Denny's charging 5% Obamacare surcharge!

[Free Thinker]

Quote from kmgilroy89:

Is that how it works? You said it was a $2000 penalty. Anyways, businesses shouldn't be paying any penalty. Plenty of businesses will layoff their workers, despite your economic model. Time will tell which one of us is right, but I expect massive underemployment of the poor, who this is intended to help.

maybe this will help you understand:

http://www.businessinsider.com/how-much-is-the-obamacare-penalty-tax-2012-7

 

[Scataphagos]

Quote from kmgilroy89:

"...Time will tell which one of us is right, but I expect massive underemployment of the poor...

Of course. That's because Obamacare isn't intended to HELP anybody (except the Democrat politicos). DEMS DON'T CARE ABOUT EMPLOYMENT... THEY CARE ABOUT CONTROL OF THE HOI POLLOI AND THEREFORE THEIR VOTE.

 

[kmgilroy89]

Quote from Free Thinker:

maybe this will help you understand:

http://www.businessinsider.com/how-much-is-the-obamacare-penalty-tax-2012-7

That doesn't talk about the penalty on employers.

 

[Lucrum]

Quote from kmgilroy89:

No, employers will cut employees hours if they can cut overall cost and get the same production. They'll find someone else to work 12 hours a week to avoid the Obamacare cost. In this economy, employees do not have the upper hand in negotiations. Denny's will fire one employee and hire 2 part time employees if they want.

Exactly. Economics 101

 

[Scataphagos]

Quote from kmgilroy89:

"... In this economy, employees do not have the upper hand in negotiations.

Of course. The only time employees have "the upper hand" is when there is no competition and the union can hold the employer hostage/extort him for higher wages.

The only place employees have any real leverage is where required employee skills are VERY high and there is no replacement capacity... like pro sports teams.

The WORLD is awash in excess labor capacity. In the general economy, employees should never have any real leverage again.

Economics 101.

 

[denner]

It's very entertaining watching Gilroy absolutely mop the floor with this coward Free Thinker.

 

[Ricter]

Quote from Scataphagos:



The WORLD is awash in excess labor capacity. In the general economy, employees should never have any real leverage again.

And yet according to you they should just, "get a damn job".

 

[Free Thinker]

Quote from kmgilroy89:

That doesn't talk about the penalty on employers.

i was off on that. the employer mandate is a straight $2000. still cheap for the employer to get a benefit usefull to his employees.

Penalties For Failure To Insure

For firms which do not offer insurance any insurance, have more than 50 employees, and have at least one employee receiving insurance subsidies, they must pay a tax of $2000 per subsidized employee. The tax is applied to all of a firm’s employees (after excluding the first 30), not just those that are subsidized. For example a firm with 51 employees would pay $42,000 in new annual taxes, and an additional $2,000 tax for every new hire.

 

[nutmeg]

and an additional $2,000 tax for every new hire.

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You know what I see happening here? Pay for a job. You want to work here, cough up 2k and you're hired. Why I'll even lend you the money and you can pay over 52 weeks.

 

[Scataphagos]

Quote from nutmeg:

and an additional $2,000 tax for every new hire.

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You know what I see happening here? Pay for a job. You want to work here, cough up 2k and you're hired. Why I'll even lend you the money and you can pay over 52 weeks.

Not just "$2,000" for the hire, but "$2,000 every year"?