The Patriot Post® · ObamaCare Shrinks Small Biz Workers' Incomes by $22.6 Billion

ObamaCare was sold on the faux premise of saving both consumers and businesses money in health care costs. A new report by the American Action Forum finds that, not only is this assertion a big lie, but the “Affordable” Care Act is pulling more than $22.6 billion every year out of small business workers’ incomes – and ObamaCare’s just getting started. CNBC reports, “Individual year-round employees at businesses with 50 to 99 workers lost $935 annually, while those at firms with 20 to 49 workers are out an average of $827.50 per person in take-home pay, the report found. That report also says that there has been the loss of more than 350,000 jobs due to Obamacare-era premium hikes at small businesses.” Worse, “those wage and job-level effects have come before the implementation of Obamacare’s employer mandate, which beginning in 2016 will compel firms with 50 to 99 full-time workers to offer them health coverage or pay a fine.” More…