....it bit them in the ass. Couldn't happen to a nicer bunch, either.
Corporate America was an early supporter of Obamacare, because CEOs
thought they could “game the system” by dumping their sickest workers
onto state and federal healthcare exchanges that are often subsidized by
taxpayers. But in an unexpected financially important ruling, the Internal Revenue Service
just notifed employers they will be subject to a tax penalty of $100 a
day — or $36,500 a year — for each employee who goes into the individual
exchange....
The Business Roundtable boyzzzz were perfectly happy to dump their obligations onto taxpayers.
Too bad.
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