If President Barack Obama wants to improve income inequality he could start by removing ObamaCare’s barriers to working more hours.
“The savings from restricting hours worked can be enormous,” explains the Wall Street Journal. “If a company with 50 employees hires a new worker for $12 an hour for 29 hours a week, there is no health insurance requirement. But suppose that worker moves to 30 hours a week. This triggers the $2,000 federal penalty. So to get 50 more hours of work a year from that employee, the extra cost to the employer rises to about $52 an hour – the $12 salary and the ObamaCare tax of what works out to be $40 an hour.”
Liberals thought themselves clever by dropping full-time status to 30 hours per week from the traditional 40. What they didn’t count on was…[more]
After demanding payback for supporting Democratic candidates and the passage of ObamaCare, an influential group of labor unions is getting a special exemption from one of the health law’s most onerous taxes.
But will it be enough to save them?
Buried in a complicated regulatory announcement last week, the Department of Health and Human Services (HHS) broke the news in the least transparent way possible. Only careful sleuthing by Kaiser Health News spotted the language saying that HHS will propose that “certain self-insured, self-administered plans” be exempted from paying ObamaCare’s…
"If foot-dragging were a competitive sport, President Obama and his administration would be world champions for their performance in delaying the approval of the Keystone XL pipeline. ... Last Friday afternoon, the time when officials make announcements they hope no one will notice, the State Department declared that it is putting off a decision on Keystone XL indefinitely — or at least, it…[more]