The world may end in 2012 but

[thegovanator]

I got ninja'd

[RL...]

I'm not for gov. intervention unless on things that are needed like public education, but this bill doesn't seem to bad, and doesn't seem that it will affect me too much....They're not rasiing taxes(atleast not yet) they're merely reallocating the way they budget their money.

[Bajjani]

I'm not for gov. intervention unless on things that are needed like public education, but this bill doesn't seem to bad, and doesn't seem that it will affect me too much....They're not rasiing taxes(atleast not yet) they're merely reallocating the way they budget their money.

Income taxes are going to go up. Company side costs will skyrocket by over 100%. Companys will have to cut costs. That includes pay cuts, layoffs, and getting rid of things like 401k plans all together.

[RL...]

Income taxes are going to go up. Company side costs will skyrocket by over 100%. Companys will have to cut costs. That includes pay cuts, layoffs, and getting rid of things like 401k plans all together.

Is this speculation or do you have proof behind this? I can understand why you think this might happen but unless you have proof then it's neither here nor there. But realistically the companies will probably pass the added cost of covering insurance on to it's employees and customers....could be worse, we could be in China...