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An Indiana company that makes medical devices has cancelled plans to build five new plants in the Midwest and may now build them overseas due to the abominable tax provisions that will hit medical device companies. In the case of Cook Medical, they estimate the added tax would be $15 to $20 million. This is money that cannot be used for expansion (read, jobs).
I'm so glad they passed Obamacare "so we could find out what's in it" (Empress Pelosi of San Francisco).
Well, we've been finding out and the liberals can kiss my Pelosi.
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