Skip to comments.Obamacare taxes to hit almost all Americans
Posted on 07/03/2012 2:11:54 PM PDT by usalady
In spite of denials by Democrats and the Obama administration millions of Americans will begin feeling the impact of new Obamacare taxes on January 1, 2013.
(Excerpt) Read more at examiner.com ...
So it’s ‘Hit’ or be Hit eh?
The only people that will pay are those who earn. Kind of excludes a lot of Obama supporters.
Putting the tax issue aside for a moment, we should not lose sight of the suppression of job creation due to the expenses added to employers. This “sword of Damocles” is contributing to our current economic malaise today!
It’s absolutely fascinating that you never participate on the
forum. You just post your own poorly-written material from the
filthy & disease-laden Examiner blog, hoping for a few hits:
Isn’t that interesting? Have you anything to say about that?
Yes, what businessman would decide to expand if it takes him over the 50 employee mark? It would have to be a damned profitable expansion to cover the penalties.
Thought this post seemed oddly excerpted.
In broad brush terms, here’s what I expect if ObamaCare is implemented:
1. As people find they are already paying for a Cadillac medical plan, they will use far more of the now “free” medical services. Instead of self-diagnosing and self-medicating for trivial problems, we’ll run to the doctor for every kid with the sniffles. Why not let Obama’s stash of money buy our medicine instead of paying our own money for over the counter medicines? Total medical costs will rise very rapidly.
2. As medical researchers recognize the writing on the wall, many will shift funds out of human medical research to veterinary medical or to another field of chemistry or engineering, and medical research progress will slow dramatically.
3. Those top high school and college students who used to choose pre-med studies will think twice about going into a career where they will have an army of government bean counters second guessing them and setting rates for them. They’ll become engineers, lawyers (as if we needed more smart lawyers!), businessmen, or anything except doctors. The new generation of doctors will not be as smart or as hard working as the ones we are used to.
4. Older doctors will retire - not all of them but more than without ObamaCare.
5. Employers will cut back employees who are not worth their salary plus the increased cost of medical insurance with ObamaCare, and many will cut to below 50 employees or at least avoid hiring to go above 50 and be subject to this terribly punitive law. Further, they will show a huge preference for elderly hires who already have their medical care covered. Young workers and those just starting a family, who are expensive to cover, will have to look long and hard to find a private sector job.
In other words, we’ll have more people going to fewer, less-capable doctors. In five years, a routine medical appointment will have all the charm of a routine visit to the IRS or the Department of Motor Vehicles. There will be a lot of other effects, but I can’t imagine a single net positive effect of ObamaCare.
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.