care law for the layoffs of nearly 100 people.
    Smith & Nephew says a 2.3 percent excise tax on medical devices in the “Obamacare” law caused the layoffs in the Memphis and Andover, Mass., offices.
    “The nearly $30 billion tax on medical devices that took effect Jan. 1, 2013, has impacted a number of companies across the U.S.,” the company said in a statement to WHBQ-TV.

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