Expatriate Owl

A politically-incorrect perspective that does not necessarily tow the party line, on various matters including but not limited to taxation, academia, government and religion.

Friday, April 15, 2011

Obamacare Erosion Begins

Yesterday, President Barack Hussein Obama signed into law the Comprehensive 1099 Taxpayer Protection and Repayment of Exchange Subsidy Overpayments Act of 2011.

BHO's statement upon signing the legislation:

"Today, I was pleased to take another step to relieve unnecessary burdens on small businesses by signing H.R. 4 into law. Small business owners are the engine of our economy and because Democrats and Republicans worked together, we can ensure they spend their time and resources creating jobs and growing their business, not filling out more paperwork. I look forward to continuing to work with Congress to improve the tax credit policy in this legislation and I am eager to work with anyone with ideas about how we can make health care better or more affordable."

What does this legislation do? It repeals the selfsame onerous tax reporting requirements imposed upon small businesses by Obama's own Obamacare legislation!

Another flip-flop for BHO!

I am pleased to no end that another misbegotten statutory creation has been removed from the books, in this case very quickly and relatively unobtrusively. But there comes a point where one must question the reliability of a President (or other official, American or otherwise) whose support for the things he advocates wavers, in such short order, on so many issues.

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