Lue C Fur
Evil member
yea it would be interesting to see. I'm sure the republicans back then threw something on the table to counter the democratic effort.
the liberals have sold this as health care for the poor. Reality may be that most of the 32 million that will now be "afforded" health care could have bought it before but were young and healthy and did not feel they needed to pay for health care. Thus the legislation that forces them to get it or pay the fines. Clearly the fines tell us that Obama was not doing this to help the poor and downtrodden but to get the youngsters on a health care plan. the question then is why? Did the democrats really do this to help the bottom lines of insurance companies?
Small businesses with fifty or more employees will now be required to provide their employees with health insurance or risk these fines if their employees apply for federal insurance tax breaks. Many of these small businesses can not afford to hire if the employee will now cost them another two to 10 grand a year depending on what they do.
paying the fine will cost a business with 50 employees an additional 100,000 a year.
Paying for health insurance as much as an additional 500,000 a year.
I believe the liberals who sold this bill said something about tax credits for the small business?
why? They would have already been writing this off as an expense if they had been supplying health care to their employees. The real motive here is to get the business to pay the 2000 tax per employee. Nothing else makes sense but a government effort to levy more tax revenues.
they could have reasonably hired three more employees with that 100 grand. and certainly 15 more with the 500 grand. Any doubt this will slow down hiring?
What this bill looks like is not a health care reform bill but a cleverly disguised tax increase. Many individuals will decide the fine is cheaper then a health care plan. Many businesses will also decide the fine is cheaper then supplying their people with health care.
If you're looking for a government job my guess would be the IRS will need lots of people to enforce this bill and levy all the fines.
I'm wondering too if businesses will sectionalize in some way to keep their payrolls below the magic number of 50 and thus avoid the health care levies?
In either case I don't see how the extra cost can do anything to help our economy. Many of these provision are designed to start in 2014. I'm guessing Obama is hoping to be a lame duck president by the time the public figures out what a mess he created.
any doubt unemploment will increase in 2014 as businesses trim jobs to pay for this mess?
Excellent points!!! I think its also just more goverment control over our lives and more votes for the liberals from the freeloaders.