While drinking my morning coffee and perusing through the
Wichita Eagle’s Business Today section I noticed a common theme:
The feds are in the way.
On page C1 you’ll find Employers in limbo amid health care law’s changes:
To a large degree, a lot of business owners still don’t understand the changes, and I don’t think they clearly understand what it means for them in terms of things like the individual mandate,” said Tim Witsman, Wichita Independent Business Association president.
...
“People have a little bit of information but don’t have enough to really start making decisions,” said Janet Hamous, interim executive director for the Wichita Business Coalition on Health Care.
...
[Karen] Vines suggests that employers start now to prepare for changes next year, trying to educate themselves about the financial implications for their company and looking at options for coverage. |
On top of the Affordable Care Act provisions lies a tax code of ‘biblical proportions’ see page 7C for Tax filers struggle with complex laws:
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Too intimidated to fill out your tax return without help? Join the club.
At nearly 4 million words, the U.S. tax law is so thick and complicated that businesses and individuals spend more than 6 billion hours a year complying with filing requirements, according to a report Wednesday by an independent government watchdog. |
With the level of regulatory kludge imposed by the federal government it truly amazes me that entrepreneurs and business still find time to serve their customers and earn a decent living.