Tuesday, March 20, 2012

ObamaCare and Small Business

By forcing every employer to insure its employees under ObamaCare, those who don’t offer coverage, will pay a penalty.

Labor is a major cost for most small, non-manufacturing businesses, The net, bottom line often does not exceed 5% or 10%. With an added health tax, many entrepreneurs who would love to insure employees when they want to attract them in a booming economy, will not be able to afford them.

Is this legislation for a recessionary economy in need of a genuine boost? (See the Earl J Weinreb NewsHole® comments.)

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