What we have here is another example of the continuing revelation of the ill effects of Obamataxcare. http://washingtonexaminer.com/franchisors-warn-obamacare-will-halve-profits/article/2507920#.UFI7YUJibk0 So here we have an employer with 23 stores and 421 employees. I'm sure he didn't built this business and his emplyees owe gratitude to the Obama & the US fed government for their jobs, but folks, if Barr has far less to invest in new business he will also be hiring far fewer employees. Get it? Face it boys and girls, even after two major fed pumps and a trillion dollar stimulus, there is a reason employers are not expanding and hiring and it ain't rep obstructionism.
All of America knows that the UNaffordable Care Act is bad, don't worry man. We taking The White House back in November and giving Chicago back their Communist- Err... Community Organizer.
Less profits are one way to cope with the obvious added expenses of Obamacare. However, there are a couple of other ways to deal with the additional costs which are going to occur. A business can stop hiring, begin to lay off employees, or only hire workers part-time to avoid the 30 hour a week threshold. A business can raise prices, which will lessen demand, so an employee can more readily shed employees without taxing the remaining staff too much. Finally, the company can close its doors, retire, and the hell with a country and a president who is making prosperity some sort of insult. I personally am cutting staff. Sad, but cash flow must be positive for a business to survive.
Pretty funny that someone would read that - an employer providing health insurance for only 81 of his 109 full time employees - and think that was OK. If anything, it demonstrates exactly why the ACA is needed.
That is fine, that means a multi millionaire will only profit by one million next year instead of two million, because he has to pay for the health care of his employees.
Then they are running bad businesses, that are inefficient, and deserve to get closed, by Obama care.
Allowances are made for those businesses. That's why the bill has like 8 million pages. Costco can compete in a highly competitive low margin business environment and still provide their employees with top notch benefits. I guess its a matter of priorities.
Awwww, a good conservative. The working poor can always work harder and make a little less, right? They should just be dang grateful for what their boss trickles on them.
Let the layoffs begin! It's time to start firing. Fortunately, I will not be laying off any of my staff. I will however likely be dropping health insurance for all employees and just pay the fine.
Hmmm... 1994 - Started working at Arby's at 5.65/hr. 1996 - Took on 3 jobs my senior summer year and saved $4000. -got married- 1997 - Put down $3000 on my own car and started delivering pizzas while going to school. 2000 - Got a job at ATT and stayed working at delivering pizzas, clearing $40k. -had second kid- 2006 - Went back to school to get a technical degree 2007 - Started IT job making $50k. 2009 - Started new IT job making $80k. 2011 - Started stock market and forex trading, clearing +$2000k month, while still in IT job. Yep. Work harder.
Hey whatever works, as long as the tax man cometh for his money, if Democrats don't spread welfare by making business pay for the universal health care, the fines and penalties that the Chief Supreme court justice man said are okay, will go straight to pay for our welfare spending deficit. We win either way, submit to the collective.
Funny they didn't offer up what Mr. Barr's annual income is or his net worth. And he wasn't complaining that he would be put out of business - he was complaining that he would make less. The increase in total private-sector wages, adjusted for inflation, from the start of 2001 has fallen far short of any 10-year period since World War II. ....... In 1962, the top 1% had 125 times the net worth of the median household. That shot up to 288 times by 2010, according to a new report by the left-leaning Economic Policy Institute. ....... By “lost decade,” the report means that real median income for working-age families has dropped to $63,000 in 2010, down from $69,233 in 2000. This is during the same time period in which overall economic productivity has continued to rise steadily. The report warns of another lost decade, if unemployment continues to stay at high levels. As for wealth disparity, the report shows that real annual household income for the top 1% in income has risen 240% since 1979, and has skyrocketed the past decade. For the bottom 20% in income, their real annual household income has risen only 11% since 1979. I'm going to guess that KFC workers are closer to the bottom 20% in income.
You didn't build that. Someone else made that happen. So (*)(*)(*)(*)et just give everything you earn to a lazy-ass leech who is sitting at home because they don't feel like working.
I'm trying to see where the argument is that a full time employee shouldn't receive healthcare benefits....can't find it.
Huh...you don't pay attention so good. The employer provides HC benefits to fewer than half of his full time employees. FULL TIME EMPLOYEES. And he's whining that he'll make less. When there wasn't any ACA those FULL TIME EMPLOYEES without HC insurance would go to the ER for some very expensive healthcare service and those costs were often times then passed on to us in the form of higher insurance premiums. So this wonderful, extremely wealthy man was simply passing off his responsibility to the rest of us taxpayers. And you're good with that?
And for SIX YEARS you gambled with taxpayer money that NOT you or your wife or your child would need medical care, or, if they did, the taxpayers would cover it! Just because YOU won the GAMBLE, the taxpayers pay for ALL the losers!
I had state, not federal, covered and sponsored medical. Sooner care. It is funded through Medicaid. I pay for this now through taxes, like everyone else who wants to work for a living.
The USUAL pack of lies from Obama-haters who like to LIE! There ARE NO higher premiums because of pre-existing conditions, his Rates WILL NOT rise! If he offers insurance and the workers don't take it from HIM, then the workers will have to pay a penalty, unless they are low income enough to be subsidized. Either way, this employer's workers will have health insurance and the employer will be BETTER OFF! And if Mr. Taco Bell here CAN'T survive being a responsible employer, well, we will just have to go to the fast food restaurants that DO offer their employees health insurance and seem to do JUST FINE, like IN n' OUT Burger, which is better ANYWAY! These pathetic liars who can't handle math OR the competition need to get out of here so American can become a better place!
Yeah, you have to love this line. Complaining that these people won't pay the $995/year.......because he doesn't pay them - full time employees mind you - enough to afford even THAT! What a POS.