Obamacare has been upheld by the courts and short of Congress reversing the entire law, fat chance, we will be seeing some major changes in our society in less than 2 years. Changes that I for one am not in favor of.
As a small business owner the costs of this law will most certainly make our products more expensive even if we don’t go along with the health care plan and just pay the penalty tax.
What really concerns me and many others is the broader reach that this law could have. Give Congress and inch and we are down the road for a mile of more taxes. This new interpretation could give the President and Congress the ability to create taxation by passing laws that obligate a person to buy a certain product or service.
This says that the health care law is tantamount to a new tax. I think it a stretch but then I am not one of the Supreme Court Justices. I am convinced that the cabal in government now runs the gamut of Legislative, Judicial and Executive branches. Each of these were supposed to have checks and balances to curb each others powers. Apparently that system has completely failed.
I have spoken to many folks about this and what we consider to be abuses of power and for many the easy solution is to move out of the country. Many are looking for ex pat communities in central and South America due to the ease of travel from the U.S. to these destinations. I am also considering such a move.
Too many of us are completely fed up with the way things appear to be going and the lack of people with moral fiber willing to stand up and make and effort to change. The biggest problem with the ‘checks and balances’ system, in my opinion, is the sheer number of people in each branch committed to making power grabs to benefit their own turf with total disregard for the majority of the people.
We are in for a time of higher taxes and more regulation which will just add fuel to the inflationary fires!