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Small Business And Health Care

Floor Speech

Date: Oct. 1, 2009
Location: Washington, DC
Issues: Health and Health Care

Mr. BUCHANAN. Madam Speaker, affordable health care is critical to our country, but let's not forget small business. They create 70 percent of the jobs in Florida. Ninety-nine percent of all businesses in Florida are small businesses, but yet in this debate we're looking at charging small businesses an 8 percent tax on payroll. That's like a fixed expense.

They're also looking to raise taxes up to 45 percent, with a 5.4 in sunsetting President Bush's tax. So, again, 45 percent. A lot of that's pass-through income for many of our small companies.

These taxes will kill jobs. The 8 percent alone, they're talking, will put 20 percent of our businesses out of business in Florida. I know. I've been in business for 30 years.

Let's help our small businesses. Small businesses create the jobs. We can cannot afford to tax them to death. It needs to be about the economy and jobs.


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