| | | | | ReWalk posts $6M quarterly loss | | | | ReWalk Robotics Ltd., a manufacturer of robotic exoskeletons for those with spinal cord injuries, lost more than $6 million in its most recent quarter, despite a 21-percent increase in revenue. | | | | Read more >> | | |
| | | | | | Recovery Centers of America inks Blue Cross contract | | | | Recovery Centers of America said it has signed a contract with Blue Cross Blue Shield of Massachusetts to treat its members at its Westminster facility. | | | | Read more >> | | | | BlueHive looks to continue growth | | | | BlueHive Strategic Environments designs, builds, and manages trade show exhibit properties for companies involved with 3D branded marketing. The Worcester company added a new digital marketing department last year and plans to grow its manufacturing workforce. | | | | Read more >> | | | | Baker: Mass. would lose critical funds in GOP health care plan | | | | The health care bill that Congressional Republicans plan to bring to the House floor for a vote Thursday afternoon would result in "a massive loss of critical funds" for Massachusetts, Gov. Charlie Baker said. | | | | Read more >> | | | | |  Like us on Facebook for our latest business news |
| | | | | | | | Question of the Week | | | Tuesday we asked: This week, President Donald Trump released an outline of his administration's plan to change the federal tax code. The plan proposes cutting the number of tax brackets on the tax code from seven to three, cuts the corporate tax rate from 35 percent to 15 percent, and repeals the 3.8 percent investment surtax from the Affordable Care Act. It also would eliminate the estate tax, the alternative minimum tax, and tax deductions for individuals other than mortgage and charitable deductions. The White House said the plan will pay for itself with economic growth, but the Committee for a Responsible Budget said it could end up costing between $3 trillion and $7 trillion over a decade. | What do you think of the president’s tax plan? |  | - What the country needs is a serious proposal, not a half baked plan such as this. It's embarrassing that anyone would claim with a straight face this could be paid for solely by economic growth.
- It didn't work the last time, so why do we think it would be different this time?
- We have seen this before and although corporations have a relatively higher tax bracket many major corporations don't pay any taxes due to the laws, and companies do not and will not improve hiring or create jobs simply because they have more profits - those profits go the shareholders or to the companies to buy back their stock. It's been done twice and it doesn't work - period.
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