In addition to that concern, I came across this article that reminded me that if people like this have their way, it will be a notorious complicated mess.
Citizens should decide, if they want healthcare or not.
To paraphrase the El Rushbo, ‘Nothing fails so miserably as government..’ and they continue to prove it every day. Departments like HUD, DOE, FEMA, etc, are a huge waste and beyond control in its present form.
British Citizen on HHS: "I would have to get better to die."
And if that isn’t a good enough example, there is always the VA.
As an employer, I am suspecting an additional 8 to 10% payroll tax to subsidize health insurance for employees.
In fact, I would expect somewhere in the range of $125.00 per week additional cost per employee, without gaining any increased productivity.
right now, with all the taxes and insurance added on, a theoretical employee has to produce just over $150.00 worth of production before I see one penny of profit. Add another $125.00 for insurance per week and that employee has to produce $875.00 per week before any profit is made for the employer.
After all, we hire employees to do work so we can add value to the work and derive a profit.
government confiscates the profit incentive. Why bother???
If employers have to provide health care insurance or pay into a fund mandated by government, I see a mass closing of small businesses. How does anyone expect to pass on an extra 10 to 20 percent in employee expenses without raising prices considerably and the inflation???
My business is taxed to the max now. Add workers comp, the 2nd biggest expense after payroll and it just isn’t worth it trying to play by the book.
Medicare is already bankrupt. The only reason they still cut the checks is that the federal government is underwriting the losses.
"Show me just what Mohammed brought that was new, and there you will find things only evil and inhuman, such as his command to spread by the sword the faith he preached." - Manuel II Palelologus