Help A Worker, Owe IRS a $36,500 Penalty, Each

Comment: Your new master, the IRS, has decided there’s a penalty for trying to help your workers with their over-priced unaffordable Obamacare exchange insurance–$100 per person per day, $36,500 per year.

“WASHINGTON — Many employers had thought they could shift health costs to the government by sending their employees to a health insurance exchange with a tax-free contribution of cash to help pay premiums, but the Obama administration has squelched the idea in a new ruling. Such arrangements do not satisfy the health care law, the administration said, and employers may be subject to a tax penalty of $100 a day — or $36,500 a year — for each employee who goes into the individual marketplace.”

Comment: Hey Trader Joe’s, you listenin’?

I.R.S. Bars Employers From Dumping Workers Into Health Exchanges
The New York Times, By ROBERT PEAR, MAY 25, 2014

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