Posted on 07/13/2009 8:37:15 AM PDT by RightFighter
And just what the hell will the employer get for that $750 a year from the federal government since WE (the taxpayers) ARE the federal government?! Is this like a 'service fee' or something like credit card companies and banks charge?
You have to be pretty savy/stupid or take your pick to keep coming up with another word for T A X!
Obama is solid gold for lawyers. How many companies will splinter into new 24 person businesses?
I'm already starting to plan my exit from my business. I figure that over time, the “pay” part of “pay or play” will come to equal the [then-even-more-inflated] cost of group health insurance, and there will be no advantage to giving up one’s group health policy.
However, that could take several years.
In the meanwhile, I'd save a big pile of money every year, and that would go right to the bottom line, which, when determining the value of my company, would add a multiple of the money I save to the sale price of the business.
Many companies will jump at the chance to increase the bottom line so easily.
This is a recipe to destroy privately-provided health insurance.
sitetest
I am a small business owner and if this is the plan sign me up ! I pay approx $250K per year for 55 employees. I could save 200K on this program; although they will tax that profit but I still come out ahead.
This is probably an error and it should be $750 per month....
Answer: it can't.
RETAIL BAKERS ASSOCIATION NAMES NEW PRESIDENT
LYNN SCHURMAN, CERTIFIED DECORATOR, OWNER COLD SPRING BAKERY
April 14, 2008
A participant in RBAs March on Washington, held March 12 in conjunction with the American Bakers Association, Schurman states the price hike is necessary in order for small bakeries to survive.
Retail Bakers of America (RBA)a 501(c)6 not-for-profit trade association located in McLean, VA
******
Remind me to avoid this bakery...(they are also wholesale to other retailers & grocers)
http://www.coldspringbakery.com/
Naw. Its just the way that government business is done on the slippery slope.
Give it time and it will be $750 a day
she is a typical liberal democrat
There is another hidden tax increase here as well. Today, the employee contribution is paid with pre-tax dollars. Assuming every employer who owns a calculator will quit offering benefits, the employee contributions will become taxable income (or pay cuts.)
“And just what the hell will the employer get for that $750 a year from the federal government”
Its not the employer, its the employee who will get this gem. Can you imagine the kind of health care they will get for $750 per year? I as an employer, will make sure my family has a much better plan. I am trying to talk my wife into running for Congress so I can get the crown jewel of all plans!
$750 for a full year is a whole lot cheaper than paying insurance premiums.
Lynn Schurman
Lynn Schurman wants to see the same sense of commitment from Minnesotas congressional delegation that she feels for finding a solution to the nations health care crisis.
Thats why the Cold Spring Bakery owner spent the past two days in Washington with other Minnesotans, dropping in at lawmakers offices to talk about their health care experiences and to stress a need to revamp the system.
Theres a sense of urgency that we cant let this opportunity go by, Schurman said. We need to have health care reform, and we need to have something that works for small businesses.
The activists participated in a demonstration outside the U.S. Chamber of Commerce and attended a public interfaith service Wednesday. They wrapped up their visit Thursday at a Capitol Hill rally of thousands, where Sopranos and Nurse Jackie star Edie Falco was among the key speakers.
The campaigns main message is that Congress needs to pass a health care plan that provides coverage for the estimated 46 million Americans who lack it, reduces the overall costs of health care and includes a public option.
July 6, 2009
It's wedding cake season, but at one Minnesota bakery, the boss has left the building to attend to other business.
Lynn Schurman struggles to provide health care for her 65 employees at Cold Spring Bakery and she wants Congress to know about it. So even with 23 tiered cakes on order for weekend nuptials, Lynn Schurman recently hung up her apron to join 500 faith-based activists to push health care reform on Capitol Hill.
Their goal? Pressing Congress to provide a so-called “public option,” essentially a government-run insurance plan, in the upcoming legislation.
Schurman, a member of St. Boniface Catholic Church, said health care reform reflects the Christian ethic of helping those described in the Bible as “the least of these.” It also “goes right to the heart of Catholic social teaching,” she said.
The lobbying push was organized by the Gamaliel Foundation, a Chicago faith-based social justice group that once trained a young street organizer named Barack Obama.
******
I thought we were supposed to keep faith & government separate (except when it benefits the left).
The employees will then go into the government health plan, which will ration their care canada-style. They will get all the health care that you can buy for $750/year once you have paid the cost of a huge federal bureaucracy.
Of course taxpayers will foot the bill for a lot of stuff too.
Isn't that the truth. I don't think DC could handle it if a NORMAL human being landed on their planet!
Guess I have to do some firing to get down to the 25 limit.
That 26th employee is dead meat.
Correct. It started out exactly like this in MA. So many employers were opting to pay the penalty that after less than a year, the penalty was increased. That's the idea in the first place.
our congresscritters do nothing but piss me off. These a$$holes cough and then rush over to Bethesda Medical and get top notch treatment instantly. It doesn’t work that way out in the real world. As a pilot, they should have to use the Medicare system for 4 years before cramming govt run health care down our throats.
I have insurance but never, i mean never, use it for anything other than routine check ups - I would come out ahead if I were to drop the insurance and pay as I go. The only conforting thought about me insurance is the IF I get cancer or need some catastrophic care I am covered. Been paying for 20 years with no realized benefit as of yet.
Businesses with 25 employees or more would be required to offer health insurance or pay $750 a year per full-time worker to the federal government, under health care reform legislation being considered in the Senate. ... A "play or pay" employer mandate..Idiots. A bunch of IDIOTS. That's what these professional politicians are are. If I'm an employer with 25 (or more) employees I'm paying the $750 fine you beltway morons.
But would I really be "paying" it?.. no way, the employee(s) would. It would come right out of his pay and/or any future wage increase. And the best thing is, they would hardly even know it!
That fact is 'employers' will pay this $750.00 fine when pigs fly.For a *typical* non-union employee there's six (6) 'paid' Federal Holidays, normally five (5) 'paid' sick days and after a couple years, a two (2) week 'paid' vacation, that amounts to 168 'paid' non working hours per year.
Based on a typical eight (8) hour day that brings down the total in-house working hours to 1912 hours per year. Dividing that $750.00 'fine' by 1912 hours = $0.392 an hour. So that amount, or rounded to $0.40 an hour is what I deduct from his pay ($0.40 x 1912 = $764.80). From the day this thing goes into effect he gets a pay 'decrease'. That's *only* $16.00 a week from his gross, he won't even miss it. (1)
And when annual 'Raise Time' comes around, same thing. Instead of say a $2.00/hr raise, he gets a $1.60 an hour raise. And if he doesn't like these new terms -- see ya Francis, here's a box and there's the door.
And when he gets home and after he tells his wife, who will be jumping with joy (ha-ha-ha), he can call Nancy Pelosi and thank her for his new lower salary.
(1) For the 1912 hours the employer comes out slightly ahead. But you have to recover something for added overhead costs. And at 2080 'paid' yrs a year, it would only be $0.36 an hour deducted, $14.42 less a week, but that just breaks even.
no offense to idiots.
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