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Originally Posted by rahl
Why would you not have to offer them Insurance?
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I think the employees would qualify for the "exchange" aand the employer with payroll over $500,000 would pay the 8% "surcharge" or offer a group plan.
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And why would he hire you if all he has to do is put them on the public plan himself?
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He could set it all up himself, but I am a good salesman.
For the record I have not read the bill and have no plans of reading it. I am going to wait and see what the Senate does and when they get close to a final version I will look forward to looking at the details. My point is that all the assumptions they used to sell the bill is not based on reality. Including the thought that a person at the "tax the rich" threshold will rollover and pay the tax. Many people will simply defer more income using tax preferred or qualified plans like Keogh's, Simple IRA's, 401(k)'s, annuities, trusts, etc.