Politics

Republicans Propose Tax Increase On Small Businesses In Latest Abortion Bill

| by Edward Arnold
Rep. Chris Smith.Rep. Chris Smith.

As Washington moves on from the State of the Union address, House Republicans continue on with what many see as a hostile agenda towards women.

On Jan. 22, the 42nd anniversary of the Supreme Court’s Roe v. Wade decision, GOP leadership passed the No Taxpayer Funding for Abortion Act in an attempt to block federal funding for abortions. The bill is unlikely to pass the Senate.

Along with blocking abortion funds for women in the military, the bill, written by Rep. Chris Smith, would restrict poor women and Washington, D.C. residents from receiving abortions paid for with federal funds. The bill will also raise taxes on roughly 87 percent of small businesses.

Rep. Chellie Pringree, a House Democrat from Maine, explained that the bill "penalizes small businesses that offer comprehensive health coverage to female employees." 

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A move to increase taxes on small businesses is something Republicans normally oppose, yet this legislation is another shot at the Affordable Care Act. Under the ACA exchange, small businesses receive a tax credit for providing health insurance to their employees. Around 87 percent of these businesses choose to include abortion coverage in their health plans.

The bill will cut the tax credit for businesses that cover abortions. Republicans are leaving small business owners with two choices: Drop the abortion coverage and continue to receive the tax credit or provide abortion coverage and lose the tax credit.

The legislation would also increase the transparency of abortion plans through proper disclosure and notification of abortion rights.

Last week, GOP leaders failed to pass the Pain-Capable Abortion bill after they proposed the measure under special rules. Now, House Republicans are “not quite ready” to move forward with the bill attempting to ban abortions after 20 weeks.

Town Hall reports the White House Office of Management and Budget released a statement issuing a veto threat against this newer abortion legislation.

"The legislation would intrude on women's reproductive freedom and access to health care; increase the financial burden on many Americans; unnecessarily restrict the private insurance choices that consumers have today; and restrict the District of Columbia's use of local funds, which undermines home rule."

Sources: The Huffington PostTown Hall, NBC News / Photo Credit: Wikimedia Commons