Quoting: Anonymous Coward 27449896
Fucking god damn shills. Quoting: Anonymous Coward 27446380
First, he's exempt on the first 30 employees IF he even has more than 50 workers. You state it will cost him $110,000 in fines. You lie. The total fine would be $67,500 based on 57 workers. A whopping $20 per week per employee.
Second, he's a loser if he has more than 50 employees and is only profiting $2k-$3k per worker.
Third, there's many tax breaks for small businesses that provide health care as any legit CPA would tell you.
Fourth, prices are going up and if he isn't raising prices, then that's his fault for not keeping up with the republican controlled federal reserve monetary policy of destroying the US dollar.
Fifth, no competently-run company that provides a useful service will be going out of business.
Sixth, your story is complete bullshit and full of inaccuracies.
Seventh, I hope a semi crashes into you head on.
someones got a brain ^^ this is a made up story...you suckers will believe anything.
The story is entirely plausible. It's interesting that this post not only clearly divides liberals from conservatives, it also clearly divides people who understand business from those who don't.
It's blatantly obvious that the owner of a business would have consulted accountants and lawyers before coming to the conclusions stated in the OP, so that shoots down those points.
Trying to judge the company's performance based on net profit per employee is ridiculous. You need to know other aspects of the business's P&L and overall business plan, as well as details about their target market to make any sort of accurate assessment, so that point is gone.
Competently-run businesses that provide useful services go out of business all the time due to external factors. Literally tens of thousands of businesses have said they will downsize, relocate or close because of Obamacare, and the press ran articles about a rash of company sales over the summer in anticipation of an Obama win. That point is wishful thinking that flies in the face of all the evidence, so that's done.
Finally, the Federal Reserve was instituted by Wilson (Democrat/Progressive/Socialist) and has been overseen by a Democrat-controlled Congress for 5 years. We are now in a mode of perpetual QE to the tune of $40 billion/month and I don't remember any Republican Congressman, let alone any other party, from voting for that.
Perhaps he has a brain, but using it to keep his ears from meeting in the middle is an option he should consider.
The chickens of Obamacare are coming home to roost. Funny how liberals liked that concept when Jeremiah Wright used it to hate on America, but can't stand it when confronted with the consequences of their own idiotic notions.
You voted for this. Suck it up.