The Heritage Foundation - Leadership for America

July 23, 2009 April, Colorado writes:

Small businesses are already paying higher and higher insurance rates as the premiums rise each year. Something has to be done to lower the price of healthcare and bring down those ever increasing insurance premiums. My insurance premium went up yet again. I know that I pay for those who do not have insurance and end up in the emergency room. I would love to see a chart of how small businesses will be affected if nothing is done. Let’s get as many people covered as possible. Let’s get as many people paying in as possible. Let’s not allow the big insurance corporations to hold Americans hostage to ever-increasing premiums.

If you don’t like the President’s plan, then let’s hear your plan. The status quo just isn’t working. We have to come up with some kind of solution. Not taking any action is NOT a solution.

July 23, 2009 J.C. Hughes, Texas writes:

Such insanity is counterproductive. Don’t tell me the majority congressional Demagogues aren’t socialists. They’re the worst kind. They hide behind capitalist promoting sweet lies. And they’ll continue as long as they have a supportive audience. Choosing their replacements is long overdue. Hurry up 2010!

July 23, 2009 » Financial News Update - 07/23/09 NoisyRoom.net: Where liberty dwells, there is my country… writes:

[...] Chart: How 5.4% Surtax Hits Small Business, State by State [...]

July 23, 2009 mlgreen8753 writes:

I’ve been hearing a lot about this. Small businesses are just going to have to do what they always do…take the hit and find an intelligent way to adapt to these changes. Cut expenses in offline advertising and go online to sites like Adwido.

July 23, 2009 www.SBABG.org, Arizona writes:

Hi April,
I’m glad you asked. If you werelistening to the President, you’d think there weren’t any other proposals. of course, you’d be listening to a lie, but he’s good at that isn’t he now.

A better plan has been proposed called The Patient’s Choice Act.

See:

http://www.house.gov/ryan/PCA/

Of course, the president likes to ignore it, as do his Big Government cronies in congress, they much prefer to spin their lie as they as the acting do-gooders and everyone else as lazy folks who sit around and do nothing.

Write your rep and ask her or him to explain his/her stance on The Patient’s Choice Act.

http://www.sbabg.org

July 23, 2009 www.SBABG.org, Arizona writes:

April,
YOu could also check out another plan, the Health Care Freedom Plan proposed by Jim Demint. It’s far better than the Obama Plan.

http://demint.senate.gov/public/index.cfm?Fuseaction=PressReleases.Detail&PressRelease_id=0db98529-0230-3564-0e4b-fe84bdb1971b

Again, why haven’t you heard about these?

The Media? The President’s lying about it? Failure to look into the issue?

http://www.sbabg.org

July 24, 2009 Obamacare: Impact on Small Biz « CATinDC writes:

[...] Chart: How 5.4% Surtax Hits Small Business, State by State [...]

July 24, 2009 Daryl from Manheim, PA writes:

Curing what ails the health care system will never be accomplished by the government, nor will it be accomplished by insurance companies. Costs will continue to skyrocket no matter what either entity tries to accomplish. The only way to reign in health care cost is to ELIMINATE ALL THIRD PARTY PAYMENTS. Only when people have to foot the bill themselves will they get off their large calorie-induced lard asses and get back to exercising away MOST physical ailments. Dishwashers, remote controls, air-conditioning, home theaters, and all the other modern conveniences have turn this country into a weak, wimpy, crybaby nation that expects government to take care of all their frustrations of life. 95% of this countries citizens would rather be under socialist rule than physically fight for freedom and independence. I’m sorry Mr. Jefferson, we failed you and your American Revolutionists.

July 24, 2009 PhilMB from Broomall, PA writes:

I agree with Daryl - nothing done to either the current system or through ObamaCare will resolve the problems. Things that would ‘fix’ most of the problems will never get passed: Tort Reform - where the “Officers of the Court” are penalized heavily for bogus suits they bring where it is cheaper to settle than litigate; Elimination of Health Maintenance coverage from what should be Catastrophic Health Insurance; and Recognition that not everyone reacts the same way to a medication or medical procedure - Medicine an art, not a cast-in-stone formula. ObamaCare is a jack-hammer to the foundation of our society, let’s shut it down, permanently.

July 30, 2009 Fix Health Care Policy | Top 10 Reasons Obama's Health Care Plan Is Wrong for America writes:

[...] Higher Taxes Than Europe Hurt Small Businesses: A proposed surtax on the wealthy will actually hit hundreds of thousands of small business owners who are dealing with a recession. If it is enacted, America’s top earners and job creators will [...]

August 1, 2009 jeffrey wolk, moraga, ca writes:

I am confused. Let us say that I have incorporated my business and I have $1,000,000 in sales, $600,000 in expenses which includes a salary to me of $200,000 and $400,000 in net income. How would my business be taxed? Would my business be taxed at the $1,000,000 level or the $400,000 level? or something else? Thanks

August 4, 2009 William, Dallas writes:

Jeffery,

Assuming this is a pass-through entity (S-corp or Partnership or LLC), the surtax would be on your taxable income, which would be $600,000 (400,000 profit from business and $200,000 in wages.) Of course, your taxable income would be after itemized deductions.