TBJ: ObamaCare To Cost Triangle Business Owner 25% Of His Profit

Jason deBruyn of Triangle Business Journal reports on the disastrous face of ObamaCare:

Les Wilson owns the Raleigh and Durham franchise rights of Two Men and A Trucktogether with his wife. He says that providing health insurance to all his employees will likely cost him an additional $270,000 to $300,000.

“I can’t say that I’m overwhelmingly happy with the scenario,” he says.

Wilson has always offered health insurance to his employees, but because they are predominately young and male, understandable since they are a moving company, only about 25 percent to 30 percent of the workforce would participate.

Bottom line: ObamaCare will confiscate 1 out of every 4 dollars of profit earned by Mr. Wilson.