5% - I like Obamacare and hope they don’t change it.
66% - I don’t like Obamacare and hope they strike it down.
18% - I won’t be impacted either way.
11% - I don’t know.
As you can see, the Affordable Care Act is not popular among small business owners. The primary reason is it isn’t more affordable than what most of us already had, plus it has added extra regulatory complications to our lives.
But stay tuned, because sometime this coming week the Supreme Court will likely announce their decision on King v Burwell. This case has many implications that I’ve either written about or talked about with experts on my show. Here are the main points to keep in mind:
* If the decision goes against the Obama Administration, it would essentially void many of the law’s key components, making it a shadow of its former self.
* If the decision goes for the President, it would establish that the IRS can interpret laws as they see fit, rather than as written.
This may not be the most significant ruling in the history of the high court, but surely it’s one of them. Say a prayer for the Constitution.