LOL - too funny, the people making millions are crying because a loophole was closed. How sad that is. Ask Verizon and ATT how their outsourcing of American workers is doing while you are at. Sad that their obligations are not covered by the enormous profits. Don't cry for me ... does Michelle only cry for the rich?
AT&T sees $1 billion write-down tied to health law - MarketWatch
"Under the old law, companies received a federal subsidy worth up $1,330 per retiree if they provided former workers with drug-care benefits. At the same time, however, companies could deduct the value of the subsidy from their taxable income. See blog on whether the new health care law already is hurting business
White House spokesman Robert Gibbs on Thursday said the government merely eliminated a tax loophole that effectively allowed a company to benefit twice from one law."
and what about normal write downs? Did Michelle whine then too?
TECHNOLOGY - TECHNOLOGY - Verizon May Write Down Big Fiber Optic Investment - NYTimes.com
I haven't heard or read about companies complaining about this. I have read and heard about Liberals with capital L's copmplining that the companies are complaing, but that a different thing, isn't it.
From your link:
"As a result of this legislation, including the additional tax burden, AT&T will be evaluating prospective changes to the active and retiree health care benefits offered by the company," AT&T said in a filing with the government on Friday.
An AT&T spokesman declined to comment further on the filing.