OFFICIALS LEGISLATION INTEREST GROUPS PUBLIC STATEMENTS COMMITTEES VETOES

Stop the Taxing on Small Business

Date: July 16, 2009
Location: Washington, DC
Issues: Business and Consumers Taxes Health Insurance


STOP THE TAXING ON SMALL BUSINESS -- (House of Representatives - July 16, 2009)

BREAK IN TRANSCRIPT

Mr. BUCHANAN. Madam Speaker, this past week I held a town hall meeting in North Port, Florida. More than 300 people showed up.

A common theme at the forum was that the government should not nationalize health care. My constituents don't want a one-size-fits-all system where bureaucrats choose your treatments and doctors. My constituents want to make their own medical choices.

Some in Congress are rushing to bring a complex and far-reaching health care bill to the House floor within the next 2 weeks. This plan has numerous challenges in it.

First, it imposes an 8 percent tax on small businesses who don't offer health insurance to their employees. Most of these family-run businesses want to offer health care insurance but can't afford it. It's an 8 percent tax not on profit but on overhead. It becomes overhead. It's an 8 percent expense.

How does taxing small business help us get out of the worst economic recession in more than a century? This is a job killer, not a job creator.

Let's work together and make it better for small business and stop the taxing on small business.

BREAK IN TRANSCRIPT


Source
arrow_upward