Wednesday, March 24, 2010
We Knew It Was In There
Here's the redistribution of wealth in Obamacare hidden in a Kiplinger's article about new tax changes. The changes basically amount to penalizing those who have good coverage and good habits (such as using a flex spending account) or those who don't want coverage, and giving breaks to companies who employ low-wage workers and the low-wage workers themselves.
How is taxing good medical coverage supposed to improve healthcare?
How is offering incentives to companies for employing low-wage workers supposed to encourage them to pay more? I.e. if my company gets tax credit if the average wage of my employees is under $25k, am I going to give raises if I can afford it?
The logic astounds me.
How is taxing good medical coverage supposed to improve healthcare?
How is offering incentives to companies for employing low-wage workers supposed to encourage them to pay more? I.e. if my company gets tax credit if the average wage of my employees is under $25k, am I going to give raises if I can afford it?
The logic astounds me.
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3 comments:
The logic astounds me.
Hey Fredo, there it is again: that silly word "logic."
More on the same at Hot Air: http://hotair.com/archives/2010/03/24/video-will-obamacare-drive-businesses-out-of-providing-health-insurance/
And, what is to prevent a company of 50 employees under $40k average from splitting into two companies? Or a company splitting into two to move all the low wage employees into one in order to bring the average wage down below $40k?