New Hampshire Business Leaders Urge Congress to Immediately Delay Health Insurance Tax

“My sales and marketing firm has always provided full health insurance coverage for all of our employees and I’ve never asked them to contribute a cent. However, because of the HIT tax, I won’t be able to do this for much longer,” said Al Letizio Jr., co-founder of A.J. Letizio Sales & Marketing. “With thousands of New Hampshire small businesses facing similar choices, the HIT tax does real economic damage to small business owners, their employees and families. It limits the ability of small business owners like me to hire more employees, and it undermines our efforts to take good care of our employees by increasing their salaries and benefits. For my small business, the HIT tax directly takes hundreds, if not thousands of dollars out of my company’s budget that would otherwise be allocated to wage increases for my employees. Instead, that hard earned money will be sent to Washington DC. Congress must come together in a bi-partisan fashion before the end of the year to suspend this tax for 2020.”