Thursday June 24, 2021

Company scraps plans for expansion over ObamaCare tax

Indiana-based Cook Medical says it’s scrapping plans to open five new plants in the coming years because of a looming $20 million a year tax tied to President Obama’s health care overhaul law. A company spokesman said "In reality, we’re not looking at the U.S. to build factories anymore as long as this tax is in place. We can’t, to be competitive."  More…

Posted by at July 28, 2012
Filed in category: Business, Health, News, Obvious,

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