Rant: Politics

[jim]

I thought it would be over after the election ... stupid me. It's just getting started! Secession talk and now Denny's and Papa Juan's talking about surcharges and no free pizza's and cutting back workers hours to avoid giving them health care. What kind of [expletive] company is that? Sounds like companies that I don't care to do business with, not that I cared much for their stuff anyway.

If they want to play that game, fine by me. Not that I go to those places much anyway, but I'll make a point to completely avoid them for sure now.

[heyzeus]

What with Chic Fil A and Dominoes too, I'm running out of awful food choices that I never eat at to avoid.

[lukethedrifter]

http://www.thedailyshow.com/watch/tue-n ... e-benefits

[slide_into_first]

Right wingers are always runnin' our country down and not respecting our laws.

[Radbird]

I turned on Fox News periodically today and each time the subject was Benghazi.

The Factor Man was calling it Obama's Watergate.

[lukethedrifter]

What an [expletive]

http://www.huffingtonpost.com/mobileweb ... 22412.html

[greenback44]

What an [expletive]

http://www.huffingtonpost.com/mobileweb ... 22412.html

That guy's math is suspect:

Metz said he will take the extra step of adding a surcharge because he believes the law will eventually expand to include penalties for not covering full-time equivalent employees. If he has to pay a penalty for his average 35 full-time equivalent employes per restaurant, he said it would cost him $75,000 per location. In that case, he said raising prices wouldn't be an option, since he'd have to raise prices about 25 percent to cover the costs of Obamacare, which would be "catastrophic" for his business.

$75,000/0.25 = $300,000. I don't see how a business with 35 full-time employees can survive on $300,000 in annual revenue.

Apparently Papa John's expects Obamacare to add 11-14 cents per pizza. This isn't politics; this is a business looking for an excuse to jack up profit margins.

[AdmiralKird]

What an [expletive]

http://www.huffingtonpost.com/mobileweb ... 22412.html

That guy's math is suspect:

Metz said he will take the extra step of adding a surcharge because he believes the law will eventually expand to include penalties for not covering full-time equivalent employees. If he has to pay a penalty for his average 35 full-time equivalent employes per restaurant, he said it would cost him $75,000 per location. In that case, he said raising prices wouldn't be an option, since he'd have to raise prices about 25 percent to cover the costs of Obamacare, which would be "catastrophic" for his business.

$75,000/0.25 = $300,000. I don't see how a business with 35 full-time employees can survive on $300,000 in annual revenue.

Apparently Papa John's expects Obamacare to add 11-14 cents per pizza. This isn't politics; this is a business looking for an excuse to jack up profit margins.

Since Obamacare is fully defined as a tax by the Supreme Court, wouldn't 35% of the added costs economically be passed onto consumers?

[greenback44]

No, the 35% would be passed onto government. If Obamacare reduces profits before income tax by X, then the business will see its income tax bill reduced by .35 * X.