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Will the Health-Care Law’s Costs, Paperwork Kill Small Business?

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    Small-business owner Amilya Antonetti on the impact on small businesses of the potential increase in costs and paperwork.

  • Duration 4:20
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All right that's right mister vice president the health care law was a big.

Phenomenal deal but now lots and lots of companies are worried it's going to be a raw deal.

For them -- for their customers fast food chains and retail was a lot of others would hourly workers are now fearing that the law it's gonna drive -- their costs.

And I'll have to pass them along one way the other what -- -- happens then.

Million and -- says that it's when things get really ugly.

-- -- -- -- -- -- on it is ugly and this is what I've been saying all along this is a big difference between the private sector.

And the public sector with the government we cannot handle mounds and mounds of paperwork to be unpaid administrators for the government.

Obama care what it's doing -- saying okay you have to do all this analysis now in order for us to make the right decisions.

I've already invested twenty plus hours of work just for myself to try to figure out if my company is or is not -- compliant.

And the way that they have the rules and regulations structured clearly nobody has ever owned a business.

Was part of this round table because it -- the president had it now affecting the -- the price -- food and everything I have I don't understand.

Beat well -- OK you're gonna see more and more businesses go out of business because of these rules and regulations.

What they're saying is that if -- deviate meeting I'm not gonna get everybody in my company that same health care which.

We don't we have part time we have full time.

We have people that basically -- executives -- people that are profiteering at all different kinds of denominations in fine of our businesses.

Which all have different kind of benefit track -- -- that's right I've got a lot employees take -- look I don't want the benefits.

I'm on my husband's policy I want more vacation time.

Well now saying that as -- consume as -- business owner.

I can't offer my employees with a need in wants they're gonna tell -- what I can offer which hits now they're gonna be offered.

Nothing or Vanilla package which doesn't work for the employees so who's getting hurt I'm getting hurt because more expensive for me.

And they're getting her -- not getting with.

Gasoline all the cause for them go up passed along to their customers that I am a Connecticut to -- deal then.

See businesses giving up and you know -- -- to these groups so serotonin during the break you were addressing around enlargement -- the other net.

What is it removed and their mindset how inclined here today to either about now matches fire people hire people what's -- -- Of them might set up a small this is an announcement were right member were -- outside of the box we don't march to same -- as everybody else and using one of our big skill set isn't we love paperwork that's why we're onto the Norse.

We are so over burdened with complicated.

Paperwork that doesn't make cents.

One says one thing an injury the next page it says something it's so difficult to cigarettes is the best analogy is think about -- your taxes right taxes -- got 700 pages.

Now that's -- they don't with health car so many entrepreneurs are going you know what.

It's just not worth -- I can't make any money at it and look at the bad guy the paperwork is -- employees are not happy.

Am not make any money why would they take a business take their risk risk everything nine have coastline leveraged to make.

No money and then if they do make money you wanna take at -- wait for me and say how dare you wanna make money why what who want making his -- regulated health care.

Argument where today it will -- their health care law itself even if they.

They -- -- on the government is gonna save them money long term that is not resonating because I guess they say it's not true.

It isn't true that it -- -- at least and it signature and this is a divine strategy all along and I have said this from they want.

Systematically.

With a plan was with the they wanna pull it away from a large majority is long -- businesses are the ones to provide the benefit to a large group of people we have leverage at the table.

If you take that away from me and I no longer has faced island leverage now they have the -- you give away your power you no longer are gonna get what you want to -- because.

They don't care.

I care about my employees I take it very seriously the government does what there doing -- -- -- but the we're trying to figure out what we're going to be able to do with our place I actually have no idea and I'm smarter than the average bear and I'm confused when you're confused man had a.

About arbitrage is what it's out of business later all right a million thank you.