Sunday, March 21, 2010

Historic Vote on Health


The Wall Street Journal reports:
"This will make us one of the highest-taxed regions in the world, and that's going to have an impact on the appetite for people to invest in medical innovation," said Bill Hawkins, chief executive of Medtronic Inc., which makes medical devices. He said his company could cut at least 1,000 jobs to absorb a new 2.9% excise tax on medical-device makers.
How many thousands of jobs will be lost because of this?