Monday, March 22, 2010

Health Overhaul's Assault On Business

Subject: txt 1st hcare sclm bbro mny -
Taxes: If ObamaCare becomes permanent, no one will suffer more than U.S. businesses. They'll face higher taxes, more regulations and a higher cost of capital. But don't take our word for it. Go ask Caterpillar.

The heavy-equipment giant reckons its insurance costs will go up 20%, or $100 million, the first year after the health care system is overhauled, and may go even higher. Multiply that by literally tens of thousands of companies nationwide, large and small, and ask yourself what effect it will have toward the goal of "jobs, jobs, jobs" the White House so recently assured us was Job 1...


[It's never been about health 'care'.]


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