Phone: 513.336.0125
Business Advocacy
Senate Health Care = New Taxes, Fines, Fees and Mandates!
A health care bill currently being considered in the U.S. Senate would increase government spending on health care by $848 billion in the first ten years after passage and could cost trillions after that. In addition to a dramatic increase in government spending, the Patient Protection and Affordable Care Act includes more than $200 billion in news taxes and numerous fines and penalties for employers and individuals who fail to obtain enough coverage to meet yet-to-be-determined government standards.A new excise tax would be included on high-premium insurance plans, equal to 40 percent of premiums paid on plans costing more than $23,000 annually for families and $8,500 for an individual. The Medicare payroll tax hike would be increased on couples with income of more than $250,000 a year from 1.45 percent to 1.95 percent. Companies with more than 200 employees would be required to automatically enroll employees in plans and companies with more than 50 full-time workers that do not offer coverage would pay a fee as high as $750 per worker.
Click here to tell Sens. Voinovich and Brown to oppose more taxes, more costs and more mandates
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Don't forget; it's your business!
