The Worst Tax Ever
As the colossal albatross that is Obamacare evolves, businesses who employ 100 or more people are potentially being saddled with the worst tax of all. Dick Morris points out that it is illegal for employers to help their employees with medical expenses unless they help everyone else in the company. If a an employer chooses not to insure any of his employees, he is levied a flat fine of $3,000 per head.
“On the other hand,” Morris says, “if you say I’m not giving you any health insurance, but then you say I’m going to give everybody, or a few people or very sick people, or anybody, like $5,000 or $10,000 to help with their medical expenses or to defray the cost of their premiums, that is illegal.” Dick explains the enormous fines that follow.
ARVE error: need id and provider
