Job Killer: Obama’s new Health Care Tax

Hawaii Free Press ^ | 7-6-09 | Heritage Foundation

[JohnKSmith]

This past Friday the CBO released a fuller scoring of HELP’s legislation, and indeed, the overall impact on our nation’s debt is lower: a mere $597 billion would be added to federal budget deficits over the 2010-2019 period.

How did HELP lower the bill’s budget busting total? Did they “bend the curve” on health care costs? Did they weed out administrative costs? Eliminate waste? Nope. The Washington Post reports:

Committee staffers reworked the bill — and added a new provision requiring most employers to contribute to the cost of health insurance — to arrive at the lower estimate. Under the new proposal, any business with more than 25 workers would be required to offer coverage or pay a $750 penalty per employee.

In other words, the HELP committee wants to pay for their health care plan in classic “tax-and-spend” liberal fashion: by instituting a crippling new tax on our nation’s businesses. And not just any new tax. A tax directed like a heat seeking missile at job creation: an employer mandate.

[wbones8765]

These people have to be the dumbest a$$e$ in the world. In a recession adding cost to business, means no jobs!!!

[Gargantua]

One conclusion a sane person can draw from 0'Bonehead's first 6 months is that he's a foreign operative intent on destroying America as swiftly as possible... too quickly for the sheeple to start bleating and shuffling uneasily around the abbatoire's holding pens.

Just my take.

;-/

[massgopguy]

2 million Americans are employed in the Health Insurance business.

[griswold3]

You can’t create any jobs when you destroy business.
The Federal Government is declaring war on business! They really don’t believe small businesses would put up with this, do they?
Many small businesses (who create 70% of the jobs in this country) are formulating plans to close for up to 2 years (the next election cycle) if any of this ‘central planning’ nonsense passes.
Why take such risks on your own, when in the end you’d be better off retiring (jumping on the wagon) or working for someone else?

[socialismisinsidious]

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