Rob Bishop: “If I could add just one element to that concept of $250,000, because I agree with you, if $250,000 was a salaried…”

“If I could add just one element to that concept of $250,000, because I agree with you, if $250,000 was a salaried employee, that's pretty good money. The only problem is, in all of these equations it applies to the business world as well, in which almost every small businessman is grossing at least $250,000. I know in my district--once again, I said Utah has more small businesses on average than most States do. And in my district, almost 98 percent of those, according to the IRS, will have a bottom line that's above $250,000. So it means the taxes that are imposed are also imposed to the business community. It's one of the reasons why the State of Utah, when they looked at a reform for health care in the State of Utah, tried to come up with a policy that would give a consistent number to small business so they knew how to plan for what the health care cost would be and can come up with a defined contribution level they could give their employees, who could then go to the exchange and buy something that fits into what they need. But that consistency is extremely important.”