Papa John's and Obamacare

[level.eleven]

No, not good - it is just not as simple as people make it out to be.

I would not expect everyone to understand my point, because in the minds of most people it has to be either completely negative or positive - and complicated things are not always a result of the simple explanation people hold up when pointing the finger of blame.

Without the ACA the companies that are laying off employees would not be on solid ground. Companies that were on solid ground before the ACA - are not firing employees as a result of the legislation.

Some positions will pay less... some will pay roughly the same... some will increase (not attributed to the ACA) ....some people will gain benefits that they did not have previously....

The cries that the sky is falling, and blame being attributed to the ACA for every price increase and layoff is in many cases an exaggeration.

In many instances, the ACA is being used to justify layoffs and price increases that are not at all attributed to the legislation - because many business owners know that it is an unpopular piece of legislation, and that people will buy it. Couple that with the extreme fallout of butthurt after an unpopular incumbent president wins a second term, and the resulting frenzy of blame occurs.

I don't want to hear ACA blamed for every normal market fluctuation for 4 years.

 

[actaeon277]

You're right.
I give up.
.
Here's to the ACA.
And you're own free will.
Government without limit.
Living the dream.

 

[PistolBob]

To All,

Small businesses will not have to lay off a single person, not one.

I was speaking to my accountant last year and while he hates Obamacare the talking heads are not looking at the easy get arounds just so they can continue to bash the program.

Let us suppose that a small lawncare business owner has 75 employees. The extreme conservatives want to illustrate this as a two (2) choices only option. EITHER lay off 26 employees OR suffer horribly by buying health insurance.

WRONG! All that happens is Mr. Lawncare Owner now forms two (2) corporations! One has 40 employees that serves commercial accounts and one has 35 employees that serves residential accounts. Of course there may be some overlap but big deal. So now you have no change to the health insurance issue and no lost jobs.

If you Mr. Lawncare grows he just forms another company that may lease and/or share equipment with the other preexisting companies. Does this cause a headache? Yes. Is it annoying? Yes. Is it inefficient? Yes but not significantly so. Do we have just two (2) choices? NO!

Regards,

Doug

Obviously you have never been in business for yourself and had more than 20 employees.

 

[melensdad]

Obviously you have never been in business for yourself and had more than 20 employees.

Agreed. LIBERTARIAN's idea would be a huge logistic nightmare for a small businessman and would be incredibly expensive/time consuming to manage.

I'm not familiar with every intricate details of the law, but is it against the law to have several, separate corporations, and have 30 employees work for each one?

No. But it would be incredibly inefficient. Just the costs to prepare the taxes would eat away at your potential savings from avoiding the ObamaCare rules. It simply would not be rational to replace one incredibly expensive government mandate with another incredibly inefficient and expensive voluntary bookkeeping nightmare.

What about a business like Thorntons gas stations, they have 160 stores. Incorporate all of them, that would be terribly costly.

This is one example, because Thortons has an office staff of probably 100 people or more to manage the retail end of their operation, manage the gas/oil distribution end, manage the trucking portion, etc.

It is one thing to break out a location and incorporate it, it is difficult to break out other operations.

Having multiple owners/shareholders (family members, a small group of investors) makes it virtually impossible in many scenarios.

 

[ATOMonkey]

Anytime you add inefficiency, you increase costs.

There really is no way around this. The best you can hope for is a minimal increase in cost.

Can't get blood from a turnip.