Lots of talk about the Dems and the idea they did not warn California that Obamacare was a 15% marginal tax increase on the middle class. Also plenty complaints that Obamacare does not let Californians keep their existing coverage.
Did anyone ever hear Jerry Brown bring these issues up? I mean, after all, we are the Undemocratic colony of DC, Jerry Brown is supposed to protect us from the place, not conspire to steal from a bunch of middle class California Latinos. Given the scam Jerry pulled off, why would he now want Latinos to speak English? Once they learn the language, they will immediately discover his fraud.
Lets create a model:
Consider a small company in which the average turnover for employees is three years. Now the company needs to fill a higher level position by selecting from one of the existing employees. There cost model asys there is a gain to the company fo9r filling this position over three years. But the Obamacare charges a 15% increase in taxes for the promotion, over three years. Take that difference, and subtract the one time charge for promoting someone, about 2 grand maybe, amortized over three years.
What you get is a positive wedge in the granularity of wage increases. Some mid-level positions are simply not justified, so the employee wage setting becomes more stratified, there are fewer of them, and fewer opportunities for promotion. The side affect is a great big increase in the grey market for labor, especially among Latinos.
Ok, anyone, did Jerry Brown know about this? Yes he did, he is not that stupid. Did Jerry Brown tell anyone this? No, he would have been ostracized by the Undemocratic Party if he did. Result, Latinos who barely speak the bastard language of DC are getting screwed.
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