‘Obamacare’ will hurt businesses in 2014Published 9:11am Tuesday, March 26, 2013
Evidently columnist Jim Crawford doesn’t read some papers, listen to the news or he is just a typical Democrat with blinders on.
Recently in the New York Times and other newspapers they were telling just how bad “Obamacare” really is.
The Supreme Court last year said it was a large tax on everyone. But only today did anyone look at what it will do for small businesses across America.
This particular business just happened to be in New York City and they did a story on what will happen to them. The bakery on which the newspaper wrote had 95 employees, and their total profit for the year was $200,000. But, with the tax that will happen next year, their profit will be less than $95,000.
They have three options, as do businesses here at home.
First, cut employees’ hours to below 30 a week.
Second, have fewer than 50 employees.
Third, pay a fine for every employee, which would be more than the first option.
What would you do?
Now, you think that this won’t affect you? Well you are wrong as you must buy insurance yourself if there are fewer than 50 employees or pay a fine every year.
Next year the insurance companies have already said, because of the coverage, they must carry the premium could go up from 20 percent to 100 percent on everyone.
Mine has already increased this year. I hate to think what it will be next year.
However, this is one thing that you can’t blame on George W. Bush and the Republicans, as not a one of them voted for this tax monstrosity.
Maybe when it hits you in the pocketbook you will take off those rose-colored glasses and see just what you voted for.
Yes, I’ll pay for it to, but so will you. And when I do, I’ll say, “Don’t blame us. We had nothing to do with this.”