A $63-per-head fee, to cushion the cost of covering people with pre-existing conditions, has just been discovered under Obamacare. “The charge, buried in a recent regulation, works out to tens of millions of dollars for the largest companies, employers say. Most of that is likely to be passed on to workers.” For those who think that this amount doesn’t sound like much, I agree. The problem is that it will be just the tip of the iceberg of hidden fees or taxes. Heck, Obamacare, per the Supreme Court, is just one big tax. And remember, entitlements NEVER shrink. By definition, they only expand. In fact, here is the last line of the article:
It will phase out completely in 2017 – unless Congress, with lawmakers searching everywhere for revenue to reduce federal deficits – decides to extend it.
Phase out? Sure it will (tongue firmly implanted in cheek).Tweet