American Businesses to Congress: Delay the 40 Percent Tax on Health Benefits
Employers large and small, with unionized and non-unionized workforces, agree – Congress should delay the 40 percent tax on health benefits.
“America’s largest employers oppose the 40 percent tax because it threatens health care innovation and could end up limiting important wellness and prevention benefits that promote better health and reduce overall cost growth.”
– John Engler, President, Business Roundtable
“If Congress doesn’t act, this tax will push costs higher and it will steadily unravel employer-sponsored coverage, the backbone of our health care system.”
– Thomas J. Donohue, President and CEO, U.S. Chamber of Commerce
“This new tax will affect an estimated 82 percent of manufacturing businesses by 2023. Our companies want to ensure a happy and healthy workforce, but this tax poses yet another challenge to achieving that important goal.”
– Jay Timmons, President and CEO, National Association of Manufacturers
Support a two-year delay of the 40 percent tax. Give Congress and the Administration time to protect health benefits.
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