Tuesday, November 27, 2012

ObamaTax Job Killer

As we've previously noted (most recently here), the ObamaTax is quite the efficient job killer.

Orlando Health (FL) is a large hospital system employing some 16,000 folks.

Strike that.

Orlando Health (FL) is a large hospital system which used to employ 16,000 folks, but which has just downsized 400 of them in anticipation of changes being wrought by the ObamaTax.

Meanwhile, the Community College of Allegheny County (PA) is drastically reducing the hours of 400 employees of its own. These adjunct professors will be re-classified as part-time to avoid the ObamaTax Employer Mandate. But of course they'll be able to find quality, affordable coverage of their own through the Exchange.



And speaking of killing the goose that lays the golden eggs jobs, here's an ObamaTax "benefit" that's been flying under the radar:

"Section 4205, the menu labeling provision .... meant to “aid consumers in selecting more healthful diets” ... the regulation will likely have job-killing effects and result in little, if any, significant reductions in obesity rates and/or improved health."

The problem is that, as benign as the idea might appear, it is just one more unfunded (by gummint) mandate that will drive up the cost of doing (food) business, with no discernible positive effects, but with the very real consequence that employers will have to pay for implementation at the cost of their employees' jobs.

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