Small-business health care tax cut proves elusive
A small furniture firm with 24 workers and average pay of 35 000 misses a tax credit touted as broadly available for firms under 25 workers and 50 000 average wages. The formula effectively disqualifies many near the limits, sparking concerns of a bait and switch and revealing the law's complexity. Hoffman relied on online calculators and found consistent results across sources.
MENTIONED IN THIS ARTICLE
Washington, D.C
Zach Hoffman
Barack Obama
Hoffman
Ers
Linda Blumberg
The
Urban Institute Public Policy Center
Blumberg
House Energy and Commerce Committee
Wiley Office Furniture
Springfield, Ill
Lawmakers agree to extend unemployment benefits
Lawmakers reach a bill to extend expanded unemployment benefits through year end and maintain COBRA health insurance subsidies for the long term unemployed. The package also extends about 50 tax breaks for one year and adds 24 billion dollars for states Medicaid costs financed by targeted tax increases.
MENTIONED IN THIS ARTICLE
Washington, D.C
House
Senate
Congress
Rep
Sander Levin
D-Mich
Ways and Means Committee
Levin
Sen
Max
Baucus
D-Mont
Senate Finance Committee
Gulf of Mexico
Barack Obama
Also Mentioned on This Page
MrCerretial .Com
Taney
Medical Oncology Associates
P.C
Funes
GSRA
MUA
Society Hill Drive
Aiken
Vilage
Cee
Werner
Parks
Athens
Fffivvent Affondibie Tear
Rosad Heating & Cooley
Batalla
Gan Credit Grothe
Arly
Odenture