Employer Coalition Commends Senators Barrasso and Hatch on Introduction of Legislation to Repeal the Health Insurance Tax on Millions of Small Businesses and Self-Employed
Employer Coalition Commends Senators Barrasso and Hatch on Introduction of Legislation to Repeal the Health Insurance Tax on Millions of Small Businesses and Self-Employed
Employer Coalition Commends Senators Barrasso and Hatch on Introduction of Legislation to Repeal the Health Insurance Tax on Millions of Small Businesses and Self-Employed
INDIANAPOLIS, Ind., March 19, 2013 – The Stop the HIT Coalition, a broad-based group representing the nation’s small business owners, their employees and the self-employed, today commended John Barrasso (R-Wyo.) and Orrin Hatch (R-Utah) for introducing legislation to repeal the Health Insurance Tax (HIT) included in the Patient Protection and Affordable Care Act (PPACA).
“Senators Barrasso and Hatch took a critical step today in protecting the financial futures of millions of small businesses and their employees,” said National Federation of Independent Business President and CEO Dan Danner. “By protecting small businesses from yet another burdensome tax, this bill will ensure companies can continue to hire and offer a much-needed boost to their local economies.”
The HIT is an often-overlooked small business tax in the President’s health care law that threatens to raise premiums by an estimated $500 a year for small business owners, their employees and the self-employed. With more than 450,000 small businesses that employ more than 2.6 million workers, this tax could serve as a chief obstacle to Indiana’s economic growth.
According to a study released today by the National Federation of Independent Business Research Foundation, the HIT would reduce private sector employment by between 146,000 and 262,000 in 2022. Roughly 59 percent of these job losses will fall on small businesses. The survey also showed that the added tax would reduce U.S. real output (sales) in 2022 by between $19 billion to $35 billion.
“This is a commonsense bill that will enable me to focus on what matters most, running my business,” Beth Rovazzini, owner of B&W Plumbing, Heating and Air Conditioning Co. said. “Instead of worrying about how to pay yet another tax, I’ll be able to spend my time on finding ways to expand and grow my business.”
Over the course of the next 10 years, the HIT will impose more than $100 billion in new taxes on health care plans in the fully-insured market, where 88 percent of small businesses and the self-employed purchase insurance. According to an analysis by former Congressional Budget Office Director Douglas Holtz-Eakin, every family affected by the HIT can expect to pay approximately $5,000 in higher premiums over the decade.
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The Stop The HIT Coalition represents the nation’s small business owners, their employees and the self-employed who are actively working to repeal the Health Insurance Tax. Since the Coalition’s formation in 2011, it has grown to include more than 35 national organizations, representing millions of small business owners across the country. For more information, please visit www.StopTheHIT.com.
Employer Coalition Commends Senators Barrasso and Hatch on Introduction of Legislation to Repeal the Health Insurance Tax on Millions of Small Businesses and Self-Employed
Employer Coalition Commends Senators Barrasso and Hatch on Introduction of Legislation to Repeal the Health Insurance Tax on Millions of Small Businesses and Self-Employed
FARGO, N.D., March 19, 2013 – The Stop the HIT Coalition, a broad-based group representing the nation’s small business owners, their employees and the self-employed, today commended Senators John Barrasso (R-Wyo.) and Orrin Hatch (R-Utah) for introducing legislation to repeal the Health Insurance Tax (HIT) included in the Patient Protection and Affordable Care Act (PPACA).
“Senators Barrasso and Hatch took a critical step today in protecting the financial futures of millions of small businesses and their employees,” said National Federation of Independent Business President and CEO Dan Danner. “By protecting small businesses from yet another burdensome tax, this bill will ensure companies can continue to hire and offer a much-needed boost to their local economies.”
The HIT is an often-overlooked small business tax in the President’s health care law that threatens to raise premiums by an estimated $500 a year for small business owners, their employees and the self-employed. With more than 60,000 small businesses that employ more than 300,000 workers, this tax could serve as a chief obstacle to North Dakota’s economic growth.
