Comment: If you’re a small employer and dare to try to help your employees with their health care–but without providing full-on over-priced Obamacare–under a rule the IRS arbitrarily made up (and which is nowhere in the law), the federal government has announced that it will WIPE. YOU. OUT. Tyranny.
“Employers with fewer than 50 employees were promised a break by not having to provide group health insurance under the Affordable Care Act.”
“But now the IRS has served notice that under the rule that has been in effect since July 1 such employers are subject to $100 per worker per day excise tax if they help their employees with their health-care costs.”
“That could amount to a staggering $36,500 per worker annual tax.”
“We were told over and over during the Obamacare discussions that if you had less than 50 employees there’s no requirement to provide coverage, so you don’t have to worry about any cost factor,” said Ron Aldridge, Mississippi director for the National Federation of Independent Businesses.“
IRS drops a bomb on small employers
Posted by: Jack Weatherly August 13, 2015