Pizza Tax: Taxing an Even Larger Slice
DizziNY
2012/08/17 18:51:44
In a study recently released by Mercer, analysts surveyed 1,203 employers, 60% of which were preparing for an increase in cost as a direct result of Obamacare. Of employers hit the hardest by Obamacare, Mercer found the effects would primarily hit retail and hospitality employers who employ "the most part-time and low-paid employees."
To exemplify the effects Obamacare will have on employers:
- Beginning in 2014 employers will be required to extend coverage to all employees working 30+ hours per week or face possible penalties.
- A fourth of all survey respondents said they will have to take action to avoid...penalties.
- Retail/ wholesale employers...are more inclined to change their workforce strategy.
The Cost of Obamacare is not reserved to retail and hospitality:
| Retail and Hospitality | 46% |
| Health Care Services | 40% |
| Manufacturing | 33% |
| Financial Services | 32% &nbs... |
| Transportation/ Communication/ Utility | 31% |
| Other Services | 29% |
| Government | 24% |
Read More: http://atr.org/obamacares-pizza-tax-taxing-even-la...
WTF?