Small Businesses Face Big Bite
July 15th, 2009 at 09:14am Bob Trojan
If you are a small manufacturer and do not provide health insurance for you employees, you’ll get taxed under the current health plan being developed. See more here..  Tax
Manufacturing 2.0
Rock River Valley manufacturing experts discuss the many facets of manufacturing: technology, education, training, events, people and any other aspects of this important segment of our economy. They’ll use this blog to get the word out and solicit feedback on local and global manufacturing. They hope to better engage our employers, employees and our future work force and increase their understanding of manufacturing. |
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July 15th, 2009 at 09:14am Bob Trojan
If you are a small manufacturer and do not provide health insurance for you employees, you’ll get taxed under the current health plan being developed. See more here..  Tax
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2 Comments Add your own
1. Juice | July 15th, 2009 at 9:49 am
So what happens when all the wealth in America is redistributed, there are no small businesses or manufacturing, no jobs other than temporary government-paid-for overpriced Union jobs, and 15% are not working at all, not paying taxes, and not earning anything but just given a total free ride in every aspect of their lives? Everything will be made oversees other than defense hardware. That will probably be slashed next. Why do they feel so many deserve a free ride in this country? I pay my own health insurance, heat, etc. I don’t need a second bill. It is unbelieveable really.
2. jmrc | July 15th, 2009 at 10:30 am
Quite right, Juice. Considering that the U6 unemployment rate (which includes those who have exhausted their unemployment benefits) is already at 16% we will be looking at Great Depression numbers (25% +) after this passes. Just like Hoover and FDR our leaders are making hiring more expensive at the very time they should be making it cheaper. The results will be the same.
Expect to see a huge surge in people working as “independent contractors” rather than employees, as they do not count for payroll tax purposes. That is, for the jobs that don’t go overseas to countries that actually welcome businesses.
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