No. of Recommendations: 0
That math is awful flawed because it's only looking at the direct cost of ObamaKare. It's leaving out the indirect costs. How much did Papa John's have to spend to figure out the actual cost, how many more accountant hours are needed? How many more lawyer hours...since each State will have slightly different rules via the exchanges, what's that cost. What's the new cost from suppliers? Do the tomatoe and cheese suppliers raise their prices as well?

That's estimate is extremely low and doesn't look at the actual cost. It looks at the direct costs.

For example if you raise the gas tax 5 cents a gallon, your new cost isn't 5 cents times the amount of gas you buy. It's 5 cents times the amount of gas you buy PLUS, the increase for items you buy that pass on their increase tax to you, even if it's half the new burden.
Print the post  

Announcements

When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and Glassdoor #1 Company to Work For 2015! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.