“Ive heard there are some size limitations. Keep the number of employees below the critical number (10 I think) and the garbage doesnt kick in.”
That might be an effective short term strategy, but they can always pass cardcheck and then maybe not even that will help.
I haven’t looked at the tax structure in either of the bills. But I did find a spot in Scary Reid’s amendment where employers can provide basic catatstrophic insurance plan and provide a voucher so employees can purchase a supplemental plan on their own if they need more than that. In that case, the payroll taxes will still have to be paid, but getting it down to the basics on the part of the employer might offset the total cost by not being involved in myriad of plans, choices, and administration of them that have been traditionally made on behalf of employees.
It’s hard to be optimistic in the face of such tyranny and arrogance on behalf of our political system. I can see this voucher thing as having a good chance of becoming the norm, and perhaps a silver lining to all of the other really bad stuff that comes with it.
Either way, this bill is very bad, jobs and businesses will be destroyed because of it and that is never something that should be forced nor celebrated by anyone.
The taxes kick in in 2010 but most companies have already made their plan changes. No time to plan or organize so I’m guessing we’ll get screwed. Big companies probably won’t be impacted all that much. I’ve already told my folks they should expect some changes.