owners of macarthur s bakery, the family-run business, and, dave macarthur has been with us before and his brother, randy. thanks, guys for being here. randy, let me begin with you. like a lot of small businesses you ve got fewer people coming in the door and buying things because of the recession and business is down and obamacare is going to cows more money, at least i want to you explain to me how will it cost you more money and what does this mean for you staying in business. it already cost us more money, and, since the mandate started taking effect, in 2010, we have had a lot of things that have been mandated as coverages that used to be options, and we have had no cap on premiums, so we have seen in the last two years, two subsequent increase proposals for our health insurance for our 50 lives in our small bakery of 22% the first year and 28% last year.
owners of macarthur s bakery, the family-run business, and, dave macarthur has been with us before and his brother, randy. thanks, guys for being here. randy, let me begin with you. like a lot of small businesses you ve got fewer people coming in the door and buying things because of the recession and business is down and obamacare is going to cows more money, at least i want to you explain to me how will it cost you more money and what does this mean for you staying in business. it already cost us more money, and, since the mandate started taking effect, in 2010, we have had a lot of things that have been mandated as coverages that used to be options, and we have had no cap on premiums, so we have seen in the last two years, two subsequent increase proposals for our health insurance for our 50 lives in our small bakery of 22% the first year and 28% last year.
sword. republicans clearly lost the legal battle. and may have won the political war. the ruling ignited many americans as if the electoral equivalent of a political pearl harbor, shot from lethargy and indifference, and conservatives are, to borrow a phrase from president, fired up and ready to go. the democrats got what they wanted. but, they didn t really get what they wanted in the sense they didn t get what they got. what they got was the responsibility for the largest tax increase in american history and not just on nasty old millionaires and billionaires, oh, no, it is going to bust the budget of americans of all income levels. middle class, buckle up. you were promised no tax increases. but, you got em. 21 tax increases in all, 12 of them will hit the group that supposedly was shielded, those making less than $250,000 a year. the court handed the president a island of victory, but has given mitt romney a complement of campaign material. it is clear, if you want to
sword. republicans clearly lost the legal battle. and may have won the political war. the ruling ignited many americans as if the electoral equivalent of a political pearl harbor, shot from lethargy and indifference, and conservatives are, to borrow a phrase from president, fired up and ready to go. the democrats got what they wanted. but, they didn t really get what they wanted in the sense they didn t get what they got. what they got was the responsibility for the largest tax increase in american history and not just on nasty old millionaires and billionaires, oh, no, it is going to bust the budget of americans of all income levels. middle class, buckle up. you were promised no tax increases. but, you got em. 21 tax increases in all, 12 of them will hit the group that supposedly was shielded, those making less than $250,000 a year. the court handed the president a island of victory, but has given mitt romney a complement of campaign material. it is clear, if you want to