{"id":42062,"date":"2014-01-14T17:00:53","date_gmt":"2014-01-14T17:00:53","guid":{"rendered":"http:\/\/127.0.0.1\/site\/2017\/2\/1985\/ibd_businesses_threatened_by_raft_of_new_affordable_care_act_taxes\/"},"modified":"2014-01-14T17:00:53","modified_gmt":"2014-01-14T17:00:53","slug":"ibd_businesses_threatened_by_raft_of_new_affordable_care_act_taxes","status":"publish","type":"post","link":"https:\/\/kendallharmon.net\/?p=42062","title":{"rendered":"(IBD) Businesses Threatened By Raft Of New Affordable Care Act Taxes"},"content":{"rendered":"<p>As 2014 dawns, ObamaCare&#8217;s most disruptive changes to the health care system are just now getting under way. For American businesses, that means a raft of new taxes that will pose devastating consequences for their employees and the broader economy.<\/p>\n<p>Paramount among them is a new tax on health insurers (HIT) that&#8217;s projected to &#8220;hit&#8221; them for more than $100 billion over the next decade. ObamaCare&#8217;s architects intended to eat into the margins of insurers with this levy \u201d\u201d and even set it proportional to each company&#8217;s market share, so that bigger insurers pay more.<\/p>\n<p>But the truth is that firms in every sector will pay it, as insurers will simply pass the tax along to employers in the form of higher premiums.<\/p>\n<p>Indeed, premiums are expected to jump 2% to 3% over the course of this year thanks to this tax. By 2023, they could be about 4% higher.<\/p>\n<p><a href=\"http:\/\/news.investors.com\/ibd-editorials-viewpoint\/011314-686156-businesses-face-new-obamacare-taxes-as-2014-begins.htm\">Read it all<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>As 2014 dawns, ObamaCare&#8217;s most disruptive changes to the health care system are just now getting under way. For American businesses, that means a raft of new taxes that will pose devastating consequences for their employees and the broader economy.<span class=\"ellipsis\">&hellip;<\/span><\/p>\n<div class=\"read-more\"><a href=\"https:\/\/kendallharmon.net\/?p=42062\">Read more &#8250;<\/a><\/div>\n<p><!-- end of .read-more --><\/p>\n","protected":false},"author":794,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[39,40,513,582,589,149,104,597,114,593],"tags":[],"class_list":["post-42062","post","type-post","status-publish","format-standard","hentry","category-culture-watch","category-economics-politics","category-the-2009-american-health-care-reform-debate","category-consumerconsumer-spending","category-corporationscorporate-life","category-economy","category-health-medicine","category-laborlabor-unionslabor-market","category-law-legal-issues","category-personal-finance"],"_links":{"self":[{"href":"https:\/\/kendallharmon.net\/index.php?rest_route=\/wp\/v2\/posts\/42062","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/kendallharmon.net\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/kendallharmon.net\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/kendallharmon.net\/index.php?rest_route=\/wp\/v2\/users\/794"}],"replies":[{"embeddable":true,"href":"https:\/\/kendallharmon.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=42062"}],"version-history":[{"count":0,"href":"https:\/\/kendallharmon.net\/index.php?rest_route=\/wp\/v2\/posts\/42062\/revisions"}],"wp:attachment":[{"href":"https:\/\/kendallharmon.net\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=42062"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/kendallharmon.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=42062"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/kendallharmon.net\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=42062"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}