You will pay for health insurance, and you will like it!
IRS declares war on employers
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The IRS is officially at war with American employers over ObamaCare. The agency has now issued a regulatory rule designed to prevent businesses from changing their hiring practices to avoid ObamaCare’s requirements for paying employee health insurance.
The bill Congress passed, and Obama signed, is bad enough. Now the executive branch is changing the rules of the game unilaterally to keep employers from avoiding ObamaCare’s crushing costs.
According to ObamaCare, if you have 50 full-time employees, you have to have an employer-paid health care plan. Some businesses are trying to avoid the costs by maintaining fewer than 50 full-time employees. That’s what the law says they can do.
But the IRS has other ideas. In the new rule just proposed, the IRS will count two part-time employees as one full-time equivalent for the purpose of enforcing the rule. So if you have 40 full-time employees and 20 part-time employees, as far as the IRS is concerned you have 50 full-timers and you are required to buy them health insurance or pay the ObamaCare fine.
This is just the latest example of the executive branch under Obama acting unilaterally to do what it wants, regardless of what Congress actually authorizes.
We’ve already told you that ObamaCare will cost people jobs, and it’s started happening as employers cut employees’ hours back to keep them part-time. Now that the IRS is going to count every part-timer as half a full-timer, what do you think that’s going to do? Exactly! These people are going to be refused employment altogether!
Companies are not in business to pay for health care. They are in business to make a profit. Obama doesn’t understand this, but we do because we are not stupid!