The healthcare legislation being debated in Washington, D.C. includes a provision
requiring all employers to pay for and provide healthcare for all employees or face
substantial penalties & taxes (“The Employer Mandate”).
We are in a low margin business and cannot afford this requirement. The employer
mandate provision of the proposed healthcare reform legislation will have severe
economic consequences to the restaurant industry.
Please take a moment to review the information provided by this
website and contact your senators and representatives to voice your
opinion. The legislation is being debated now, so please act quickly.
“Small Business Faces Big Bite”, WSJ, July 15, 2009 – WASHINGTON - House Democrats on Tuesday unveiled sweeping health-care legislation that would hit all but the smallest businesses with a penalty equal to 8% of payroll if they fail to provide health insurance to workers.
The House bill, which also would impose new taxes on the wealthy estimated to bring in more than $544 billion over a…Click for full story
“The Pelosi Jobs Tax”, WSJ, July 30, 2009 – WASHINGTON – Even many Democrats are revolting against Speaker Nancy Pelosi’s 5.4% income surtax to finance ObamaCare, but another tax in her House bill isn’t getting enough attention. To wit, the up to 10-percentage point payroll tax increase on workers and businesses that don’t provide health insurance. This should put to rest the illusion that no one making less than $250,000 in income will pay higher taxes…Click for full story