OBAMACARE: STATES CAN STOP IT

50 Vetoes:  how states can stop the Obama health care law

http://finance.townhall.com/columnists/michaelfcannon/2013/06/09/50-vetoes-how-states-can-stop-the-obama-health-care-law-n1616064?utm_source=thdaily&utm_medium=email&utm_campaign=nl

Townhall Finance – Michael F. Cannon – 6/9/2013

The Patient Protection and Affordable Care Act (PPACA) itself empowers states to block the employer mandate, to exempt many of their low- and middle-income taxpayers from the individual mandate, and to reduce federal deficit spending, simply by not establishing a health insurance “exchange.” Supporters of the law do not care for this feature, yet they adopted it because they had no choice. The bill would not have become law without it.

To date, 34 states, accounting for roughly two-thirds of the U.S. population, have refused to create Exchanges. Under the statute, this shields employers in those states from a $2,000 per worker tax that will apply in states that are creating Exchanges (e.g., California, Colorado, New York). Those 34 states have exempted at least 8 million residents from taxes as high as $2,085 on families of four earning as little as $24,000. They have also reduced federal deficits by hundreds of billions of dollars.

COLLECTIVELY, STATES CAN SHIELD ALL EMPLOYERS AND AT LEAST 12 MILLION TAXPAYERS FROM THE LAW’S NEW TAXES, AND STILL REDUCE FEDERAL DEFICITS BY $1.7 TRILLION, SIMPLY BY REFUSING TO ESTABLISH EXCHANGES OR EXPAND MEDICAID.

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