Friday, November 2, 2012

Beating Obamacare Mandate

Obamacare will not be repealed or changed even if Romney wins, because Obamacare is simply Massachusetts Romneycare gone national.

I have interviewed people on my listserv many times as to why people do not start businesses, and reason #1 is fear of losing the "health care" that comes with their job.  We'll come back to that.

Nixons Secretary of Agriculture Earl Butz said the policy of the federal government is "get big or get out."  He was talking agriculture, but over the last 40 years it is clear that means everybody.  We are supposed to take a paycheck, get food from Safeway or McDonalds, clothes from the Gap, furniture form Ikea, medicine from HMO, housing from Fannie mae, education from student loans, and entertainment from pro-ball.

Every big government push ruins another round of small business. The Obama/Romneycare is doing its work.  Here a small business runs the numbers and a small business owner figures the time is now to sell out to a huge competitor.

The top tax rate will go up at year-end by at least 3.8 percentage points because of a provision in President Barack Obama's health-care overhaul law. But that will be added onto a top rate that will depend on negotiations between Mr. Obama and Congress after the November election, when they are expected to seek a deal on numerous tax and spending measures.

George Lucas decided it was time to cash in on the Star Wars franchise and he sold to Disney, to avoid the taxes next year. The change in taxes matter little, because small business can spend the ptofits to be taxed before they get taxed. And no one is obliged to subject themselves to Obamacare.  I am not just talking about all of the huge USA businesses and unions who have been given waivers, I am talking about something like 40,000 individuals who do not care to buy into Obama's system.

SamaritanMinistries offers a kind of health care insurance modelled on the old mutual aid societies which once thrived, and their participants are exempt.  But with them you profess a rather narrow Christian faith to join.

Here is another, with a more inclusive membership.  Now people may find the cost of health care very reasonable, affordable, but the discrimination abominable.  That would be missing the point. The point is these systems work well, are inexpensive, flexible, and exempt.  The fact that they are religious is inconsequential.  They may be exempt because they are religious, but as in military service conscientious objection, one may be exempt for ethical or other reasons.  If atheists desired to form their own exempt group, then they could too.  The point is health insurance that provides what you need without the stupid overhead that we have in medicine in USA today.  No one wants to pay for all of the waste, fraud and abuse.

So, my point is, for those desiring to be self-employed, but fearing doing without health care, all you need is available for maybe $150 a month.  If you exempt yourself from Obama/Romneycare, which we all can do.

Back to that WSJ article above.

To be sure, the weak economy has been difficult for many small-business owners across the board. The median selling price for U.S. small businesses in the quarter ended Sept. 30 was $174,000 down 8.2% from four years earlier, according to BizBuySell.com, an online small-business marketplace. The firm's findings are based on sales, reported voluntarily by business brokers and mostly of less than $1 million, in 70 major markets.

So there is more... people are afraid and bailing out due to taxes and Obama/Romneycare.    I would never buy a business, but if you are inclined to do so, the only deal to agree to is one in which you pay for the business out of the profits for the business.

Better to start your own though.  The health insurance part is covered now.  Not by Obama/romneycare, but by people who want nothing to do with it.  Very good. And as to the tax increase, being self-employed you can exempt yourself from paying those by ordering your business expenses so they pay for more of your lifestyle.

I think the state went too far, and it may turn out that the situation is excellent for those who desire to start up a business.  The big fear, no health insurance, and then mandatory health insurance, has been beat.  Check it out.   And get going.

Feel free to forward this by email to three of your friends.


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