ObamaCare's coming costs
Employees laid off in fear of costs?
- Duration 4:16
- Date Nov 12, 2012
Employees laid off in fear of costs?
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This transcript is automatically generated
Where the president signed Health Care Reform many small businesses were concerned that they couldn't afford it.
And now the president has won reelection and it appears to health care law will stand that paid for reality is start setting interest right now is.
Three Papa John's locations down in the Houston area Judy Nichols who's been struck from behind for good morning to -- Judy.
-- -- say OK Judy with obamacare going forward.
The wave of the law reads -- if you've got fifty or more employees you've got to spend 2000 dollars per employee to provide health care.
How many employees do you have on your payroll.
And now what are you -- -- have to do.
We're currently we have 51 full time equivalents -- the -- years 2013.
-- we have to manage down on our staffing by for part time -- two full time people.
Over that Tony thirteen year from the beginning to the end.
Are we qualify as big business and that -- among 40000 dollar tax and 2000 dollars per head -- we can't afford that it's just pizza.
He hit his just pizza but it's also business.
And you know it is it can be a very lucrative business and I understand.
And you've been on the program before talking about how you had recently purchased a lot of land to put another Papa John's on it.
And where to those plans stand right now.
There -- terminated we we had put it on hold hoping that.
The government might revisit this issue so that we can grow and and and 75 jobs but.
They're not gonna revisit it and we just can't afford the tax that growth would would -- and were too small for that but we'd be called big business now.
We have fell on.
Last week -- -- ankle and he told us he even has a bunch Applebee's here in this.
New York City area he said essentially that he's not going to be able build more locations and because he can't hire any more people because.
Obamacare would just.
Cost him too much money because then they'd have to either raise prices soar or -- Is that kind of the same situation you're in.
Lawyer at a price of pizza -- have been ten dollars for a very very long time and we've had -- for minimum wage increases.
This is basically a minimum wage increase commodities are up diesel feels up and it touches everything we do.
Have my profit margins over the last twenty years of sharp from ten to 2%.
And you just -- -- pay the bills every month right now -- -- -- making money you know kid anyway I didn't think that's your money there for.
That thing about -- mrs.
Judy is the idea is you wanna get bigger and bigger and have more locations but now under this obamacare thing.
With the cut off at fifty you can only go so far before you hit the -- Indian speaking of -- you know I wanted to go into business for myself so I wouldn't have ceilings put on me and corporate America I can only get promoted so far.
And now I I cannot grow my daughter's eighteen this year she's left the house I don't have to be a full time mom anymore I wanted to be a full time career woman again.
And I was so us ready for growth we were gonna -- a hundred jobs this year with with the new pizza restaurants and even some grocery stores.
And and there's just no money for it I I cannot pay my staff and pay all these taxes it just.
There's only so much pledging to have -- -- -- -- from pizzas just ten bucks like you said.
-- -- Judy -- -- -- had I don't understand why these folks wanna keep boycotting companies that say you know.
This has an impact on the bottom line if you're gonna boycott every restaurant company that says the health care a lot has an impact on the lot bottom line.
Be prepared to cook at home a lot because it's affecting every restaurant.
-- -- every restaurant that you.
A new home -- tuition they don't want to spend money on health care they don't need to their healthy.
I know exactly what you mean all right Judy nichols' -- today from Houston in particular much per share your story.
Replace -- given us voice you bet that's what we do here all right.