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Small Business Faces Big Bite

apdst

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This is really going to suck.


WASHINGTON -- House Democrats on Tuesday unveiled sweeping health-care legislation that would hit all but the smallest businesses with a penalty equal to 8% of payroll if they fail to provide health insurance to workers.

The House bill, which also would impose new taxes on the wealthy estimated to bring in more than $544 billion over a decade, came as lawmakers in the Senate raced against a self-imposed deadline of this week to introduce a bill in time for action this summer.

Small Business Faces Big Bite - WSJ.com
 
This is really going to suck.

No, it's going to provide MILLIONS with healthcare! That's right, millions. Of course, most of those will be newly unemployed as small businesses start firing people to pay for the added cost of business.
 
No, it's going to provide MILLIONS with healthcare! That's right, millions. Of course, most of those will be newly unemployed as small businesses start firing people to pay for the added cost of business.

It's going to put more people in the welfare line. That's the objective, anyway.
 
How long until people realize that Obama is actually TRYING to ruin the economy for his own idealogical purposes? Government-dependent people is his ultimate goal. He might as well office in Havana. That sounds crazy, but it's true.
 
I pay my employees enough to get thier own damn health insurance or choose not to have it. It's gonna suck for them when I have to reduce thier wages to avoid this crap.
 
I pay my employees enough to get thier own damn health insurance or choose not to have it. It's gonna suck for them when I have to reduce thier wages to avoid this crap.

I was thinking the same thing. Employer's that currently don't offer healthcare benefits are going to cut their employee's salaries to afford this or lower the amount of employee's they have.

If health care reform is going to go through it should be a option along side private healthcare not a requirement for anyone.
 
I was thinking the same thing. Employer's that currently don't offer healthcare benefits are going to cut their employee's salaries to afford this or lower the amount of employee's they have.

If health care reform is going to go through it should be a option along side private healthcare not a requirement for anyone.




Not only is thier pay going to be cut, they will be forced into my infierior plan.
 
I pay my employees enough to get thier own damn health insurance or choose not to have it. It's gonna suck for them when I have to reduce thier wages to avoid this crap.

That's what I'm talking about!
 
Not only is thier pay going to be cut, they will be forced into my infierior plan.

That might not be true in all cases. When I first met my wife she was forced to obtain her own insurance and she had to pay $350 a month for a crappy HMO that practically only covered routine check up.

The options for single individual private insurance is crap unless you can throw over $500 a month at it.
 
That might not be true in all cases. When I first met my wife she was forced to obtain her own insurance and she had to pay $350 a month for a crappy HMO that practically only covered routine check up.

The options for single individual private insurance is crap unless you can throw over $500 a month at it.





It all depends. I give my employees enough to pay that $500 or more.
 
It all depends. I give my employees enough to pay that $500 or more.

Most employers I have dealt with that do not offer health insurance rarely incentivize employee with extra pay to obtain on their own. The lack of health insurance is just something the new hire is expected to accept when weighing their options before taking the job.

You happen to be a generous employer. Which I would think works to your benefit in the long term with lower employee overturn. :2wave:
 
Most employers I have dealt with that do not offer health insurance rarely incentivize employee with extra pay to obtain on their own. The lack of health insurance is just something the new hire is expected to accept when weighing their options before taking the job.

You happen to be a generous employer. Which I would think works to your benefit in the long term with lower employee overturn. :2wave:




Thanks, I think my newest employee I hired 8 years ago? :mrgreen:


I pay the best and I expect the best.... It has served me well.
 
Wow 8%! I imagine there are alot of small business owners out there that live on that 8%.
 
Here's the really troubling part, from a NYT article on the same subject

The surtax would apply to any adjusted gross income exceeding $280,000 a year for an individual and $350,000 for a couple filing a joint return. The tax rates would range from 1 percent to 5.4 percent.

...

The additional tax on high-income people could rise significantly in 2013 if the federal government did not achieve specified savings in federal health programs like Medicare and Medicaid.

Yea, I'm really ****ing betting that the government is going to achieve those "specified savings." What this is is a backdoor tax, passing it without all the political pain now, and then letting the higher rate kick in later.

If they pass this, they're raising taxes a ****load more than they're pretending to. **** this.
 
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Here's the really troubling part, from a NYT article on the same subject



Yea, I'm really ****ing betting that the government is going to achieve those "specified savings." What this is is a backdoor tax, passing it without all the political pain now, and then letting the higher rate kick in later.

If they pass this, they're raising taxes a ****load more than they're pretending to. **** this.

That was a given when I read that last night.

There hasn't been a spending projection by the government that has been on target. At least nothing I can think of.
 
We recently had to put 70% of our people on contract, from home and even though business is booming, its a step forward step back game month to month.
 
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