Hey Rednecks, ObamaCare Will Only Hurt CEO's Paycheck

[CJ7]

Originally Posted by silvester91999

Okay, time for y'all to read between the lines on this one..
Only a democrat thinks taxing something makes it cheaper.


http://m.weeklystandard.com/blogs/ob...le_753721.html

from your article ..


Late last week a Stryker spokesperson told me that Obamacare will cost the company fully 20 percent of its total research and development investments.

[Pharmaguy729]

CJ7.... true across the board for most pharmaceutical companies as well.... it takes away the creation of new drugs by the forcing of generics (mainly manufactured in China and India btw.. so you know those will all be safe).... too expensive to launch new products and fund R and D.....

[CJ7]

Originally Posted by Pharmaguy729

CJ7.... true across the board for most pharmaceutical companies as well.... it takes away the creation of new drugs by the forcing of generics (mainly manufactured in China and India btw.. so you know those will all be safe).... too expensive to launch new products and fund R and D.....

from the same article


And although it's no secret that drug makers like Pfizer stand to profit billions because of the increased numbers of insured Americans and the corresponding increased need for medications--they're being hit with an excise tax as well - on brand name drugs--running in to the tens of billions of dollars ..


breaks my little heart big business has to pony up some tax $$ like the rest of the country

[silvester91999]

Originally Posted by CJ7

from your article ..


Late last week a Stryker spokesperson told me that Obamacare will cost the company fully 20 percent of its total research and development investments.

Umm CJ... Why did you leave this part out??

"There's a new 2.3 percent excise tax on medical device manufacturers. According to some reports, Kalamazoo based Stryker has laid off more than a thousand people because of it--and owes the federal government upwards of $100 million dollars this year alone.

Was that 1,000 CEO's

[Jewish Lawyer]

Originally Posted by ExNYer

Are we taking your word for this?

He looks honest - besides, most CEO's are overpaid and more importantly, I'm not one of them!

[CJ7]

Originally Posted by silvester91999

Umm CJ... Why did you leave this part out??

"There's a new 2.3 percent excise tax on medical device manufacturers. According to some reports, Kalamazoo based Stryker has laid off more than a thousand people because of it--and owes the federal government upwards of $100 million dollars this year alone.

Was that 1,000 CEO's

According to some


that's why

[Submodo]

Originally Posted by CJ7

Late last week a Stryker spokesperson told me that Obamacare will cost the company fully 20 percent of its total research and development investments.

hmmm...

I'm sure Stryker shareholders are comforted to know that only R&D will be cut, and not the executive washroom where the profits of tomorrow are made.

[huskerman23]

Originally Posted by Jewish Lawyer

He looks honest - besides, most CEO's are overpaid and more importantly, I'm not one of them!

CEO as your job title?

[thisguy23]

Originally Posted by CJ7

from the same article


And although it's no secret that drug makers like Pfizer stand to profit billions because of the increased numbers of insured Americans and the corresponding increased need for medications--they're being hit with an excise tax as well - on brand name drugs--running in to the tens of billions of dollars ..


breaks my little heart big business has to pony up some tax $$ like the rest of the country

If that's what really happens I wouldn't care, but its not. The price of the product goes up to pay for the tax increase. That makes it another hidden tax on the American people.

[Jewish Lawyer]

Originally Posted by huskerman23

CEO as your job title?

I'm lamenting the fact I'm not one of the overpaid CEO's!

[Yssup Rider]

With your superior education, intellect and morality, JL/Rocky/Marshall/LK, Im surprised you're not CEO of the whole fucking world!