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Thread: Gold Coin Sellers Angered by New Tax Law

  1. #31
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    Re: Gold Coin Sellers Angered by New Tax Law

    Quote Originally Posted by Reverend_Hellh0und View Post
    Death by a thousand cuts. Is taxing small businesses like this really what we need right now?
    so........they have to report as other businesses report? so what? and the guy who said he would have to pay 2 employees to deal with hte reporting can't be much of a business man....all it takes is a computer program.

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    Re: Gold Coin Sellers Angered by New Tax Law

    If this was hidden in the healthcare bill, makes you wonder what is hidden in the financial deform bill. Maybe a tax on each pound a person is overweight.

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    Re: Gold Coin Sellers Angered by New Tax Law

    Quote Originally Posted by liblady View Post
    so........they have to report as other businesses report? so what? and the guy who said he would have to pay 2 employees to deal with hte reporting can't be much of a business man....all it takes is a computer program.
    Read the thread or the article. This is a new reporting requirement. Every business in America will have to send out thousands more 1099s each year.

    Hmmm, think I'll go into the 1099 printing business.

    • "The America Republic will endure until the day Congress discovers that it can bribe the public with the public's money." -- Alexis de Tocqueville





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    Re: Gold Coin Sellers Angered by New Tax Law

    Quote Originally Posted by Reverend_Hellh0und View Post
    Death by a thousand cuts. Is taxing small businesses like this really what we need right now?
    Of course not.
    "He who does not think himself worth saving from poverty and ignorance by his own efforts, will hardly be thought worth the efforts of anybody else." -- Frederick Douglass, Self-Made Men (1872)
    "Fly-over" country voted, and The Donald is now POTUS.

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    Re: Gold Coin Sellers Angered by New Tax Law

    Quote Originally Posted by liblady View Post
    so........they have to report as other businesses report? so what? and the guy who said he would have to pay 2 employees to deal with hte reporting can't be much of a business man....all it takes is a computer program.
    You based this assertion on what?
    "He who does not think himself worth saving from poverty and ignorance by his own efforts, will hardly be thought worth the efforts of anybody else." -- Frederick Douglass, Self-Made Men (1872)
    "Fly-over" country voted, and The Donald is now POTUS.

  6. #36
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    Re: Gold Coin Sellers Angered by New Tax Law

    Gee, I wonder where this idea came from....


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    Re: Gold Coin Sellers Angered by New Tax Law

    Quote Originally Posted by ptif219 View Post
    Why was it hidden in the healthcare bill?
    Don't know. Ask the Democrats. No wait. They haven't read the bill.
    The devil whispered in my ear, "You cannot withstand the storm." I whispered back, "I am ​the storm."

  8. #38
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    Re: Gold Coin Sellers Angered by New Tax Law

    Quote Originally Posted by Gill View Post
    Between this requirement and health care reform penalties, the IRS will have to double in size. Guess that's one way to help unemployment.
    All ready taken care of.....

    The Internal Revenue Service will function as the government’s chief enforcer for health care reform... monitoring both businesses and individuals to certify whether they have the insurance coverage the government requires.

    The [IRS] will [monitor and enforce] compliance with the individual and employer insurance mandates... how and when health care is paid for, when health insurance is purchased... [and] minimum level[s] of health insurance.... [The] IRS [will] monitor individuals and employers and punish those who do not comply.

    Every individual and most businesses [will be] required to report to the IRS, on their tax returns, whether they have purchased or provided the required level of coverage and disclose to the IRS which months, if any, in which they failed to do so....

    How will they accomplish these new job responsibilities? They will hire 16,500 new IRS agents, to be paid for with $10 billion of taxpayers' money, according to the Congressional Budget Office (CBO). The additional funding, which was not included in the bill's $940 billion price tag, will be necessary to carry out the IRS's new health care insurance monitoring and enforcement duties, says the CBO.
    The sickest part of health care reform? The IRS gets bigger, on our dime

    My bet is that somewhere in one of these other 2000+ page bills is even more funding or a new bureaucracy to track this stuff, but hey…… elections have consequences.
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  9. #39
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    Re: Gold Coin Sellers Angered by New Tax Law

    Quote Originally Posted by Crunch View Post
    All ready taken care of.....



    The sickest part of health care reform? The IRS gets bigger, on our dime

    My bet is that somewhere in one of these other 2000+ page bills is even more funding or a new bureaucracy to track this stuff, but hey…… elections have consequences.
    I wonder what TurboTax will look like in a couple of years.
    "He who does not think himself worth saving from poverty and ignorance by his own efforts, will hardly be thought worth the efforts of anybody else." -- Frederick Douglass, Self-Made Men (1872)
    "Fly-over" country voted, and The Donald is now POTUS.

  10. #40
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    Re: Gold Coin Sellers Angered by New Tax Law

    Quote Originally Posted by texmaster View Post
    Thats really sad you would attack his health problems because you don't like his positions.
    What else do you expect from libs?
    There is no such thing as a “Natural Born Dual-Citizen“.

    Originally Posted by PogueMoran
    I didnt have to read the article to tell you that you cant read.

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