New Democratic Platform: Taxpayer Subsidized Non-Productivity
www.bernardgoldberg.com
Last week, the non-partisan Congressional Budget Office announced that the Affordable Care Act would likely reduce the number of full-time workers in the United States by the equivalent of 2.3 million. What's their reasoning? Simply put, the law's taxpayer-subsidies will give workers less of a reason to work. Under Obamacare, Americans who earn up to 400% of the federal poverty level qualify for government-assistance to buy health insurance. Thus, there's a clear incentive for people to keep their work-hours down in order to meet that income qualification.
New Democratic Platform: Taxpayer Subsidized Non-Productivity
New Democratic Platform: Taxpayer Subsidized…
New Democratic Platform: Taxpayer Subsidized Non-Productivity
Last week, the non-partisan Congressional Budget Office announced that the Affordable Care Act would likely reduce the number of full-time workers in the United States by the equivalent of 2.3 million. What's their reasoning? Simply put, the law's taxpayer-subsidies will give workers less of a reason to work. Under Obamacare, Americans who earn up to 400% of the federal poverty level qualify for government-assistance to buy health insurance. Thus, there's a clear incentive for people to keep their work-hours down in order to meet that income qualification.