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Biggest loser of 'reform': small biz
NY Post ^ | November 2, 2009 | GRACE-MARIE TURNER

Posted on 11/02/2009 3:27:22 AM PST by Scanian

SMALL businesses have the highest hopes for health reform, but they'd be big losers under the bills Con gress is debating.

For more than 20 years, small-business owners have listed health costs as their No. 1 concern. But leading "reform" bills would make things worse -- ballooning expenses for firms that now offer insurance and slamming companies that can't afford the benefit.

The 1,990-page bill the House leadership unveiled Thursday would impose a dizzying barrage of new regulations on employers, and force them to either provide government-specified health insurance or pay a penalty of up to 8 percent of their payroll.

(Excerpt) Read more at nypost.com ...


TOPICS: Business/Economy; Government; News/Current Events; Politics/Elections
KEYWORDS: congress; insurance; obamacare; taxes

1 posted on 11/02/2009 3:27:22 AM PST by Scanian
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To: Scanian

Now, all together class: Where do jobs come from??


2 posted on 11/02/2009 3:28:23 AM PST by ClearCase_guy (Play the Race Card -- lose the game.)
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To: ClearCase_guy
Now, all together class: Where do jobs come from??

From President Obama!

3 posted on 11/02/2009 3:32:40 AM PST by Steely Tom (Without the second, the rest are just politicians' BS.)
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To: Scanian
Small business? Good luck finding one to get a job with if Congress has its way!

"Show me just what Mohammed brought that was new, and there you will find only things evil and inhuman, such as his command to spread by the sword the faith he preached." - Manuel II Palelogus

4 posted on 11/02/2009 3:43:00 AM PST by goldstategop (In Memory Of A Dearly Beloved Friend Who Lives In My Heart Forever)
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To: Scanian

Again, I repeat myself, again.

There are thousands of small businesses run by black people. Most of those blacks are Republicans because Republicans have usually been better for small businesses than Democrats have been.

But WHERE is the voice of black business people? Are they that afraid of backlash? Has ACORN threatened them?

There were more than a few blacks in DC on 9-12. Why can’t they find their voice and stand up for small businesses? THEIR small businesses will be affected by 0bama-Care as much as any white owned small business.

If they’re scared, I grieve for them. But I remind them of Patrick Henry’s phrase: Give me Liberty or Give me DEATH. We must be willing to die for our Liberty or we will become slaves in our own Country.


5 posted on 11/02/2009 7:05:15 AM PST by HighlyOpinionated (Abortion-Euthanasia kills the very people for whom Social Justice is needed.)
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To: goldstategop

If you saw Goolsby (sp??? Obama’s top economic advisor) this morning on CNBC’s Squawkbox, you would think that Obama is the absolute best friend for small business. “We’re going to fix health care which small businesses all claim is their number one problem.” When Joe Kernan asked him to address the growing marginal tax rate in the country, Goolsby refused to even engage.

Kernan pointed out: you’re taking the top marginal rates back up to the Clinton era (39.6%); in states like New Jersey, the top marginal rate is around 10.75%... Then you’re going to add a penalty for health care (% unknown at this point)... Then you’re going to add cap & trade (% unknown at this point).

Goolsby couldn’t or wouldn’t add it up.


6 posted on 11/02/2009 7:08:22 AM PST by ReleaseTheHounds ("The demagogue is one who preaches doctrines he knows to be untrue to men he knows to be idiots.")
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