Saturday, June 18, 2016

Small Business Taxes and ObamaCare

             
Employers must insure employees under ObamaCare; those who don’t offer coverage will pay a penalty.
                                           
Labor is a major cost for most small, non-manufacturing businesses, The net, bottom profit line often does not exceed 5% or 10%. With an added health tax, many entrepreneurs who would love to insure employees when they want to attract them, are not able to afford their employment. (See the Earl J. Weinreb NewsHole® comments and @BusinessNewshole at Twitter.)

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