According to a study released today by the National Federation of Independent Business Research Foundation, the HIT would reduce private sector employment by between 146,000 and 262,000 in 2022. Roughly 59 percent of these job losses will fall on small businesses. The survey also showed that the added tax would reduce U.S. real output (sales) in 2022 by between $19 billion to $35 billion.
“At the end of the day, small business owners like me have to find a way to balance the books,” said Harlan Goerger, president of H. Goerger and Associates in Fargo, ND. “Repealing the HIT will free up funds that will allow me to grow my business and possibly add more workers.”
Over the course of the next 10 years, the HIT will impose more than $100 billion in new taxes on health care plans in the fully-insured market, where 88 percent of small businesses and the self-employed purchase insurance. According to an analysis by former Congressional Budget Office Director Douglas Holtz-Eakin, every family affected by the HIT can expect to pay approximately $5,000 in higher premiums over the decade.
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The Stop The HIT Coalition represents the nation’s small business owners, their employees and the self-employed who are actively working to repeal the Health Insurance Tax. Since the Coalition’s formation in 2011, it has grown to include more than 35 national organizations, representing millions of small business owners across the country. For more information, please visit www.StopTheHIT.com.
Employer Coalition Commends Senators Barrasso and Hatch on Introduction of Legislation to Repeal the Health Insurance Tax on Millions of Small Businesses and Self-Employed
CHARLOTTE, N.C., March 19, 2013 – The Stop the HIT Coalition, a broad-based group representing the nation’s small business owners, their employees and the self-employed, today commended John Barrasso (R-Wyo.) and Orrin Hatch (R-Utah) for introducing legislation to repeal the Health Insurance Tax (HIT) included in the Patient Protection and Affordable Care Act (PPACA).
“Senators Barrasso and Hatch took a critical step today in protecting the financial futures of millions of small businesses and their employees,” said National Federation of Independent Business President and CEO Dan Danner. “By protecting small businesses from yet another burdensome tax, this bill will ensure companies can continue to hire and offer a much-needed boost to their local economies.”
The HIT is an often-overlooked small business tax in the President’s health care law that threatens to raise premiums by an estimated $500 a year for small business owners, their employees and the self-employed. With more than 800,000 small businesses that employ more than 3.5 million workers, this tax could serve as a chief obstacle to North Carolina’s economic growth.
According to a study released today by the National Federation of Independent Business Research Foundation, the HIT would reduce private sector employment by between 146,000 and 262,000 in 2022. Roughly 59 percent of these job losses will fall on small businesses. The survey also showed that the added tax would reduce U.S. real output (sales) in 2022 by between $19 billion to $35 billion.
“The HIT is a health care reform tax on insurers that is being passed through to small employers driving up their costs. This works in direct opposition to the intent of the ACA on getting more employers to provide coverage,” said Todd Yates, Managing Partner of Hill, Chesson &Woody. “Small businesses fight to overcome hurdles every day just to remain viable in today’s economy. Repealing the HIT allows more small businesses to provide health care coverage directing more of their limited resources to help them grow.”
Over the course of the next 10 years, the HIT will impose more than $100 billion in new taxes on health care plans in the fully-insured market, where 88 percent of small businesses and the self-employed purchase insurance. According to an analysis by former Congressional Budget Office Director Douglas Holtz-Eakin, every family affected by the HIT can expect to pay approximately $5,000 in higher premiums over the decade.
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The Stop The HIT Coalition represents the nation’s small business owners, their employees and the self-employed who are actively working to repeal the Health Insurance Tax. Since the Coalition’s formation in 2011, it has grown to include more than 35 national organizations, representing millions of small business owners across the country. For more information, please visit www.StopTheHIT.com.
