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Breaking:Small Business Exemption For Obamacare Taxes Changed From 50 to 5 Employees. Jobs Killer!

 

Via Indiana Business News

January 13, 2009

Small businesses with 50 or fewer employees were to be exempt from new, expensive healthcare mandates and penalties under the Senate’s healthcare reform bill. But language slipped into the bill at the last minute—and voted on without many Senators even realizing it—altered that exemption from 50 employees to only five employees (and $250,000 in payroll) for businesses in the construction industry.

 

“This provision is a job-killer, plain and simple,” said Barbara Quandt, state director of Indiana’s leading small business association, the National Federation of Independent Business. “Senator Reid’s back room deal is threatening thousands of Hoosier small businesses and putting their employees and families in jeopardy, and we need our congressional delegation to strip this from final healthcare legislation.”

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