Tuesday, November 13, 2012

Obamacare and Non-Profits


Many people know that Obamacare is a disaster and will affect millions of people directly through higher taxes and penalties.  There is one issue that many Americans do not realize and will be a direct result of Obamacare and what you may ask that is?  Obamacare is going to destroy the non-profit sector in the United States of America.

Many Americans give to non-profits, charities, and churches to help their local communities.  I am one of those Americans that gives out the generosity of my heart because I feel local money and local decisions get better results because we understand the needs of our own communities.  The problem of Obamacare is that it is going to hurt many people that give to non-profits.  If you get hit with an additional $3,000-$4,000 tax bill because you have a good health insurance or you don't have health insurance so you now have to pay a penalty you start to look for ways to cut back.

Americans will look for a way to cut back so they can afford rent, mortgage, car payment, insurance, and utilities and that list goes on.  Non-profits are going to suffer, but the government did not tell you that did they?  The government machine does not want you to know that non-profits will suffer and will give government more power to give away your hard earned money to groups and people that you did approve of giving your money to.  The government wants to squeeze out non-profits without saying it or doing it directly so why have Obamacare do it for them.

Churches will suffer also in not only their gifts from their congregations, but also for food banks and other help they provide for communities.  The government does not like competition so the squeeze is on, but if you are in the leadership of the church you can't speak out or face losing your non-profit status.  Ironic isn't it?  It's like trying to be in business against a company that can print money and borrow money on an almost unlimited basis.  Irony in this situation is dangerous to our local communities and non profits.  The government continues to acquire more power over our paychecks and now non-profits are in danger of being put out of business.

Many non-profits get matching funds from private companies or even government funding, but they must meet certain fundraising goals so without the private money coming in they serve less people and the government creeps in again on the non-profit sector.  Now private companies will be hurt on their bottom lines with Obamacare.  Many are starting to announce layoffs and positioning themselves to make a profit so soon you will see many companies cut charitable givings to survive this Obamacare nightmare.  Remember elections have consequences and this is one of them.

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