Small Business Pay The ObamaCare Tax A Year Early

There was a dust-up on the internet this week when Matt Drudge of The Drudge Report tweeted, “Just paid the Obamacare penalty for not ‘getting covered’… I’M CALLING IT A LIBERTY TAX.” The reaction from the media was immediate–“He lied.” The mainstream media immediately informed him that the ObamaCare penalty was not in effect until next year, so he could not possibly be telling the truth. Well, not so fast. Depending on how they are organized, many small business pay estimated income taxes during the year prior to actually filing–Matt Drudge has already paid the ObamaCare penalty.

So why is that important? Small business are the job creators in the American economy. The chart below is from the Small Business Administration:

sba2The ObamaCare penalty is already negatively impacting small business. This will in turn impact job creation, slowing down whatever economic recovery is actually taking place.

The bottom line here is simple. ObamaCare is bad for the economy. It is also bad for healthcare. It is time for the Republicans to come out with an alternative plan, publicize that plan, and get rid of national healthcare once and for all. It also needs to be understood that for whatever reason the media is not going to let ObamaCare go down easily. They (and the government under President Obama) are going to attack anyone who speaks out about the negative consequences of ObamaCare. Let the battle begin.

The source for this story is Breitbart.com.

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