ObamaCare Small Business Taxes

Employers must insure 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 and @BusinessNewshole at Twitter.)