[Congressional Record (Bound Edition), Volume 155 (2009), Part 14]
[House]
[Page 19572]
[From the U.S. Government Publishing Office, www.gpo.gov]




   MOST SMALL BUSINESSES SUBJECT TO DEMOCRATS' 8 PERCENT PAYROLL TAX

  (Mr. CAMP asked and was given permission to address the House for 1 
minute.)
  Mr. CAMP. Mr. Speaker, despite unemployment fast approaching 10 
percent--over 15 percent in my home State of Michigan--a new analysis 
shows the Democrats' health care plan could force as many as 61 percent 
of small businesses which already provide health insurance to pay a new 
8 percent payroll tax. The House Democrats' bill mandates employers 
must pay a minimum of 72.5 percent of the health insurance premiums for 
individuals and 65 percent for families. If an employer fails to do so, 
then it will be subject to a job- and wage-crushing 8 percent payroll 
tax.
  According to the Kaiser Family Foundation, the new mandate will hit 
small firms and their employees especially hard. The majority of those 
small firms that don't meet the Democrats' standards, up to 61 percent 
of small businesses, will pay that tax.
  The bottom line: more taxes and more costs that will hurt the very 
workers they are supposed to help.

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