Saturday, November 12, 2011

Heath care bill's effect on small businesses?

There is no health care bill at this time. There is the House version and the Senate version. The House takes effect in 2013, the Senate in 2014, but taxes in both versions take effect immediately. They have to combine both versions into one bill. Since they are meeting behind closed doors, instead of making it public as Obama promised at least 8 times on the campaign trail, nobody knows what the final bill looks like. Whatever comes you can expect increased costs for your employees.

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