Employer Coalition Commends Senators Barrasso and Hatch on Introduction of Legislation to Repeal the Health Insurance Tax on Millions of Small Businesses and Self-Employed
BANGOR, Maine, March 19, 2013 – The Stop the HIT Coalition, a broad-based group representing the nation’s small business owners, their employees and the self-employed, today commended Senators John Barrasso (R-Wyo.) and Orrin Hatch (R-Utah) for introducing legislation to repeal the Health Insurance Tax (HIT) included in the Patient Protection and Affordable Care Act (PPACA).
“Senators Barrasso and Hatch took a critical step today in protecting the financial futures of millions of small businesses and their employees,” said National Federation of Independent Business President and CEO Dan Danner. “By protecting small businesses from yet another burdensome tax, this bill will ensure companies can continue to hire and offer a much-needed boost to their local economies.”
The HIT is an often-overlooked small business tax in the President’s health care law that threatens to raise premiums by an estimated $500 a year for small business owners, their employees and the self-employed. With more than 140,000 small businesses that employ more than 500,000 workers, this tax could serve as a chief obstacle to Maine’s economic growth.
According to a study released today by the National Federation of Independent Business Research Foundation, the HIT would reduce private sector employment by between 146,000 and 262,000 in 2022. Roughly 59 percent of these job losses will fall on small businesses. The survey also showed that the added tax would reduce U.S. real output (sales) in 2022 by between $19 billion to $35 billion.
“It is great to see Congress take action on an aspect of the health care law that will have such an immediate impact on millions of people like me,” said Rick and Lori Snow, co-owners of Maine Indoor Karting in Scarborough. “Burdening small businesses and their employees with another tax is not the way to make health care more affordable or accessible.”
Over the course of the next 10 years, the HIT will impose more than $100 billion in new taxes on health care plans in the fully-insured market, where 88 percent of small businesses and the self-employed purchase insurance. According to an analysis by former Congressional Budget Office Director Douglas Holtz-Eakin, every family affected by the HIT can expect to pay approximately $5,000 in higher premiums over the decade.
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The Stop The HIT Coalition represents the nation’s small business owners, their employees and the self-employed who are actively working to repeal the Health Insurance Tax. Since the Coalition’s formation in 2011, it has grown to include more than 35 national organizations, representing millions of small business owners across the country. For more information, please visit www.StopTheHIT.com.
Employer Coalition Commends Senators Barrasso and Hatch on Introduction of Legislation to Repeal the Health Insurance Tax on Millions of Small Businesses and Self-Employed
NEW ORLEANS, La., March 19, 2013 – The Stop the HIT Coalition, a broad-based group representing the nation’s small business owners, their employees and the self-employed, today commended Senators John Barrasso (R-Wyo.) and Orrin Hatch (R-Utah) for introducing legislation to repeal the Health Insurance Tax (HIT) included in the Patient Protection and Affordable Care Act (PPACA). Representative Charles Boustany (R-Lafayette) introduced partner legislation in the House of Representatives earlier this year.
“Senators Barrasso and Hatch took a critical step today in protecting the financial futures of millions of small businesses and their employees,” said National Federation of Independent Business President and CEO Dan Danner. “By protecting small businesses from yet another burdensome tax, this bill will ensure companies can continue to hire and offer a much-needed boost to their local economies.”
The HIT is an often-overlooked small business tax in the President’s health care law that threatens to raise premiums by an estimated $500 a year for small business owners, their employees and the self-employed. With more than 390,000 small businesses that employ more than 1.6 million workers, this tax could serve as a chief obstacle to Louisiana’s economic growth.
According to a study released today by the National Federation of Independent Business Research Foundation, the HIT would reduce private sector employment by between 146,000 and 262,000 in 2022. Roughly 59 percent of these job losses will fall on small businesses. The survey also showed that the added tax would reduce U.S. real output (sales) in 2022 by between $19 billion to $35 billion.
“Small businesses are an important part of the economic growth of every community,” said Mike Mitternight, owner and president of Factory Service Agency in Metairie, LA. “It is great to see elected officials who recognize this fact and are willing to step up and do something to help stop this additional burden from hurting our businesses and employees.”
