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More ObamaTax wage cuts

We've mentioned how the ObamaTax has adversely affected college faculty by forcing incentivizing institutions to reduce hours to avoid health insurance fines taxes.

FoIB Holly R reports that this trend is, in fact, picking up steam:

"Maricopa Community Colleges are cutting 1,300 temporary workers back to less than 25 hours a week"

Even though the relevant portion of the ObamaTax doesn't take effect until 2014, the government plans to use a "one year lookback" provision (similar to COBRA compliance determination) to see if any fines taxes will be due.

And the train-wreck keeps on rollin'.

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