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Denny's to charge 5% 'Obamacare surcharge' and cut employee hours to deal with cost of legislation
Ms Sans Serif
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[quote:Real list:MV8yMDUyMTI4XzM0NDg4MzI3X0IzOTgzQzMz] Speaking of O-care, get ready to be amazed. In 2014 a family of four with income of $90,000 (yes, $90,000) the estamated insurance premium is $16,850. The subsidy in the form of a tax credit for that insurance cost is $8308, or 49%. There is a calculator here http://healthreform.kff.org/Subsidycalculator.aspx#incomeAgeTables In what reality can the government pay half or over half of the insurance cost for 90% of the population? All the wealth of the top 10% couldn't pay this bill for more than a very short time. National suicide, voluntary suicide by authorization of Barak Obama [/quote]
President Obama's election victory ensured his Affordable Care Act would remain the centerpiece of his first term in power - but that has left some business owners baulking at the extra cost Obamcare will bring.
Florida based restaurant boss John Metz, who runs approximately 40 Denny's and owns the Hurricane Grill & Wings franchise has decided to offset that by adding a five percent surcharge to customers' bills and will reduce his employees' hours.
With Obamacare due to be fully implemented in January 2014, Metz has justified his move by claiming it is 'the only alternative. I've got to pass on the cost to the customer.'
The fast-food business owner is set to hold meetings at his restaurants in December where he will tell employees, 'that because of Obamacare, we are going to be cutting front-of-the-house employees to under 30 hours, effective immediately.'
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