Jon Stryker Top Donor To Obama To Lay Off Workers Ahead of Medical Device Tax
I’m sure you’ve heard of all the liberal calls to boycott the companies that are claiming they’ll have to layoff workers as a result of Obamacare, and the medical device tax. Of course, most of those CEOs voted for Mitt Romney, but one man stands out in the list of growing companies that are planning cuts. His name is Jon Stryker, and he’s a billionaire from Kalamazoo, Michigan. He owns Stryker Corp.
Jon is also a Democrat. In fact, this past summer, he donated over $2 million dollars to Barack Obama super PACS. He also happens to rank as one of the top five contributors to Obama’s campaign. Jeffrey Katzenberg (CEO of Dreamworks) gets top dog position at $2.566 million. But Jon’s donations weren’t too shabby.
According to the Associated Press, Stryker is tied for third place in contributions to Obama with Fred Eychaner, founder of Chicago-based publisher Newsweb Corp.
Stryker has donated $2 million to the Priorities USA Action super PAC, which supports Obama, AP reported. He has also given $66,000 in contributions to Obama and the Democratic Party. In July, Stryker wrote a $750,000 check to Priorities Action USA.
According to campaign filings, Stryker made three donations this summer: on June 12, he gave $750,000, on July 20, $750,000 on Aug. 29, $500,000.
That’s a lot of moolah. Think of how many hungry mouths that could feed, or jobs that could provide in this country. But I digress.
Jon has this medical device company. He purchased another company, Gaymar Industries, in 2010 for $150 million. Along with that acquisition came two facilities located in New York State. The government is also going to implement a 2.3% tax on medical device sales in January 2013. So guess what? To make up for that increase, Jon is going to close those two New York plants and fire 107 employees by the end of the year. He plans on cutting his workforce by 5% and slashing $100 million from his operating costs.
As a Democrat, and a rich one to boot, shouldn’t he be glad to pay the government taxes? Guess not.
Think any liberals will take him to task for this, like they are Papa Johns, Darden Restaurants, and all those other companies that are about to layoff employees. Nah.
2012-11-14 13:20:29
Source: http://republicaninthearts.blogspot.com/2012/11/jon-stryker-top-donor-to-obama-to-lay.html
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