The Scoop
January 20, 2011
Heritage Research
One of the central goals of Obamacare was to increase the number of individuals with health insurance coverage. To encourage employers to offer coverage, the new law creates a tax penalty on firms that fail to provide “adequate” coverage. The result of the tax penalty will ultimately be lower profits and wages, increased unemployment, and higher prices for goods and services. To read more, click here.
Tags: economy, employer mandate, jobs, ObamaCare
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