Business Tax Index 2009
November 30th, 2008
Question: How many millions of jobs will be lost if Obama care passes?
What I’ve read is that if employers don’t provide health care to all employees, they will be an 8% tax imposed on them. Obviously many companies can’t afford either option.
http://money.cnn.com/2009/07/25/smallbusiness/small_business_health_care_reform.smb/index.htm?postversion=2009072510
“The most recent Congressional proposal, from the House of Representatives, would require any company with an annual payroll of $400,000 or more to offer health insurance to workers or pay a penalty totaling 8% of payroll costs.”
Answer: That all depends how quickly the private insurers go belly up. God bless.
Supervisors Eye Tax Hikes On Aircraft, Hybrids; State Cuts Could Hit Deputies, Courts Quickly
While continuing to assess the scale of service and personnel cuts that could be required as part of the FY11 budget deliberations, many supervisors are focusing on revenue-whether to increase some of the local taxes to offset real property tax declines and what impact the state's budget troubles will have on relied-upon money for localities.
Vince Stanzione Trading Global Financial Markets Miillionaire Trader Program 2009
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