Nov

21

An email my Dad sent me after discussing some of the implications of Obamacare:

…The Obamacare bill has some very good things in it but there is a lot not to like, and if it is not changed it will come back to bite us you know where. The bill creates a whole new expensive bureaucracy and will force many small businesses to cancel their employee health insurance benefits. We will be seeing real significant health care premium increases in the next 6 months to a year. Yet my re-reimbursement is going down 21% by Jan 1st. NYS just imposed an additional % income tax increase on those making $ more than 200,000. If the Bush tax cuts expire or do not cover my salary range, I will see the largest tax hike in income tax in the history of the USA. My employees work 7 hours a day plus 1/2 hour for lunch and two 15 min breaks. At 68 years old, I work 12 to 14 hour a day often without lunch or breaks but I am the bad guy. I and my partners created 59 employee positions in our offices but I am the bad guy. I do not use any more service than the average guy but I do not pay my fair share according to my congressman and the Obama administration . I guess $xxx,xxx in federal income tax is not enough. If you include state and other taxes I pay close to $xxx,xxx in taxes but I do not pay enough. It is getting to the point that retiring is looking better and better. They are destroying our healthcare system. There is not enough money to provide the kind of care they have proposed. Oh well, let me get back to work since I am on call.

Love you, Dad


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