From the IRS standpoint, 15,000 new employees have to be added just to, you know, administer ObamaCare and look at the tax implications.
Sentiment: NEGATIVE
Small-business people do not want to have more than 50 employees, because that's when all the regulatory burden of Obamacare kicks in.
In order for Obamacare's cost structure to work, millions of Americans must sign up to pay inflated prices; that would help pay for the subsidies to cover insurance company costs on those with pre-existing conditions.
Unfortunately, the health care bill commonly referred to as ObamaCare is making it more difficult for employers to provide insurance to their employees. It limits individuals' ability to pick their own doctors and, over time, decreases the quality of care we provide in this country.
I think the latest estimates were that we have about 250,000 millionaires and billionaires. President Obama wants to increase their taxes 13 percent.
The real problem with Obamacare has little to do with the number of people signing up, and a lot to do with the restrictions on insurance companies and reimbursement rates to doctors.
Thanks to President Barack Obama, under the Affordable Care Act, millions more people will be eligible for health insurance, including many people with HIV.
No one making less than $250,000 under Barack Obama's plan will see one single penny of their tax raised, whether it's their capital gains tax, their income tax, investment tax, any tax.
When it came to dire warnings about Obamacare, the Republicans were the kings of 'swing and a miss.' People would flee the health care industry to avoid Obamacare? Nope - according to the Bureau of Labor Statistics, health care gained about 1 million new jobs in preparation for increased demand.
It struck me that most businesses have less than 100 employees, but most payroll services were going after bigger companies.
If Obama raises my company's taxes by 20 percent, how am I going to be able to survive as a company? Well, if I've got 30 employees, that means I'm going to have to lay off 10 employees so I can be able to keep up with the health and benefits and pension plans for my other 20 employees.