Pages

2/2/13

Obamaquences: Medical device maker lays off 100

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 under Obamacare caused the layoffs in the Memphis and Andover, Mass. A nearly $30 billion tax on medical devices took effect Jan. 1, 2013.