The Impact of the Health Insurance Tax

The Affordable Care Act enacted a number of new taxes, but one hits the small business community harder than others: the health insurance tax.

The Affordable Care Act enacted a number of new taxes, but one hits the small business community harder than others: the health insurance tax.

Over the next 10 years, the health insurance tax will exceed $145 billion, the cost of which will largely fall to small businesses and their employees. Small business owners across the country have expressed concern about the health insurance tax and the impact on their businesses and employees. Denise Brammer, owner of Branch Brook Campground in Litchfield County, CT, said it best: “Our country needs small companies to grow and help rejuvenate the economy, not close their doors because of a new, unfair tax.”

Read more at America's Health Insurance Plans' blog: http://bit.ly/19MHljP