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Re: Heard this on the drive-time this morning...

By: ribit in FFFT | Recommend this post (0)
Tue, 12 Nov 13 5:23 AM | 46 view(s)
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Msg. 57757 of 65535
(This msg. is a reply to 57746 by oldCADuser)

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It seems that the Affordable Care Act is going to be a burden on many of the uber-wealthy families in this country. It least it will for those who employ a staff of 50 or more people on their estates, doing such jobs as housecleaning, cooking, gardening, etc, as they will come under the same rules as does any 'small business' with 50 employees or more.

...ya really think really wealthy folks don't pay the people who work in their homes and around their families well? They likely have better benefits than gubmint employees. Wealthy folks do not surround themselves with people they cannot trust. Otherwise kidnapping would become as rampant here as it is in S. America. If these wealthy folks decide to cut corners to avoid the obamacare, the folks who will get it in the shorts are their employees.




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Liberals are like a "Slinky". Totally useless, but somehow ya can't help but smile when you see one tumble down a flight of stairs!




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The above is a reply to the following message:
Heard this on the drive-time this morning...
By: oldCADuser
in FFFT
Tue, 12 Nov 13 4:19 AM
Msg. 57746 of 65535

It seems that the Affordable Care Act is going to be a burden on many of the uber-wealthy families in this country. It least it will for those who employ a staff of 50 or more people on their estates, doing such jobs as housecleaning, cooking, gardening, etc, as they will come under the same rules as does any 'small business' with 50 employees or more. They will need to either provide healthcare coverage or pay an annual 'tax' for each uninsured employee. Now it was mentioned that those people who maintains more than one estate could possible limit the impact of the ACA by setting up each property as a separate 'corporation' and as long any one estate has less than 50 employees listed on their payrolls that they could avoid this burdensome situation. Apparently this was one of the topics discussed recently at a weekend gathering of some of the wealthiest American families where they met to share ideas about managing portfolios, paying taxes (actually how to avoid paying taxes), estate planning, etc.


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