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Health Care Tax Hikes Will Hurt Small Business

Floor Speech

Date: Oct. 28, 2009
Location: Washington, DC
Issues: Health and Health Care

Ms. FOXX. Mr. Speaker, some of the most harmful components of the Democrats' proposed government takeover of health care are the heavy mandates and taxes placed on business. Under the Democrat bill, small businesses are required to offer government-approved insurance or pay an 8 percent tax on their entire payroll. This is the mother of all mandates. Its effect will be wide-ranging job losses and devastation to small businesses. Small businesses cannot handle $800 billion in new taxes to pay for a government takeover of health care.

Small business people are not going to take this lying down. Groups like the Chamber of Commerce, that understand the needs of business best, have been working hard to illustrate just how harmful the Democrat proposals will be to small businesses and communities across the country.

Mr. Speaker, we need to tackle health care reform in a constructive way that does not destroy the small business people who make our economy work.


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