Obamacare is
a plan for health care reform that will destroy America as a nation of full time
employment. We already see the handwriting on the wall.
More
Americans will be reduced to Part Time employment.
American
business ingenuity has found away around Obamacare, In advance of the
Government mandate that all “Full” time employees are to be provided insurance
by their employers, employers are downgrading their employees to part time,
meaning an employee who worked 40 hours previously will now work approximately
30 hours per week. Can they survive on twenty-five (25%) percent less take home
pay?
Will the
economy survive?
This Reporter
did a random survey and found the following; companies that employ 30 or more
workers may only have two (2) full time employees, the remainder are part time…
Companies are
more reluctant to hire individuals that come from lower income backgrounds
because of the Insurance exchange requirements.
American
Businesses that will hire are generally right around Minimum wage!
The fault
line with Obamacare
Obamacare is
like a fault-zone primed and ready to devastate America.
Obamacare’s
inherent weakness is the legislature’s lack of insight. It is one thing to pass
a law, but it is foolhardiness not to carefully consider the ramifications of
its enactment. That is what our congress failed to do…
Obamacare is a national failure even
before it is fully enacted. First it eviscerates Medicare and Medicaid, both
successful programs that were enacted in 1965… Obamacare: (i) Reduces funding
for Medicare Advantage policies: $132 billion; (ii) Reduces Medicare home
health care payments: $40 billion; and (iii) Reduces certain Medicare
hospital payments: $22 billion;
It further
provides a 10% sales tax on indoor tanning. But how is this even lawful? The interstate commerce clause of the
U.S. Constitution has long been recognized as a complete bar to the taxation of retail sales in the fifty states by
the federal government. The interstate
commerce clause allows for taxation by the federal government of the first sale at the wholesale level
after interstate transport occurs, but effectively forbids the taxation of
general retail sales by the federal government. A Tanning salon is not
involved in interstate activity and the Federal Taxing power can not reach it…but
why are the various attorneys general of the states not addressing this
invasion of their own taxing power?
In this
last item the Federal Government lays a direct tax on an intrastate business; without
lawful or constitutional authority. The power to tax comes from the Interstate
commerce clause of the Constitution, an intrastate business does not fall under
this umbrella unless as the US Supreme Court has held such intrastate business
impacts commerce…but tanning salons don’t!
The
second Federal Authority to tax attaches to our incomes it comes from the
sixteenth Amendment…a sales tax on an American Business does not fall under
this taxing authority either.
Obamacare
increases the tax burden on Americans who work Full time
The
employee ultimately pays a tax on any benefit the employer provides, for
example; Employers must disclose the value of the benefits they provided
beginning in 2012 for each employee's health insurance coverage on the
employee's annual Form W-2 that means a higher tax burden for employees who are
considered full time and receive this benefit, a portion of the benefit will be
paid to the Federal Government in the form of a higher tax obligation.
Hospitals
will lose income
The
Centers for Medicare & Medicaid Services (CMS) will begin the “Readmissions
Reduction Program”, which requires CMS to reduce payments to IPPS hospitals
with excess readmissions. So it is now more advisable to remain in a hospital
rather then to be readmitted later… hospitals will forfeit more than $280
million in Medicare funds, over readmissions. What may occur is the Hospital
may consider rejecting a separate occurrence for such events as kidney stones. Yes
this is anticipated to save the government money, but at what cost?
Medicare
Part “D” (Drug Coverage) will be cancelled
By 2020
part “D” of Medicare will be phased out and discontinued.
Obamacare
will leave 30 million Americans without coverage.
Obamacare is
only estimated to add about 17 million American to the insurance rolls but at
what cost? The Individual Mandate remains a tortured misapplication of
Constitutional law and has raised serious questions regarding our own Supreme
Court as the last arbitrator
The 5-4 Supreme
Court decision was rather sorrowful. It is unprecedented for the Federal
government to exercise authority to fine someone outside of regulated fields
for their failure to act in a prescribed fashion. And, in fact, the Federal
government has no such authority. In order to find the individual mandate
Constitutional, the Supreme Court engaged in the very twisted logic of
interpreting those fines as being taxes, and the ability to levy them as an
extension of the government's taxing authority. A fine and a Tax are not
interchangeable authority. A fine is a penalty; a tax is a revenue raising
measure.
Obamacare is
a failure in every regard but one…it provides a benefit to the insurance
carrier in the way of added consumer participation and premiums.