- Joined
- Jun 23, 2009
- Messages
- 133,631
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- Location
- Bagdad, La.
- Gender
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- Political Leaning
- Very Conservative
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.
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 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.
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.
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:
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.
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.
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