More fallout from the Affordable Care Act – this time first responders are in the line of fire. The employer mandate encompassing ‘businesses’ that employ 50+ people will come down on ‘volunteer’ fire departments all across nation. The US Department of Labor considers ‘volunteer’ firefighters -volunteers, but the IRS begs to differ. The IRS technically considers firefighters ’employees’ and thus small time departments all around the nation are going to have to choose between paying huge fines or keeping the lights on when someone calls. In the private world, a plan like Obamacare -one that has this much fallout- would cost a lot people in charge their jobs.
Links
-> Obamacare Could Extinguish Volunteer Firefighters
-> An Absolutely Terrifying Chart For Microsoft
-> Ski Season Renews Calls for Federal Government to ‘Combat Climate Change’
-> Volcker Rule Restricts Bank Hedges
-> The 5 Golden Rules Of Finance
-> 7 Ways to Make 2014 the Best Year You’ve Ever Had
-> US Spends $1 Billion in Taxpayer Money on Russian Helicopters for Afghan Military
Top Photo: CS_McMahon via Flickr
