-By Warner Todd Huston
The most insidious part of Obamacare is the backdoor taxes, and defacto control of our healthcare by the nanny state that President Obama’s plan is loaded with. And here is another one that is not getting much play. Employers would be socked with requirements to pay for 72.5 percent of the cost of insurance premiums for their full-time employees under the plan being considered in the House.
They would also be required to pick up an as yet undetermined percentage of the insurance plans for part-time employees, as well. This alone will insure that part-time jobs across the nation are terminated for the destructive cost involved in having them.
Or, conversely, many full-time jobs will be eliminated if the costs of insurance is so steep and that of part-timers less so. Either way, jobs will be lost because of these new, never before seen expenses.
According to the draft legislation in the House, businesses would be required to pay the federal government a fine of 8 percent of their payroll if they do not offer a basic insurance package to their employees. The House bill has yet to determine how large a small business must be before they are forced into this requirement.
Let’s think about what this means, though. This new mandatory expenditure will greatly drive up the costs of business for small and medium sized businesses and force many of them to close up shop. They will not be able to compete with the larger corporations that will have the resources to offer insurance plans even for part-time workers.
This means the permanent elimination of mom-and-pop business nationwide and the proliferation of large, corporate held shops of all sorts. From the corner market and small book store to the local garage and sandwich shop, small businesses will be hounded out of business by overweening government mandates. This will naturally open the business to even more national chains of all sorts.
It seems to me that the self-same people that claim they want nationalized healthcare are the same sort that decry the giants like WalMart. But here they are pushing an idea that will give them more WalMats from sea to shining sea!
Seems a bit illogical of them, doesn’t it?
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Warner Todd Huston is a Chicago based freelance writer, has been writing opinion editorials and social criticism since early 2001 and is featured on many websites such as newsbusters.org, RedState.com, Human Events Magazine, AmericanDailyReview.com, townhall.com, New Media Journal, Men’s News Daily and the New Media Alliance among many, many others. Additionally, he has been a frequent guest on talk-radio programs to discuss his opinion editorials and current events and is currently the co-host of “Life, Liberty, and the Pursuit of Conservatism” heard on BlogTalkRadio. He has also written for several history magazines and appears in the new book “Americans on Politics, Policy and Pop Culture” which can be purchased on amazon.com. He is also the owner and operator of publiusforum.com. Feel free to contact him with any comments or questions : EMAIL Warner Todd Huston
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A business must plan to spend X amount of dollars for their labor. Normally this plan includes at least a bit of profit. Depending on business one year may see a bit more profit, another year a bit of loss. In the middle are expenses of which labor normally takes the biggest chunk.
The way I see this GOVERNMENT is planning on mandating that business put a bigger chunk of CHANGE into the soon to be GOVERNMENT controlled health industry.
Raising the prices of goods can only go so far before buyers go elsewhere or do without. With raising prices the ultimate consumer of those goods and services pays the GOVERNMENT controlled health industry.
These moneys must come from somewhere and even for a very, very low profit margin the only place I can see it coming from is salaries. That is until Government absolutely controls those too through their raising of minimum wages and perhaps someday putting caps on peoples take home checks.