US companies are supposed to compete out in the world with this kind of noose around their neck???

US people will soon be digging with sticks for bugs in the dirt just to find something to eat.

Why do you guys keep electing turkeys to be your leaders?



Nearly one-quarter of all seniors rely on Medicare Advantage, the private health care option in Medicare. However, Obamacare makes such deep cuts to that program that half of those covered will no longer be able to keep the coverage they have.

New taxes on drug companies ($27 billion) and medical device makers ($20 billion), as well as new reporting requirements and regulations imposed on physicians, will make access to health care and services more costly and difficult for seniors under Obamacare.

Buried in the ObamaCare law is a tax on medical devices. This month, we learned that 205 employees of medical device maker Welch Allyn will lose their jobs because of it. the new medical devices tax will hit employers at 2.3 percent on their sales. So a company with $100 million in sales that turns a $10 million profit will fork over a brand new tax of $2.3 million just to cover the ObamaCare tab.

Many businesses that have 50 or more workers consider themselves (and run their operations as) small businesses. These businesses will now have to pay a penalty of $2,000 per worker if they do not offer healthcare coverage and have workers who access the exchanges. This penalty has nothing to do with affordability and everything to do with punishing businesses for something the government has decided businesses should be forced to provide. Worse, with new mandates like these, what incentive is there for a firm to grow any bigger than 50 employees when it means employers may face such stiff fines? This approach is the exact opposite of a recipe for incentivizing job growth.

A nearly $1 trillion bill that the president says “will not add one dime” to the deficit has to be paid for somehow and that means taxes. The President’s proposal includes even higher taxes and fees than the Senate bill, and they fall on small businesses, including a new $60 billion tax on health insurance, increased Medicare payroll taxes and a new Medicare tax on investments.

The new $60 billion tax on health insurance is an especially egregious tax, since it directly and specifically hits small businesses and individuals. Big businesses and unions were specifically exempted. The penalties of $2,000 per worker levied on small businesses with more than 50 workers who can’t afford to provide healthcare (and who have workers accessing the exchange) is another indirect tax, but a fee no less. Medicare payroll taxes will also be increased by .9 percent as well as a brand new 2.9 percent Medicare tax on non-wage income like dividends, interest and capital gains.