Businesses Hit Hard With Obamacare, Say Goodbye to Mom and Pop Stores
Posted on July 2, 2009
-By Warner Todd Huston
The most insidious part of Obamacare is the backdoor taxes, and defacto control of our healthcare by the nanny state that President Obama’s plan is loaded with. And here is another one that is not getting much play. Employers would be socked with requirements to pay for 72.5 percent of the cost of insurance premiums for their full-time employees under the plan being considered in the House.
They would also be required to pick up an as yet determined percentage of the insurance plans for part-time employees, as well. This alone will insure that part-time jobs across the nation are terminated for the destructive cost involved in having them.
Or, conversely, many full-time jobs will be eliminated if the costs of insurance is so steep and that of part-timers less so. Either way, jobs will be lost because of these new, never before seen expenses.
According to the draft legislation in the House, businesses would be required to pay the federal government a fine of 8 percent of their payroll if they do not offer a basic insurance package to their employees. The House bill has yet to determine how large a small business must be before they are forced into this requirement.
Let’s think about what this means, though. This new mandatory expenditure will greatly drive up the costs of business for small and medium sized businesses and force many of them to close up shop. They will not be able to compete with the larger corporations that will have the resources to offer insurance plans even for part-time workers.
This means the permanent elimination of mom-and-pop business nationwide and the proliferation of large, corporate held shops of all sorts. From the corner market and small book store to the local garage and sandwich shop, small businesses will be hounded out of business by overweening government mandates. This will naturally open the business to even more national chains of all sorts.
It seems to me that the same people that claim they want nationalized healthcare are the same sort that decry the giants like Wal-Mart. But here they are pushing an idea that will give them more Wal-Marts from sea to shining sea!
Seems a bit illogical of them, doesn’t it?
» Filed Under Anti-Capitalism, Communism, Constitution, Delusional Dupes and DUmmies, Democrats, Economy, Healthcare, Liberal World, Marxism, Nanny State, News, Protectionism, States Rights, Taxes, Totalitarianism, Unconstitutional, Welfare, liberalism
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2 Responses to “Businesses Hit Hard With Obamacare, Say Goodbye to Mom and Pop Stores”
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I suspect that if WalMart becomes unionized, Libs will suddenly start to love it.
It’s not surprising since the goal is to eliminate the private sector. Kill off the small firms first and then nationalize the big ones.