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no, you're incorrect about that.
the releasing of proprietary data, in breach of contract, would necessarily have to come along with the company's name or the information is irrelevant to begin with.
He could falsify the numbers to represent a close scenario, even. Stop bullshitting.
Excuse me....you are 100% wrong.
If I had the formula for Coca-Cola and I posted it as the formula for a great tasting soda...not using the word Coca-Cola...and I was in contract with Coke.....I would be in breach of contract.
GT...no offense...but you are acting childish now...saying things as fact that you have no idea about.
The formula for a product has nothing with what we're talking about. Which is why you used it.
We're not talking about a company's secret formula. We're talking about a Balance sheet. We're talking about a guy stating that Obamacare will bankrupt his company.
not to mention the 35% tax breal on the ACA payments, and the kick back from the insurance company.
Excuse me....you are 100% wrong.
If I had the formula for Coca-Cola and I posted it as the formula for a great tasting soda...not using the word Coca-Cola...and I was in contract with Coke.....I would be in breach of contract.
GT...no offense...but you are acting childish now...saying things as fact that you have no idea about.
The formula for a product has nothing with what we're talking about. Which is why you used it.
We're not talking about a company's secret formula. We're talking about a Balance sheet. We're talking about a guy stating that Obamacare will bankrupt his company.
actually...you were the one who said I was bulshitting about "proprietary information"....so I gave you another example.
Typical shit....not interested in this type of a debate.....it is turning into a shit show.
Cya.
not to mention the 35% tax breal on the ACA payments, and the kick back from the insurance company.
Insurance company kick back to a small business owner. lol
You have no clue idiot. Thanks for showing you have no place in the discussion.
I have to go, I'm closing a car deal.
Not only that, but bankrupt the whole operation, lol.
I'm no fan of the ACA but I don't buy this shit. This law might be a deterrent in some ways but it's not THIS bad.
And if it is THIS bad, I'd need to see some hard data to believe such.
So I have to share this because it really pisses me off. So I manage a business for two owners who are absolutely fabulous people...I mean wonderful people and I love them to death...but they are flaming liberals and can't see their hand two inches past their nose. So prior to the election they tasked me with setting up a plan fo expansion into a second location. Now I know the books and so the other day we meet and ask my plan and my response was: "I don't think we can expand now"
"Why not?" they asked confused.
"Well," I said. "Right now our company has 47 employees. Expanding to a second locaton will put us over the 50 employee limit on Obamacare and we will have to pay health benefits for every one of our employees or pay the fine to avoid it. After looking at the books, that will bankrupt us." I explained.
"But our business is ready to take the next step." they said to me.
"Yes it is," I responded "but we can't afford to anymore. The good old days of expanding according to sales and demand are over." I explained. "That's not the way it works anymore."
"Well why not?" they asked sincerely.
"Well because of the Affordable Health Care Act" I said. I then explained all the implications and do you know what their response was? These flaming liberals who voted for Obama and pounded the "health care is a human right" angle? Know what they said to me? They said "Well we have to find a loophole to get out of this. We can't afford that. it will end our business."
I was tempted at that point to reach across the table and strangle them both screaming "this is what you voted for mother fuckers!!!!" but I kept my cool. I said slowly "the business landscape has changed. Now here are our options.....#1 cut every employee to below 30 hours a week. If they go over 30 hours we fire them on the spot."
"Well how will they support their families on only 30 hours a week?" they asked.
"If they go over 30 hours after the expansion," I explained "then you will support their families directly from your own pocket because the business cannot sustain the expense incurred by Obamacare." I got incredulous at this point. "Jesus fucking Christ have you not been paying attention?" I was met with silence.
"Now the other option is to expand to the new location but to sub-contract labor to a different entity. Technically, you will have no new employees and be under the 50 cap. On the other hand you have to entrust your labor to a totally different business...and don't even think about creating a dummy corporation yourself to hire those workers under unless you want a nice battle with the IRS for fraud. It will have to be a completely unrelated business with totally unrelated ownership."
So after a while of them thinking they looked at me and asked.
"So what you are saying is that we can't expand our business unless we slash the hours of our employees who need every hour they can get, sub-contract out our labor an allow an independent business to control our labor, or just say fuck it and not expand at all?"
i said "Yep"
"THAT'S TOTAL BULLSHIT" they screamed
"That's what you voted for" I said calmly risking my job.
I didn't get fired. The expansion will not take place. 45 jobs set and ready just got lost thanks to Obamacare.
Papa john's put out some data, I think they said they have to increase the price per pizza by fifteen cents.
Lemme see.
*goes to papa john's site*
1.36% increase.
Bankruptcy!
Papa john's put out some data, I think they said they have to increase the price per pizza by fifteen cents.
Lemme see.
*goes to papa john's site*
1.36% increase.
Bankruptcy!
Could be, they closed here. Too much competition from other pizza places. Higher pizza prices aren't going to help them on that.
Papa john's put out some data, I think they said they have to increase the price per pizza by fifteen cents.
Lemme see.
*goes to papa john's site*
1.36% increase.
Bankruptcy!
Could be, they closed here. Too much competition from other pizza places. Higher pizza prices aren't going to help them on that.
