Campaign 2010

May 03, 2010

FACT CHECK: Tim Burns’ Record as a Businessman Led to Job Loss

At this evening’s candidate forum in Davidsville, Pennsylvania, millionaire Republican Tim Burns once again touted his experience as a businessman, despite the fact that the sale of his company that got him rich led to job loss.  In addition, his own company abused a loophole that encouraged shipping jobs overseas.

 

BACKGROUND:

 

In 2002, Burns said he supported NDCHealth buying his company TechRx despite the fact that he knew it could lead to layoffs in Western Pennsylvania.  58 jobs were lost as a result of the sale. [Pittsburgh Business Times, 5/31/02; Pittsburgh Post-Gazette, 4/22/10]

 

Burns’ own company was taking advantage a loophole that gave them a tax break for shipping jobs overseas.  [The Hill, 4/12/10]

 

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