This is about TAXES and the cost of healthcare for the government.
1. We implement OBAMA care which allows most people to receive subsidized health insurance. Supposedly to cover the uninsured. Then pension plans, employers, gig companies take advantage of this fact and push the people to the marketplace. The cost of OBAMA care skyrockets along with all other insurance plans.
2. Gig companies do not have to carry employee tax liability on their balance sheet. Each independent gig work needs to do this. Would the IRS rather collect from 1 company or hundreds of thousands of independent contractors. Additionally, independent contractors are viewed as a business and can take substantial deductions. The combination of taking advantage of tax deductions, the cost to collect from all of contractors and the fact that a good number of contractors do not make their tax payments, leads to reduced revenue.
3. Personal mandate goes away and the Gig worker drops their health insurance or the personal mandate wasn't paid int he first place. By creating this scenario OBAMA care becomes unsustainable.
I worked 19 years as a contractor and loved it. Never was provided benefits. I purchased my own health insurance until the ACA came along and it doubled the cost the plan I purchased for my family year over year until it was unaffordable. I didn't want to purchase the terrible plans available through the marketplace so I got a job.
1. We implement OBAMA care which allows most people to receive subsidized health insurance. Supposedly to cover the uninsured. Then pension plans, employers, gig companies take advantage of this fact and push the people to the marketplace. The cost of OBAMA care skyrockets along with all other insurance plans.
2. Gig companies do not have to carry employee tax liability on their balance sheet. Each independent gig work needs to do this. Would the IRS rather collect from 1 company or hundreds of thousands of independent contractors. Additionally, independent contractors are viewed as a business and can take substantial deductions. The combination of taking advantage of tax deductions, the cost to collect from all of contractors and the fact that a good number of contractors do not make their tax payments, leads to reduced revenue.
3. Personal mandate goes away and the Gig worker drops their health insurance or the personal mandate wasn't paid int he first place. By creating this scenario OBAMA care becomes unsustainable.
I worked 19 years as a contractor and loved it. Never was provided benefits. I purchased my own health insurance until the ACA came along and it doubled the cost the plan I purchased for my family year over year until it was unaffordable. I didn't want to purchase the terrible plans available through the marketplace so I got a job.