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Repeal of O-care 1099 Provisions Passes Senate

Rasmussen poll the number of people wanting it repealed is going up.
 
pbrauer said:
Senate repeals health law's 1099 provision, sends bill to president - The Hill's Floor Action
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In a statement, the White House said it was "pleased Congress has acted to correct a flaw that placed an unnecessary bookkeeping burden on small businesses."
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Exactly. It was a HUGE flaw. The law stated that all companies would have to issue 1099s to every single vendor to whom they paid $600 or more in a calendar year...whether or not that vendor was a corporation, small business, individual...anybody. Calling it misguided is being kind. I can't believe it took months of wrangling to get it passed. Can't we ever do anything without partisan crap?
 
MaggieD said:
Exactly. It was a HUGE flaw. The law stated that all companies would have to issue 1099s to every single vendor to whom they paid $600 or more in a calendar year...whether or not that vendor was a corporation, small business, individual...anybody. Calling it misguided is being kind. I can't believe it took months of wrangling to get it passed. Can't we ever do anything without partisan crap?
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more to the point;why was this written in in the first place?
 
MaggieD said:
Exactly. It was a HUGE flaw. The law stated that all companies would have to issue 1099s to every single vendor to whom they paid $600 or more in a calendar year...whether or not that vendor was a corporation, small business, individual...anybody. Calling it misguided is being kind. I can't believe it took months of wrangling to get it passed. Can't we ever do anything without partisan crap?
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Not to mention the extra cost to the govt to have to track this information.
 
American said:
Not to mention the extra cost to the govt to have to track this information.
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good thing they told the CBO not to count administrative costs when figuring out the total cost, eh?
 
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