Friday, October 4, 2013

October 4th

Opinion

How ObamaCare Wrecks the Work Ethic Due to president Obama's Affordable Care Act, a new redistribution will arrive on January 1st, New Year's Day, of next year. This act will force people who hire others to pay for their full health care plan, while giving giving discounts to all others. Due to Obama's presidential regime, the taxes have also been quite high. Our lowest was in 2008, when the marginal tax rate was 43.9%. By 2016, the tax rate will probably be around 50%, but the good thing is that we won't have to worry about health care costs in addition to that. By 2015, people will only be holding half of their work slalry, and the reward for having a job will go down 17%. For now, expect the unexpected with health care acts and tax rates.


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