Companies threaten to quit state over new tax on medical devices
A dire warning from Bay State medical-device companies that a new sales tax in the federal health-care law could force their plants - and thousands of jobs - out of the country has rattled Gov. Deval Patrick, a staunch backer of the law and pal President Obama.
“This bill is a jobs killer,” said Ernie Whiton, chief financial officer of Chelmsford’s Zoll Medical Corp., which employs about 650 people in Massachusetts. Many of those employees work in Zoll’s local manufacturing facility making heart defibrillators.
“We could be forced to (move) manufacturing overseas if we can’t pass along these costs to our customers,” said Whiton.
Why would any company that manufactures do business in Massachusetts or California? I'm picking on perhaps the two least business-friendly states?
ReplyDeleteIf you want to manufacture in the US there are two dozen states that are better choices. Why manufacture where taxes are draconian, wages have to be high to match the cost of living and the business environment forces unions down your throats?
Tennessee (for example) has a skilled workforce, far less taxes, is a right-to-work-state (no unions) and offer incentives if you move your business there. Nevada (for example) has no state tax and is very business friendly. If you're a business owner, it's a no brainer.
Or you can relocate to China. The initial cost of set-up is high, but a skilled journeyman laborer is paid $1.50 per hour (or less).
You want to keep your job in America? Think about who you vote for and policies they are pushing - because you can push your job right out the window.