A lot of entrepreneurs are excited about the Supreme Court of the United States (SCOTUS) upholding the Patient Protection and Affordable Care Act (PPACA), more commonly known as Obamacare. They think it will mean free healthcare and better access to healthcare. But here are some reasons why it actually hurts entrepreneurs:
- The tax credit for providing health insurance to employees only extends to businesses with 25 employees or fewer. For entrepreneurs wanting to grow their businesses, this means that, once they hit 26 employees, they'll lose their tax credit. Either this means forego the tax credit or forego expansion.
To read the full, original article click on this link: Five reasons why Obamacare is not good news for entrepreneurs - Springfield Entrepreneurship | Examiner.com
