Lake Erie Conservative

thoughtful discussion(s) about issue(s)

Posts Tagged ‘Tax credit’

… This Company will Not be the Only One [ObamaCrapCare] …

Posted by paulfromwloh on Thursday,November 21st,2013

.. the company in this news piece is from my ” neck of the woods . ”

.. [link] this one is a link from the original news piece link at the Washington Free Beacon . This [link] is a YouTube recording of the  local news piece [WEWS TV (ABC)] .

.. This company (PSC Metals) is originally a very small business . They have since grown to a multi – hundred million dollar operation , with over 1,000 employees . They have done the ” math , ” and have decided that it is cheaper for them to send their employees into the health exchange in Ohio . In Ohio , because of Ohio ‘ s refusal to create one , they will have to join the crowd dealing with the mess because Ohio ‘ s exchange is one that was created by the federal government . That is not the only problem .

.. Ohio is the home state of law Professor Scott Adler [Case Western Reserve University] . He and Cato scholar Michael Cannon wrote the seminal paper on the illegality of the offering of tax credits by federally – created exchanges in states that refused to create one themselves . Ohio , no doubt , has a court case similar to Oklahoma ‘ s ” Pruitt v HHS , ” which challenges the legality of those tax credits and penalties , and is much further along .

.. I am willing to guess that that one , or the one in D.C. , or both , will result in injunctions blocking the tax credits and penalties for those federally – created exchanges . When that happens , effectively , the game is over . It would affect nearly 36 states , in which the Feds created the health benefits exchanges . The other 14 states and DC ‘ s would be untenable , due to the uncompetitive advantage .


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