New Health Insurance Tax

Small businesses and self-insured individuals are liable for an Affordable Care Act fee that will add 2 to 2.5% to their health insurance premiums this year, according to the Wall Street Journal, http://tinyurl.com/m64n28j The fee does not apply to employers who self-insure. The fee is also not deductible from individual or corporate taxable income. What…

Hundreds of New Regulations

Regulations.gov lists 537 new or final federal rules published in the last 30 days. 517 proposed rules from all publishing dates are still open for comment. These include environmental regulations making coal fired power plants almost impossible to build and home woodstoves much more expensive. Banks and other financial institutions face new Dodd-Frank law regulations.…

All Regulations Are Local

Uber, a location-based limo service, has been excluded from many of the top 20 U.S. cities by local government regulations. See http://eeditionmobile.chicagotribune.com/Olive/Tablet/ChicagoTribune/SharedArticle.aspx?href=CTC%2F2014%2F01%2F06&id=Ar04100. The cab companies it displaces have fought back with new regulations designed to delay service, with lawsuits, and, indeed, with everything except lower prices and better service. What does this mean for your…