Posted by sotxbill on March 26, 2010 at 06:33:59 from (144.160.98.31):
In Reply to: Re: Tractor Related posted by tlak on March 26, 2010 at 05:53:25:
actually there are taxes and other costs. some companies will face up to 3 billion in costs. If a company pays for better than minimum care benifits, the excess benifits package now become taxable at 40%.
this new wonderful legislation could make a company drop it benifits down to the minimum.. so lots of employees will see a cut or the companies will have to pay the taxes.
Its actually cheaper now to not pay the benifits and just pay the penalty per employee.
Wow... what an wonderful ideal.. congress passes a law that destroy american business.
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