President Barack Obama says passage of his health care proposals would create new jobs by making small business startups more affordable.
Frankly, he is out of his mind! Small businesses will be destroyed by Obamacare! The non-tax "tax" on small businesses and individuals will severely damage many businesses!
He is just talking out of both sides of his mouth and lying to America again! This guy is amazing! He thinks if he keeps telling the same lies that eventually people will believe him.
Newsflash, Mr. President: America is onto you and we don't want your horrible health care plan.
A Heritage report found these stats on Obamacare:
The mandates will cost businesses at least $49 billion per year.
Another 10.2 million workers would be at risk of slower wage growth and cuts in other benefits.
The mandate will cause 9 million mostly low-wage and part-time workers to lose their employment-based health insurance.
Human Events reported this back in August:
If Obamacare were a prescription drug, ads for it would say: “Use with extreme caution. Side effects include regulatory headaches, irritated taxpayers, and swollen unemployment.”
That’s right. Serious studies indicate that Obamacare would kill millions of jobs. With 9.4 percent unemployment, this is hardly the time to foul the labor market even further.
The culprit is Obamacare’s proposed tax burden on employers with payrolls exceeding $250,000.
*Section 313 of H.R. 3200, House Democrats’ key bill, concocts a tax of up to 8 percent on the total payrolls of employers who do not give their workers health insurance. This tax would apply to employers who do provide insurance, albeit not plans “qualified” by the new Health Choices Commissioner. Employers would be taxed on personnel who refuse company coverage in favor of their spouses’ policies. Otherwise-generous employers who grant insurance would suffer this tax hike if they paid anything less than 65 percent of premiums for family plans and 72.5 percent for individual coverage.
*Section 1802 empowers the Health and Human Services Secretary to slap a new, still-undetermined tax on every health plan in order to finance a new Comparative Effectiveness Research Trust Fund.
*Section 441 imposes surcharges of 1 percent to 5.4 percent on high-income individuals. Many of these “greedy rich people” are employers who will have less cash available to pay employees.
These and the bill’s other taxes create a $583 billion disincentive to hire people and an equally valuable inducement to distribute pink slips.
Obama Care will cost workers jobs
Obamacare will kill jobs, studies say; Bill's taxes create a disincentive for employers to hire and keep people.