And who do you think will pay the premiums? Do corporations and businesses pay taxes? Heck no! They pass them on to the consumer. And that's exactly what's happening with Obamacare which is a giant tax increase. Already, insurers are being dunned for billions of dollars and they are...guess what...passing those increases on to the insured! Read about it here. And now you know why Obamacare included hiring beaucoup IRS agents as one of its provisions. It was NEVER about healthcare.
And while we're talking about Obamacare consequences have you heard about the 29ers and the significance of 49? Well, folks, employers must offer health insurance to employees who work 30 hours a week or pay severe penalties. So...many businesses are now hiring part-timers, especially fast-food franchises which have a very small profit margin. It's a question of necessity: cut employee hours or go out of businesses.
Other businesses that might expand are keeping their roles at 49 employees, because they are exempt until they hit the threshhold of 50 workers.
So what does all this mean? Small businesses will not expand and offer more jobs and many businesses will eliminate fulltime employees. Thank you, Obama, for killing jobs, hurting workers, and raising the cost of health insurance. The average family will see an increase of $300 this year with an even bigger increase next. And you liberals thought Obamacare would be free. But...maybe you can still get a free cell phone.