Fox Butterfield on the ObamaTax
Here’s a mild example directly related to the train-wreck:
The folks at IBD do get it right when they note that many “modest-wage” employers will be among the hardest hit. Of course, it’s their employees who will be the worse for wear, since they’ll be forced to buy insurance (often unsubsidized) at rates that are far higher than even today.
And it’s getting worse:
“Total benefits in service occupations shrank 0.3% in Q1, the first decline in data going back to 2002.“
Ooops.
2013-05-02 09:58:09
Source: http://insureblog.blogspot.com/2013/05/fox-butterfield-on-obamatax.html
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