SemperFiUSMC
Master
- Jun 23, 2009
- 3,480
- 38
Here's the biggest single threat to liberty that's come along in 20 years. And it's already law.
Obamacare included a provision that all businesses must track and issue 1099s to anyone they pay more than $600 per year. Read the article to see some of the various issues this onerous provision introduces.
The new 1099 rules will drive the IRS into everyone's pocket. Small businesses will go underground or shut down, or be seized for failure to comply. And for what? To catch the first or second guy in the food chain that do business in cash.
This bill will kill small businesses. It will ensure that only large business with the manpower and resources to comply are allowed to conduct commerce. It will limit your choices as a consumer, and cause upward price pressures on all goods. It is bad and must be stopped.
An Ugly Side Effect of New 1099 Law: More Tax Evasion - FoxBusiness.com
Obamacare included a provision that all businesses must track and issue 1099s to anyone they pay more than $600 per year. Read the article to see some of the various issues this onerous provision introduces.
The new 1099 rules will drive the IRS into everyone's pocket. Small businesses will go underground or shut down, or be seized for failure to comply. And for what? To catch the first or second guy in the food chain that do business in cash.
This bill will kill small businesses. It will ensure that only large business with the manpower and resources to comply are allowed to conduct commerce. It will limit your choices as a consumer, and cause upward price pressures on all goods. It is bad and must be stopped.
An Ugly Side Effect of New 1099 Law: More Tax Evasion - FoxBusiness.com