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Will Mike McIntyre Hike Taxes on TranS1 Workers in Wilmington?


Posted by John Kartch on Thursday, March 11th, 2010, 11:09 AM PERMALINK


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Will Congressman Mike McIntyre Hike Taxes on TranS1 Workers in Wilmington?
 
 
New Obama healthcare plan endangers 7,804 North Carolina jobs

WASHINGTON, D.C. Buried in the latest government healthcare plan proposed by President Obama is a new tax on medical device manufacturers, who make everything from prosthetic limbs to pacemakers. The bill imposes a new tax of $2 billion per year (rising to $3 billion in 2017) on the industry. Congressman Mike McIntyre will have a chance to vote on this bill later this year.
 
This new tax will particularly hit the TranS1 facility in Wilmington, North Carolina. It employs 120 people—workers who may find themselves with a pink slip instead of a paycheck if this jobs-killing tax hike goes through.
 
“Washington politicians like to talk about jobs, but speaker of the House Nancy Pelosi and President Barack Obama want to raise taxes on the medical device industry that will kill jobs,” said Grover Norquist, president of Americans for Tax Reform.  “Congressman McIntyre can talk all he wants.  Now he has a choice to vote with the Democrat leadership and kill jobs in North Carolina or to summon the courage to vote against the Democrat leadership and protect those jobs.”

Statewide, there are 7,804 employees working for the medical device industry. The average medical device worker in North Carolina earns $36,300 , higher than the state average of $30,700. Statewide, there were $2,706,456 in medical device sales in North Carolina in the latest reporting year.
 
Congressman Mike McIntyre VOTED AGAINST this same tax hike just last year. How will the Congressman vote this time?

 

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