Catepillar Predicts 100 MILLION dollar hit in 2011 over Obamacare

Discussion in 'Healthcare/Insurance/Govt Healthcare' started by oreo, Mar 25, 2010.

  1. oreo
    Offline

    oreo Gold Member Supporting Member

    Joined:
    Sep 15, 2008
    Messages:
    12,438
    Thanks Received:
    1,959
    Trophy Points:
    255
    Location:
    rocky mountains
    Ratings:
    +4,147
    Some of our major corporations are just starting to estimate Obamacare. First out of the box is Catepillar--stating that their corporation will be paying an additional 100 million--(of which they cannot afford in this economy.)

    Heres the story:

    Now to you liberals: What do corporations DO when they have addiitonal liability for TAXES--that they have to meet?

    Any guesses out there--from you liberal economic Einsteins---:lol::lol:



    Caterpillar predicts $100M health care reform costs | Chicago Press Release Services
     
    Last edited: Mar 25, 2010
  2. sparky
    Offline

    sparky VIP Member

    Joined:
    Oct 19, 2008
    Messages:
    3,326
    Thanks Received:
    324
    Trophy Points:
    83
    Location:
    paradise
    Ratings:
    +341
    they don't hire


    what do i win?


    ~S~
     
  3. editec
    Offline

    editec Mr. Forgot-it-All

    Joined:
    Jun 5, 2008
    Messages:
    41,427
    Thanks Received:
    5,598
    Trophy Points:
    48
    Location:
    Maine
    Ratings:
    +5,617
    I'm curious how that works.

    Any idea?
     
  4. Toro
    Offline

    Toro Diamond Member

    Joined:
    Sep 29, 2005
    Messages:
    50,696
    Thanks Received:
    11,042
    Trophy Points:
    2,030
    Location:
    The Big Bend via Riderville
    Ratings:
    +25,013
    A number of companies have come out and say this over the past few days.
     
  5. chanel
    Offline

    chanel Silver Member

    Joined:
    Jun 8, 2009
    Messages:
    12,130
    Thanks Received:
    2,746
    Trophy Points:
    98
    Location:
    People's Republic of NJ
    Ratings:
    +2,749
    China should have zero unemployment by year end.


    (Do I win too???)
     

Share This Page