>Watch Out For Higher Business Taxes

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I am printing an important article from Patriot Update News.

I don’t think most Americans understand the magnitude of the tax load ObamaCare is placing on American businesses. It’s enough to want to pack up and leave the country and find friendlier confines. You see, America already had the highest corporate or business taxes of any nation on earth. Now the taxes and bureaucratic paperwork burden is magnified many times over. 

And Obama and his socialistic regime have the guts to wonder why we have high unemployment or why U.S. companies are escaping to other countries? The American Inflation Association (AIA) has reported that it is not the unions or the competition that creates the high American tax loads, it’s the bureaucracy, the added paperwork, the multitude of regulations this communistic-like Washington administration has put into play. 

Not just them, but Republican and Democrat Congresses. 

The AIA said the cost of doing business is only increased less than five percent by unions. The bulk of the problem lies with regulations. When Obama came to power he hired 200 lawyers to do nothing but write bills favorable to his getting re-elected time after time – he wants to be FDR and even regulate out of existence term limits for him. Unless Congress stiff arms him and refuses to do business with this man, it will come under his power and Mitt Romney and Tim Palenty will have no chance of getting elected. 

We must eliminate ObamaCare. There are too many added taxes that will effect unemployment for us to compromise with this insane Democrat liberal. To do so would mean the end of the Tea Parties in America. At least the end of these recent inductees into Congress who ran on a platform of small government, reducing or eliminating taxes in certain areas, and in getting rid of ObamaCare. It’s dynamite ready to blow. We must get rid of it now because the longer this blight is allowed to exist, the more difficult it will be to wipe it off the globe.  Don White

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Comprehensive List of Tax Hikes in Obamacare

January 14, 2011

Next week, the U.S. House of Representatives will be voting on an historic repeal of the Obamacare law.  While there are many reasons to oppose this flawed government health insurance law, it is important to remember that Obamacare is also one of the largest tax increases in American history.  Below is a comprehensive list of the two dozen new or higher taxes that pay for Obamcare’s expansion of government spending and interference between doctors and patients.

Employer Mandate Tax(Jan 2014):  If an employer does not offer health coverage, and at least one employee qualifies for a health tax credit, the employer must pay an additional non-deductible tax of $2000 for all full-time employees.  This provision applies to all employers with 50 or more employees. If any employee actually receives coverage through the exchange, the penalty on the employer for that employee rises to $3000. If the employer requires a waiting period to enroll in coverage of 30-60 days, there is a $400 tax per employee ($600 if the period is 60 days or longer).

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