The likely downturn in the job situation next year will be blamed on Republican supposed intransigence on raising taxes, even though the exact opposite is true.
What will get papered over is the impact of Obamacare.
Now that Obamacare taxes are coming into play, the effect already is being felt, Medical companies brace for ‘devastating’ ObamaCare tax, prepare for layoffs:
… over at Uresil, LLC, in Skokie, Ill., the layoffs have already started. The company laid off six people from its 52-person workforce this year, “primarily related” to the tax, President Lev Melinyshyn said.
“We had never laid off anybody,” he told FoxNews.com. “We bought the company in 2004, never had a layoff. In fact, even during the recession, we added jobs. … It wasn’t until this tax hit us that we had to do it.”
Melinyshyn, whose company makes specialized catheters, said he thinks that at current staffing levels, his 46-person company can handle the tax — however, he’s expecting to cut back sharply on product development, which hurts in the long run.
“A lot of patients, I think, are not going to benefit from new technologies,” he said. “We’ve literally put all of our new product development on hold … so we can afford to pay the stupid tax.”
Democratic Senators and Congressman are begining to talk about repealing or delaying these provisions.
They should not be let off the hook for their votes so easily.