Monday, November 18, 2013

Union fiscal thuggery-Bidnez as usual for ObamaCare's Union Favor

Review & Outlook: ObamaCare's Union Favor - WSJ.com:
"There's no conceivable rationale—other than politics—for releasing union-only plans from a tax that is defined as universal in the Affordable Care Act statute. 
Like so many other ObamaCare waivers, this labor dispensation will probably turn out to be illegal.
And by the way, this favor harms all other taxpayers.
The IRS assesses the reinsurance tax in annual tranches; it must collect $12 billion in 2014, $8 billion in 2015 and $5 billion 2016.
So the smaller pool of ordinary people without a union card will pay a larger individual share of the same overall amount."

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