Sunday, July 26, 2009

My response to the Government supporting bad decisions






Freeloaders

It frustrates me that many people do not pay any federal income tax but yet they get free health care, free child care, free housing, free food stamps, free access insurance and go to school and do not work. Why should the working class pay for people to go to college?

Throwing Money at Bad Decisions

The government throws money at groups of people and select business that made bad decisions. This obviously promotes laziness and "satisfaction with louzy decisions" and deters people from building a strong desire to do what is best and to work hard.


Work Hard and Strive Continuously

Perhaps it would be best to work hard regardless of what the government does and just hope that condition to run a business are improved with future elections. But eventually it may be more profitable to 'close up' and sit on a surfboard.

Health Care OR Employment






Health Care OR Employment

With the government creating new taxes for businesses that are the result of paying employees, companies will have 8% less money to employ people. Business will have to pay 8% more tax for each person they pay.

There is a funny thing about percents, you only get 100% of your money as the government creates new taxes that take small percents or big percents, each percent increase is a percent that cannot be ‘regained’. If a business had a profit that is less than 8% of the cost of their employees, then they will need to layoff employees or go out of business. If a business had a small profit margin because of competition, then the cost of goods will go up to compensate this tax increase.

This 8% tax increase will create the following problems:

  • employee salary decreases
  • price tags to consumers increases
  • employee layoffs
  • businesses failing if they cannot survive with less money and more taxes
  • with all of the above problems, the government will probably collect less ‘total taxes’ and will have more people with their "hand out" in the unemployment line in need of help
  • less jobs will be available since the cost of hiring someone has additional taxes tied to it beyond the social security tax, medicare tax, unemployment tax, job training tax, state income tax, federal income tax, and sales tax (on buying equipment)
Businesses have to pay more than just wages and taxes when hiring someone. Businesses need to pay for equipment and furniture and office space to equip the employee to work effectively. The tax burden just decreases the desire/benefit to hire someone. This decrease in desire/benefit reduces the number of people that are ultimately hired and employed.

Healh Care (TakeOver) Reform: Choice Removed and New 8% Business Tax and Video

As a business owner my taxes are going up because I employ other people. I can reduce my taxes by paying people less or by employing less people. Therefore the proposed health care takeover plan will decrease employment opportunities.

Creating a government run monopoly by forcably removing competition's ability to get new customers or create competitive/needed changes will run all current insurance companies out of business.

With this being a very important issue, why isn't there an outcry of people over this terrible idea.

What is the silverlining of this terrible bill: We have the freedom to vote for a new president and new congressmen that will remove these disasters by creating 'change for the better' and not 'change for the worse'.

Health Care Reform Bill (http://energycommerce.house.gov/Press_111/20090714/aahca.pdf) has (at least) 2 objectional pieces that I think should be exposed:

PAGE 16: Everyone currently paying for their insurance will be forced to use the government health care within a few years when Health Insurance Companies are forced out of business.

Page 16 starts out at saying that Insurance companies will not be able to get 'new customers' after the Health Care Reform Bill begins on Y1.

GRANDFATHERED HEALTH INSURANCE COVERAGE DEFINED.—Subject to the succeeding provisions of this section, for purposes of establishing acceptable coverage under this division, the term ‘‘grandfathered health insurance coverage’’ means individual health insurance coverage that is offered and in force and effect before the first day of Y1 if the following conditions are met: IN GENERAL.—Except as provided in this paragraph, the individual health insurance issuer offering such coverage does not enroll any individual in such coverage if the first effective date of coverage is on or after the first day of Y1...

Then Page 16 says that individuals will not be able to make changes to their insurance coverage. If they do, then they will be required to use the gov't health insurance plan.

LIMITATION ON CHANGES IN TERMS OR CONDITIONS.—Subject to paragraph (3) and except as required by law, the issuer does not change any of its terms or conditions, including benefits and cost-sharing, from those in effect as of the day before the first day of Y1.

Page 150. Businesses that pay a total salary of 400,000 or more will be forced to pay 8% of their employee's salary as a new federal tax to cover this health care.

In the case of any employer who is a small employer for any calendar year, subsection (a) shall be applied by substituting the applicable percentage determined in accordance with the following table for ‘‘8 percent’’: