This seems like the start of a long string of events that the government will pass laws without thinking it entirely through and require patchwork-amendments to fix mistakes. The alleged era of "change" is certain, yet Americans have yet to see any significance or affect in everything this Administration touches. The Democrats wish to find every possible way to tax, tax, tax business and consumers. Who in their sane mind would believe that this would be the correct way to generate aid towards the national deficit? There are some unbelievable creatures out there in Washington DC.
As I've said before, the more taxes and regulations government impedes American business, the more employers fire their employees, and the less they put into growth for themselves as a business and consumers. The more you tax consumers, the less likely they will invest in the economy such as home buying, stock market, the auto industry, tourism, even groceries. My only hope is that Americans continue to become more aware of what is going on with this Administration and a way to recover in the future before America suffers.
In a fellow colleague's blog, "Don't Forget to Bring Your Tea to the Party", the new health care reforms and taxes set by Obama's administration is discussed. First, the extra tax forms required of businesses in the United States is singled out and seems to be a major issue concerning the new universal health care. The author states, "this has nothing to do with health care and addressing the issue head on." Actually, if the facts are set straight, the extra tax forms have everything to do with the new health care reforms. These tax forms are required of companies so that the government can determine which businesses to tax and give certain waivers to others. These taxes are a means of raising the "$19 billion dollars in a decade" that will allow everyone to have access to a health care provider, get the treatment necessary in a timely manner that will prevent expensive long-term cost, and will help reduce wasteful spending across the system. Another part of the author's statement which I find troubling is that Obama is not addressing the issue head on. How might someone address the universal health care issue head on? In order to implement such a system, it takes years of planning and fund raising before the new reforms can actively be in place. Health Care Now for America states, "In the long run, reforming the system will bring down the cost of providing care and control future increases." My colleague also believes that this will not benefit the nation's economy. According to the Small Business Profiles for the States and Territories, small business drives the economy of America. These taxes and regulations that the government is "impeding on American business" actually does not affect small businesses severely.
ReplyDelete"Small businesses will benefit from these taxes and reforms. Small firms that sign up with one of the health exchanges to be created can receive a credit of up to 50% of their costs. Employers with 10 or fewer workers and average annual wages of less than $25,000 can receive a credit of up to 35% of their health premium costs each year through 2013."
Madeleine