Over the course of the next 10 years, the HIT will impose more than $100 billion in new taxes on health care plans in the fully-insured market, where 88 percent of small businesses and the self-employed purchase insurance. According to an analysis by former Congressional Budget Office Director Douglas Holtz-Eakin, every family affected by the HIT can expect to pay approximately $5,000 in higher premiums over the decade.
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The Stop The HIT Coalition represents the nation’s small business owners, their employees and the self-employed who are actively working to repeal the Health Insurance Tax. Since the Coalition’s formation in 2011, it has grown to include more than 35 national organizations, representing millions of small business owners across the country. For more information, please visit www.StopTheHIT.com.
Employer Coalition Commends Senators Barrasso and Hatch on Introduction of Legislation to Repeal the Health Insurance Tax on Millions of Small Businesses and Self-Employed
DOVER, Del., March 19, 2013 – The Stop the HIT Coalition, a broad-based group representing the nation’s small business owners, their employees and the self-employed, today commended Senators John Barrasso (R-Wyo.) and Orrin Hatch (R-Utah) for introducing legislation to repeal the Health Insurance Tax (HIT) included in the Patient Protection and Affordable Care Act (PPACA).
“Senators Barrasso and Hatch took a critical step today in protecting the financial futures of millions of small businesses and their employees,” said National Federation of Independent Business President and CEO Dan Danner. “By protecting small businesses from yet another burdensome tax, this bill will ensure companies can continue to hire and offer a much-needed boost to their local economies.”
The HIT is an often-overlooked small business tax in the President’s health care law that threatens to raise premiums by an estimated $500 a year for small business owners, their employees and the self-employed. With more than 70,000 small businesses that employ nearly 390,000 workers, this tax could serve as a chief obstacle to Delaware’s economic growth.
According to a study released today by the National Federation of Independent Business Research Foundation, the HIT would reduce private sector employment by between 146,000 and 262,000 in 2022. Roughly 59 percent of these job losses will fall on small businesses. The survey also showed that the added tax would reduce U.S. real output (sales) in 2022 by between $19 billion to $35 billion.
“For all the problems in Washington, this is a necessary change that should have the support of every member of Congress,” Tim Boulden of Boulden Propane said. “The way the HIT singles out small business for this tax increase is truly unfair and will have serious consequences. The HIT really needs to be repealed.”
Over the course of the next 10 years, the HIT will impose more than $100 billion in new taxes on health care plans in the fully-insured market, where 88 percent of small businesses and the self-employed purchase insurance. According to an analysis by former Congressional Budget Office Director Douglas Holtz-Eakin, every family affected by the HIT can expect to pay approximately $5,000 in higher premiums over the decade.
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The Stop The HIT Coalition represents the nation’s small business owners, their employees and the self-employed who are actively working to repeal the Health Insurance Tax. Since the Coalition’s formation in 2011, it has grown to include more than 35 national organizations, representing millions of small business owners across the country. For more information, please visit www.StopTheHIT.com.
Employer Coalition Commends Senators Barrasso and Hatch on Introduction of Legislation to Repeal the Health Insurance Tax on Millions of Small Businesses and Self-Employed
DENVER, Colo., March 19, 2013 – The Stop the HIT Coalition, a broad-based group representing the nation’s small business owners, their employees and the self-employed, today commended Senators John Barrasso (R-Wyo.) and Orrin Hatch (R-Utah) for introducing legislation to repeal the Health Insurance Tax (HIT) included in the Patient Protection and Affordable Care Act (PPACA).
“Senators Barrasso and Hatch took a critical step today in protecting the financial futures of millions of small businesses and their employees,” said National Federation of Independent Business President and CEO Dan Danner. “By protecting small businesses from yet another burdensome tax, this bill will ensure companies can continue to hire and offer a much-needed boost to their local economies.”
