Quote:
Originally Posted by "W"
Here is a simple truth
Big companies like mine or any oil.company can save millions by not providing employers insurance
They can take the fine (Tax) and demand employers buy Obamacare
The Fine(Tax) will save them money instead of paying Millions in premiums .
So big Government wins Twice .. Pay check from Company (Tax) and payment from employer for insurance
I hope this don't happen to anyone but Companies look at budgets and match is simple
6million in insurance premiums or
2.5 Million in fine (Tax)
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I think you mean employees' benefits but, you are correct. Now, in my case, working on relatively small profit margins already, I cannot afford to provide health insurance to employees. Truly, they make enough that they could buy their own if they wanted to and some do. This new "penalty" (its a damn tax!) will cut even further into what little I make. In essence, it could consume my profits which is how I pay my lease, mortgage and health insurance, etc... Now, I'm out of business and employees are laid off. Brilliant right?!
I don't understand the general hateful attitude that has been portrayed by the left toward business and their profits. Their taxes or penalties only seem to show more of their distaste for those of us who risk it all to be in business. If I can't make money owning my business, what the heck is the point in stressing myself out to keep the doors open? I guess I'm one of the "more fortunate."