Don’t know, but the math doesn’t add up for business owners.
If you have to pay the penalty on about 120 employees and the current government penalty is 2K, how does a business owner just come up with another 240K per a year to hand over to the government? Especially when two households are living off owning the business and not bringing in much more that than annually.
My family members have been very upset about having to cut hours for employees that very much need a full time job, but they can?t stay in
business and pay the Obama care healthcare penalty. It will still cost more to run the business as they will have to train and maintain (more uniforms, more accounting, etc) a much larger staff just to keep their doors open.