I have a company with more than 50 employees, but am considered a small business. We receive preferential treatment from state governments because we are under $16 Million in revenue – but still  have over 50 employees.

President Obama, along with the overwhelming majority of Representatives with a D after their names will put us out of business as soon as the taxes start. If you work for a company of over 50 people, be aware of this.

Hidden within the bill is a provision allowing the IRS to penalize companies who have at least 50 employees but do not provide health care insurance. The penalty is $2,000 per employee per year. Paying the penalty is surely much cheaper than paying for insurance, so I’m sure that is the better option. $100,000 per year will wipe out most small businesses of this size…

By looking at the state of the economy and the leading indicators (massive layoffs still happening), I believe you will see at least 10% of small businesses with at least 50 employees go under in the first year. At least they’ll have government-provided health insurance!

What does an economy with massive unemployment, a business hostile atmosphere with rapidly expanding government power look like? Has anyone been to Cuba, Venezuela or Russia lately?

Change is right.