The Internal Revenue Service has invented a new regulation under ObamaCare that imposes a penalty to punish any small business who dares to help their employees purchase health insurance independent of government control. Paying or reimbursing any part of their employee’s premiums will now cost them $100 per employee per day – that’s $36,500 a year for each employee.
The penalty is more than 18 times greater than the $2,000 employer-mandate penalty for not providing qualifying health insurance for employees. And employers with fewer than 50 workers are not exempt, as they are from the employer-mandate penalty.
Kevin Kuhlman, policy director for the National Association of Independent Businesses says “It’s the biggest penalty no one is talking about. The penalty for compensating employees for healthcare-related expenses is enough to destroy most small businesses.”
Almost immediately Congressman Charles Boustany and Senator Charles Grassley introduced HR 2911 and S 1697 respectively to remedy the problem. But, if you think for one minute they’re looking out for the little guy, think again. They’re trying to cover their own butts.
In order to get out of the ObamaCare mandate [Section 1312(D)] that required them to purchase insurance from a ObamaCare exchange just like the peons, Congress declared themselves a small business so that they could purchase their coverage from the District of Columbia small-business exchange allowing themselves to ignore yet another ObamaCare Section (1512) and receive taxpayer subsidies.
In other words – 535 members of Congress along with 14,000 staffers snubbed their nose at American taxpayers forced into lousy health insurance coverage with outrageous deductibles by simply pretending they were a small business with less than 50 employees.
The penalty for lying on a ObamaCare application is $250,000 per infraction. That is what the peons would be expected to pay. If Congress were penalized in accordance to the law, taxpayers would be on the hook for almost $3.5 billion in fines per year, just so members of Congress and their staffers could evade the hardship they forced on the rest of the country.
And they wonder why taxpayers don’t trust them!
A bus load of politicians ran off the road and crashed into a tree in an old farmer’s field. The old farmer goes out to investigate. A few days later, the local sheriff came out looking for the missing politicos, saw the crashed bus, and asked the farmer where all the politicians had gone. “I buried ’em all… out back,” replied the farmer.” The sheriff asked “Were they ALL dead?”
The old farmer replied, “Well, some of them said they weren’t, but you know how them politicians lie.”