OK...here is a basic analysis I did for a service company a few years back...the numbers are skewed...and I am now insituting the ACA for debate purposes....
They had 41 employees at the time (real number)....the return on each employee was approximately 10K net...net referring to AFTER cost of payroll....it did not include other costs such as office space, etc.....
Say the owner had a net profit of 400K.....(off of his empoloyees)
He decides to open a second location and add 15 employees....
Lets put aside the cost of the new venue for now....
now he has 54 employees....and by law MUST insure ALL of them...the first 41 are not grandfathered.....
The cost of insurance per employee is 5K after rebates and incentives....a rational number
Now the return on each employee is down to 5K...
So his net profit of his entire staff is of 54 is 270K.
So his net profit has decreased by 130K due to his expansion....not to mention the INCREASE in operating costs due to the need for additional office space and technology
OK...here is a basic analysis I did for a service company a few years back...the numbers are skewed...and I am now insituting the ACA for debate purposes....
They had 41 employees at the time (real number)....the return on each employee was approximately 10K net...net referring to AFTER cost of payroll....it did not include other costs such as office space, etc.....
Say the owner had a net profit of 400K.....(off of his empoloyees)
He decides to open a second location and add 15 employees....
Lets put aside the cost of the new venue for now....
now he has 54 employees....and by law MUST insure ALL of them...the first 41 are not grandfathered.....
The cost of insurance per employee is 5K after rebates and incentives....a rational number
Now the return on each employee is down to 5K...
So his net profit of his entire staff is of 54 is 270K.
So his net profit has decreased by 130K due to his expansion....not to mention the INCREASE in operating costs due to the need for additional office space and technology
That's not hard data, and you're not a Business owner who has, you'd WANT TO BELIEVE, necessarily researched the exact numbers of rebates and incentives. I'm looking for someone who has. All I can come up with is Papa john's. Their outlook is nothing to even flinch at.
OK...here is a basic analysis I did for a service company a few years back...the numbers are skewed...and I am now insituting the ACA for debate purposes....
They had 41 employees at the time (real number)....the return on each employee was approximately 10K net...net referring to AFTER cost of payroll....it did not include other costs such as office space, etc.....
Say the owner had a net profit of 400K.....(off of his empoloyees)
He decides to open a second location and add 15 employees....
Lets put aside the cost of the new venue for now....
now he has 54 employees....and by law MUST insure ALL of them...the first 41 are not grandfathered.....
The cost of insurance per employee is 5K after rebates and incentives....a rational number
Now the return on each employee is down to 5K...
So his net profit of his entire staff is of 54 is 270K.
So his net profit has decreased by 130K due to his expansion....not to mention the INCREASE in operating costs due to the need for additional office space and technology
OK...here is a basic analysis I did for a service company a few years back...the numbers are skewed...and I am now insituting the ACA for debate purposes....
They had 41 employees at the time (real number)....the return on each employee was approximately 10K net...net referring to AFTER cost of payroll....it did not include other costs such as office space, etc.....
Say the owner had a net profit of 400K.....(off of his empoloyees)
He decides to open a second location and add 15 employees....
Lets put aside the cost of the new venue for now....
now he has 54 employees....and by law MUST insure ALL of them...the first 41 are not grandfathered.....
The cost of insurance per employee is 5K after rebates and incentives....a rational number
Now the return on each employee is down to 5K...
So his net profit of his entire staff is of 54 is 270K.
So his net profit has decreased by 130K due to his expansion....not to mention the INCREASE in operating costs due to the need for additional office space and technology
That's not hard data, and you're not a Business owner who has, you'd WANT TO BELIEVE, necessarily researched the exact numbers of rebates and incentives. I'm looking for someone who has. All I can come up with is Papa john's. Their outlook is nothing to even flinch at.
it was my job....the one that allowed me to retire at the age of 54.
Whatever.
Blue Phantom's account I have no idea if factually accurate but in reality everything he said could be true.
A college in the Pittsburgh area is doing exactly as PH outlined. They are cutting back on hours and who do you think they voted for???
College Cuts Staff Hours to Avoid Obamacare Costs
A right wing blog that isn't credible. The schools press releases tell a different story.
Western Pennsylvania community colleges trying to 'live within means' | TribLIVE
OK...here is a basic analysis I did for a service company a few years back...the numbers are skewed...and I am now insituting the ACA for debate purposes....
They had 41 employees at the time (real number)....the return on each employee was approximately 10K net...net referring to AFTER cost of payroll....it did not include other costs such as office space, etc.....
Say the owner had a net profit of 400K.....(off of his empoloyees)
He decides to open a second location and add 15 employees....
Lets put aside the cost of the new venue for now....
now he has 54 employees....and by law MUST insure ALL of them...the first 41 are not grandfathered.....
The cost of insurance per employee is 5K after rebates and incentives....a rational number
Now the return on each employee is down to 5K...
So his net profit of his entire staff is of 54 is 270K.
So his net profit has decreased by 130K due to his expansion....not to mention the INCREASE in operating costs due to the need for additional office space and technology
Correct me if I'm wrong, but he doesn't have to pay the full cost of the health insurance he just has to offer a plan, no?
