Report: Reform’s Tax Credit Could Affect Hiring Practices
Tax credits included in the federal health reform law designed to encourage small businesses to provide health coverage to employees could have an adverse effect on hiring practices, according to a report from the National Center for Policy Analysis. The report predicts that the tax credit might discourage some small businesses from hiring more workers because companies would be ineligible for the tax credit once they reach a certain number of employees.
- "Report: Health Care Law Tax Credits Encourage Small Businesses To Stay Small, Not Hire" (Heflin, "On the Money," The Hill, 5/23).