Tuesday, February 11, 2014

Companies Not Allowed To Make Workforce Adjustments Under Latest Obamacare Rewrite Unless They Can Justify It To The IRS


Here' we see the government assumes the responsibility to approve or deny corporations ability to hire and fire workers.
Once again acting without Congress, President Obama has unilaterally changed his signature health insurance law, delaying its employer mandate – the second time he’s done this — to 2016, after the mid-term elections. 
BUT: To be eligible for the additional delay, the Obama administration says an employer “may not reduce the size of its workforce or the overall hours of service of its employees” unless it can justify those reductions to the Internal Revenue Service. 
The Affordable Care Act, as passed by Congress, says companies with more than 50 full-time-equivalent employees must provide “minimum essential coverage” starting on Jan. 1, 2014 or pay a fine. 
On Monday, the administration issued new regulations saying that employers with 50 to 99 workers don’t need to provide minimum essential coverage until 2016 – two years beyond what’s written in the law.
As you may already know, Obamacare also guarantees participating Insurance companies a profit on their policies, even if they write bad policies.

If the government guarantees profit and denies corporations the right to hire or fire without approval, then who is running the corporations?

Is this not an outright seizure of the means of production?

5 comments:

Unknown said...

Google 'Totalitarian regime'

I was the first to 'diagnose'

Pastorius said...

Yep.

I know.

Always On Watch said...

Is this not an outright seizure of the means of production?

It clearly is. But those who are still adherents of Obama's will never admit that such is the case.

Epaminondas said...

STRAIGHT of of Ayn Rand.

STRAIGHT.

10-289. Businesses may not fire workers, decrease pay, MOVE (Boeing anyone?) or GO OUT OF BUSINESS.

This last is the first time I really feel the IRS has to be abolished.

Flat tax, low end exemptions business and personal.

Pastorius said...

Hmm. I have never read Ayn Rand. Thanks for pointing that out, Epa.