WILMINGTON, N.C., March 22, 2013– Small businesses owners and advocates met today to discuss efforts to repeal the costly Health Insurance Tax (HIT) that was included in the president’s health care plan, the Patient Protection and Affordable Care Act (PPACA).
“Health care costs have reliably risen for years, making it difficult for my business to expand,” said Tom Crittenden, owner of Tidewater Heating and Air Conditioning. “The health insurance tax is just another increase in costs and another challenge when I want to hire additional employees. I hope Congress repeals this new tax so that small businesses like mine can continue to grow and create jobs.”
“In many of the small communities of North Carolina, small businesses are essential to their economies,” said Gregg Thompson, North Carolina State Director for the National Federation of Independent Businesses. “These businesses cannot withstand another increase in taxes. For this reason, we support efforts in the House and Senate to repeal the health insurance tax, which can only harm North Carolina businesses, their employees and their families.”