Medical Companies Brace For ‘devastating’ ObamaCare Tax, Prepare For Layoffs

Barack Obama 6 SC Medical companies brace for devastating ObamaCare tax, prepare for layoffs

Andre DiMino has been running medical device company ADM Tronics since his father, who founded the decades-old firm, died in 2001. He’s never laid off anybody.

“These people are like family with us,” he said.

The boss might not be able to hold out much longer. Come Jan. 1, an ObamaCare-tied tax specific to his industry is expected to go into effect. Though the Obama administration has downplayed the impact, DiMino calls it “devastating.”

“I think after all of these decades of not laying people off, I think we may have to face that,” DiMino told FoxNews.com. He predicted he might have to immediately lay off three people in his manufacturing division and possibly more after that.

DiMino, whose Bergen County, N.J., business currently employs 20 workers, is one of hundreds of CEOs across the country clamoring for Washington’s attention, urging lawmakers to kill the tax before it kills jobs.

Read More at foxnews.com . By Judson Berger.

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Comments

  1. What else is new, we all know that this healthcare will kill jobs, and this healthcare will be a crappy. How can you get quality healthcare with millions of people on it at the same time? And the government, who can't run this country decent, will make decisions on who gets medical treatments. People will die, and this healthcare will be extended to all illegals, mainly mexicans.

    The taxpayer will be paying for them as well, our taxes will go up for this crappy healthcare. obama and his family will have the best healthcare, while the rest of us will rot with this crappy healthcare. Is this going Forward? NO

  2. Did my tour in S Viet Nam in 67-68 US~Army. Many years down the road I ran into a Vietnamese woman who opened up a restaurant here in Georgia. I asked her what happened when the North took over S Viet Nam. She told me the first thing the communist did was close all the banks and hospitals, resulting in many people to die. And that ladies and gentlemen is how communism works..

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