I attended a round table discussion held at the campus of Saint Anselm College to discuss the impact of the federal health insurance tax (HIT) and its effect on small businesses, if reinstated in 2020.

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I was quoted in the article:

Also in attendance was Al Letizio Jr., President of AJ Letizio Marketing in Windham, whose family-owned marketing agency has been serving the food and non-foods/disposable products industry for more than a century. Letizio said HIT will limit his ability to provide benefits for his employees.

“My sales and marketing firm has always provided full health insurance coverage for all employees and I’ve never asked [employees] to contribute a cent. However, because of the HIT tax, I won’t be able to do this for much longer,” Letizio said.
“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 myself 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, D.C. Congress must find a way to come together in a bi-partisan way to suspend this tax for 2020,” Letizio said.