The HIT is an often-overlooked small business tax in the President’s health care law that threatens to raise premiums by an estimated $500 a year for small business owners, their employees and the self-employed. With more than 500,000 small businesses that employ more than two million workers, this tax could serve as a chief obstacle to Colorado’s economic growth.
According to a study released today by the National Federation of Independent Business Research Foundation, the HIT would reduce private sector employment by between 146,000 and 262,000 in 2022. Roughly 59 percent of these job losses will fall on small businesses. The survey also showed that the added tax would reduce U.S. real output (sales) in 2022 by between $19 billion to $35 billion.
“Too often politics gets in the way of doing what is right. Considering the far-reaching impact of the HIT, this should not be one of those issues,” said Paul Faraci, managing partner of Faraci Wolanske LLC in Denver, Colorado. “Working to help small businesses and their employees will benefit all Coloradans in some way.”
Over the course of the next 10 years, the HIT will impose more than $100 billion in new taxes on health care plans in the fully-insured market, where 88 percent of small businesses and the self-employed purchase insurance. According to an analysis by former Congressional Budget Office Director Douglas Holtz-Eakin, every family affected by the HIT can expect to pay approximately $5,000 in higher premiums over the decade.
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The Stop The HIT Coalition represents the nation’s small business owners, their employees and the self-employed who are actively working to repeal the Health Insurance Tax. Since the Coalition’s formation in 2011, it has grown to include more than 35 national organizations, representing millions of small business owners across the country. For more information, please visit www.StopTheHIT.com.
Employer Coalition Commends Senators Barrasso and Hatch on Introduction of Legislation to Repeal the Health Insurance Tax on Millions of Small Businesses and Self-Employed
LITTLE ROCK, Ark., March 19, 2013 – The Stop the HIT Coalition, a broad-based group representing the nation’s small business owners, their employees and the self-employed, today commended Senators John Barrasso (R-Wyo.) and Orrin Hatch (R-Utah) for introducing legislation to repeal the Health Insurance Tax (HIT) included in the Patient Protection and Affordable Care Act (PPACA).
“Senators Barrasso and Hatch took a critical step today in protecting the financial futures of millions of small businesses and their employees,” said National Federation of Independent Business President and CEO Dan Danner. “By protecting small businesses from yet another burdensome tax, this bill will ensure companies can continue to hire and offer a much-needed boost to their local economies.”
The HIT is an often-overlooked small business tax in the President’s health care law that threatens to raise premiums by an estimated $500 a year for small business owners, their employees and the self-employed. With more than 240,000 small businesses that employ more than one million workers, this tax could serve as a chief obstacle to Arkansas’ economic growth.
According to a study released today by the National Federation of Independent Business Research Foundation, the HIT would reduce private sector employment by between 146,000 and 262,000 in 2022. Roughly 59 percent of these job losses will fall on small businesses. The survey also showed that the added tax would reduce U.S. real output (sales) in 2022 by between $19 billion to $35 billion.
“Small business is the lifeblood of our local and national economy, so it is nice to see Senators Barrasso and Hatch walk the walk and take real action to protect them,” said Van Tilbury, President & CEO of East-Harding Construction Company in Little Rock. “This is legislation that will have a real, every day impact on millions of people in Arkansas and around the country.”
Over the course of the next 10 years, the HIT will impose more than $100 billion in new taxes on health care plans in the fully-insured market, where 88 percent of small businesses and the self-employed purchase insurance. According to an analysis by former Congressional Budget Office Director Douglas Holtz-Eakin, every family affected by the HIT can expect to pay approximately $5,000 in higher premiums over the decade.
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The Stop The HIT Coalition represents the nation’s small business owners, their employees and the self-employed who are actively working to repeal the Health Insurance Tax. Since the Coalition’s formation in 2011, it has grown to include more than 35 national organizations, representing millions of small business owners across the country. For more information, please visit www.StopTheHIT.com.