tax on "small Employers"

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SMALL EMPLOYER.—For purposes of this subsection, the term ‘small employer’ means any employer for any calendar year if the annual payroll of such employer for the preceding calendar year does not exceed $400,000.

So folks it’s not businesses that make a PROFIT of $400,000, it’s businesses with a PAYROLL of $400,000 that mandates the tax! This bill doesn't just target the "evil rich people" earning over $250,000, it will affect thousands of small businesses. Small businesses who create 70% off the jobs in our economy.