Over the weekend I heard Republican TV pundits saying that small businesses could not afford Obamacare.
I did a quick Google search on tax credits and found this...
National Federation of Independent Businesses
2012 Health Insurance Reform Tax Credit Calculator for Small Business
Quote:
Does your business qualify for the healthcare law's new
small business tax credit on health insurance?
If so, how big is your credit?
Instructions: Fill in variables for rows A, B, C, & D and click "update."
B cannot be larger than A.
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Somehow, such a employee expense, or total business expense of ~$3,700
does not convince me that the business would fail.