Posted on 12/05/2013 11:52:04 AM PST by afraidfortherepublic
Donna Baker of Adrian, Mich., owns an accounting firm, payroll company and retail store. Her husband, Kim, is the sixth generation owner of a dairy farm.
While the four businesses are separate entities, they count as one employer under the health-care law due to a technicality — Mrs. Baker is a minority stakeholder in the 1,800-acre property that her husband’s farm sits on, plus she helps out with some of the farm’s bookkeeping.
As a result, the Bakers are subject to aggregation rules in the U.S. tax code, which means they would be required to offer health-insurance benefits to their combined full-time staff — if it reaches 50 employees — starting in 2015, or pay a penalty.
“I’m just an investor in the farm,” says Mrs. Baker, who testified on the issue during a Congressional hearing Wednesday before the House Small Business Committee. “I am not running the day-to-day operations.”
The Bakers collectively employ just shy of 50 full-time workers, the threshold in which employers must provide health-care benefits to comply with the law. If they expand their headcounts in the coming year to 50 or more people, they would be subject to the mandate.
(Excerpt) Read more at blogs.wsj.com ...
They will just have to get divorced....
Aren`t farm dogs employees?
Woof!
I wonder if any of these business owners supported the law or Obama.
“I wonder if any of these business owners supported the law or Obama.”
Most big farmers are demonrats because they suckle the government teat for every subsidy possible.
...or separate ownership of their assets (including the farmland) for ACA as well as estate planning reasons.
They do have separate ownership and it doesn’t seem to have helped
She’s a minority shareholder in the land, which the government has now decided isn’t separate enough for ACA purposes. Did I read that wrong?
if she owned shares in GM would that count too?
The scary part is if you own a firm like a medical office and are staying under the ACA limits, and then they include your silent partners / investors to push you over the limit.
What, Obamacare doesn’t have veterinary provisions?
Well, America is now getting good and scrod as a consequence of being lackadaisical about things governmental.
Maybe by divine fortuitousness (I am bold and call it plan) this will bring into play enough outrage to deal US socialism a kick in the rear it won’t soon forget.
They got arrogant and put the frog kettle on a 10 million BTU burner. Nope. Won’t work this time, the jumping will be furious.
Yep, our government has become a crime syndicate
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