Research on the last seven recessions shows that small businesses generate about two out of every three new jobs during the recovery. But this time around the Obama administration has crippled the ability small businesses to lead the way in new hiring with their job killing Obamacare legislation.
Not only does the bill slap small businesses with an employment tax, new tax reporting requirements, and tons of new regulations, but it is also an unconstitutional extension of federal government power.
Our nation’s small businesses are fighting back. The National Federation of Independent Businesses, the leading small business association representing small and independent businesses, has joined 20 states and other organization in their federal lawsuit challenging the constitutionality of the President’s new health care law. In the embedded video watch as real small business owners from across the country describe how Obamacare has forced them to not hire and sometimes even let go current employees.
You can read the NFIB’s Fact Pattern, here. They have a whole page devoted to the health care lawsuit here. And you can read The Heritage Foundation’s research on Why the Personal Mandate to Buy Health Insurance Is Unprecedented and Unconstitutional, here.