Obamacare: Do you own a business? Or work for one?

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Techmomof2
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Obamacare: Do you own a business? Or work for one?

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http://townhall.com/columnists/justinha ... /page/full

One reason businesses are spending so much time dealing with Obamacare regulations today is the 2015 tax year marks the first year many of the Affordable Care Act’s small business tax rules go into effect. The Associated Press (AP) reports new forms many small businesses must comply with are “labor-intensive” and costly:

“Starting this year, businesses required to comply with the health care law must complete forms that detail the cost of their coverage and the names and Social Security numbers of employees and their dependents,” reports AP. “The government will use the information to determine whether a company provided coverage that was affordable under the law, or whether it must pay a penalty.

“Accountants have described the forms as labor-intensive because they require information from a number of sources, including payroll and health insurance records,” AP reports. “Many companies have had to hire workers or payroll services to complete the forms.”

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The ACA has greatly harmed small businesses and individual Americans alike. Although the specific aspects of Obamacare that created these problems differ from one another, the underlying cause is the same: centralized, bureaucratic control of an absolutely massive and complex market. The ACA’s primary goal is to provide affordable health insurance for all Americans and to increase access to quality health care services, but imposing these goals on the health care industry has been an incredible failure. Costs continue to grow, prices are higher than they have ever been, and millions of Americans have been forced out of health insurance plans they enjoyed.
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