Congress should address HIT

We need our representatives in Congress to take action to stop the Health Insurance Tax (HIT) that will go into effect next year because of federal healthcare reform. The HIT will be passed from health insurance companies to small businesses and the self-employed through higher premiums. Small businesses should be targeted in this way.

My company, Superstructures, Inc., is a contracting firm that designs and builds large commercial and industrial buildings. The HIT would cost us an additional $500 each and every year to cover my foreman and myself, and other small businesses in Alaska would face a similar problem. In the end, it’s the local communities that would lose.

Small businesses are what keep our economy growing, and I am very concerned that additional costs will cause some companies to lay off workers or possibly go out of business altogether. Increased taxes would also make it more difficult for businesses to continue supporting charitable organizations within their own communities that depend on them for donations. Congress must act now to pass The Jobs and Premium Protection Act in order to repeal the HIT and protect small businesses and tight-knit communities like the ones we have here in Alaska.

More

Letters to the editor

Panel discussion on homelessness productive

Read more

Support the University of Alaska

It is time to speak up to support the University of Alaska. By 2025, 65 percent of the jobs in Alaska... Read more

Funding education is an obligation

I’m writing you all to express my concern over the proposed cuts to our education. I consider education to be our obligation to our youth.... Read more

Book sale proceeds benefit Kenai library, community

“Let us tenderly and kindly cherish, therefore, the means of knowledge. Let us dare to read, think, speak, and write.” –... Read more

Around the Web