Tax Reform ATR believes that all consumed income should be taxed one time, at one low and flat rate. Link
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Groups who advocated for the IRS to prepare tax returns sure look foolish these days: http://t.co/oKvpIofu7Y
May 13, 2013 06:30 PM
taxreformer -
"We don't need the federal government mandating additional taxes..." -@MarshaBlackburn on MFA: http://t.co/lAuLJtr5t3 #NoNetTax
May 13, 2013 06:00 PM
taxreformer -
Health insurers and businesses are already feeling the iron-clad grip of regulations in #Obamacare: http://t.co/J6dfnKqFYZ
May 13, 2013 05:30 PM
taxreformer -
Virginia Governor Bob McDonnell Signs Largest Tax Hike in Virginia History into Law http://t.co/Qd6KOFfaPv
May 13, 2013 03:46 PM
taxreformer -
Under #Obamacare, mothers have had a tougher time purchasing non-prescription, over-the-counter medicine: http://t.co/dJuaGAT9LE
May 13, 2013 02:01 PM
taxreformer -
9 out of 20 #Obamacare tax hikes have not even been implemented yet: http://t.co/opFkyf1guJ
May 13, 2013 01:30 PM
taxreformer -
.@GroverNorquist on MFA: "[The Senate] didn't ask all of the questions that needed to be asked": http://t.co/wXfkIR2Ca9 #NoNetTax
May 13, 2013 01:01 PM
taxreformer -
"When architects of #Obamacare are worried about it creating a trainwreck, you know something's gone terribly wrong": http://t.co/J6dfnKqFYZ
May 13, 2013 12:30 PM
taxreformer -
Conservative and Free Market Groups Applaud Move to Delay a Vote on Gina McCarthy: http://t.co/lNQYmJAB12 #EPA
May 13, 2013 12:02 PM
taxreformer -
The #Obamacare train wreck will derail the American economy: http://t.co/opFkyf1guJ
May 13, 2013 11:30 AM
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Obamacare's Pizza Tax: Taxing an Even Larger Slice
Papa John's founder caused a stir this week with his comment that the Obamacare law would cause a "hike in pizza prices." Stirring thing is...he's right.
Papa John's founder John Schnatter caused a stir this week with his comment that the Obamacare law would cause a "hike in pizza prices." The most stirring thing about John Schnatter's statement is...that it's true. As a result of Obamacare employers such as John Schnatter will be forced to change their workforce strategy, which means increasing the costs of products offered to consumers as well as layoffs.
In a study recently released by Mercer, analysts surveyed 1,203 employers, 60% of which were preparing for an increase in cost as a direct result of Obamacare. Of employers hit the hardest by Obamacare, Mercer found the effects would primarily hit retail and hospitality employers who employ "the most part-time and low-paid employees."
To exemplify the effects Obamacare will have on employers:
- Beginning in 2014 employers will be required to extend coverage to all employees working 30+ hours per week or face possible penalties.
- A fourth of all survey respondents said they will have to take action to avoid...penalties.
- Retail/ wholesale employers...are more inclined to change their workforce strategy.
The Cost of Obamacare is not reserved to retail and hospitality:
| Retail and Hospitality | 46% |
| Health Care Services | 40% |
| Manufacturing | 33% |
| Financial Services | 32% |
| Transportation/ Communication/ Utility | 31% |
| Other Services | 29% |
| Government | 24% |
If legislative action is not taken, the effects of Obamacare will be widespread, hurting employers and potentially costing part-time and low-wage employees their jobs.
