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Repealing the 1099 Reporting Requirement: A Big Win for Small Business
The White House Blog ^ | 4/17/11 | Administrator Karen Mills

Posted on 04/17/2011 3:46:27 PM PDT by Nachum

Ed. note: This was originally posted on the Small Business Administration blog.

Today, President Obama signed a law that removes the expanded “1099” reporting requirement from the Affordable Care Act. This is a big win for small businesses.

The SBA and President Obama supported repealing this provision, which would have required businesses to send 1099 forms for all purchases of goods and services over $600 annually. With this bipartisan effort, we have removed a requirement that would have been an undue barrier to small business growth.

The many benefits of the health reform law for small businesses remain in place. These tools are already helping small business owners find more affordable and accessible coverage for themselves and their employees.

(Excerpt) Read more at whitehouse.gov ...


TOPICS: News/Current Events
KEYWORDS: business; repealing; reporting; requirement

1 posted on 04/17/2011 3:46:34 PM PDT by Nachum
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To: Nachum

Repeal Obamamcare. ALL of it.


2 posted on 04/17/2011 3:48:00 PM PDT by BenLurkin (This post is not a statement of fact. It is merely a personal opinion -- or humor -- or both)
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To: Nachum

they add all kind of nasty surprises in the bill that “must be passed to see what’s in it” then they want credit for removing one of them?

What an age we live in.


3 posted on 04/17/2011 3:48:18 PM PDT by Christian Engineer Mass (25ish Cambridge MA grad student. Many conservative Christians my age out there? __ Click my name)
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To: Christian Engineer Mass
Exactly. Obama creates and enacts the legislation then takes credit for eliminating provisions. What a guy!
4 posted on 04/17/2011 3:52:22 PM PDT by Rational Thought
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To: Nachum

The arsonist who sets a forest ablaze gets credit for putting out a campfire.


5 posted on 04/17/2011 3:53:25 PM PDT by pnh102 (Regarding liberalism, always attribute to malice what you think can be explained by stupidity. - Me)
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To: Nachum

Big $hit. The rest of the pile of manure is still in place.


6 posted on 04/17/2011 3:54:06 PM PDT by Nonstatist
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To: Christian Engineer Mass

” they add all kind of nasty surprises in the bill that “must be passed to see what’s in it” “

If memory serves, this was one of the provisions that we knew was there *before* Obamacare passed - and our feeble mewl of protest was duly ignored by the Dems who passed it, and, in turn, Obama who signed it into law....

To recap - we knew it was there, and we tried to tell ‘em it was a bad idea — and now, almost a year and a half later, they figure out that we were right all along, and they rescind it, and *THEY* claim the ‘hero’s credit’ for ‘fixing’ the law....

Sheesh......

Sh


7 posted on 04/17/2011 3:54:38 PM PDT by Uncle Ike (Rope is cheap, and there are lots of trees...)
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To: Nachum

A smart Republican Congress wouldn’t have passed this law - getting rid of the 1099 fiasco. Taking pain out of obamacare only makes it more difficult to get rid of the whole thing...


8 posted on 04/17/2011 3:55:12 PM PDT by ICCtheWay
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To: BenLurkin

The Reps made a big mistake in allowing this change to be made. You don’t repair something that should be discarded in its entirety. Let the full pain of the system manifest itself.


9 posted on 04/17/2011 4:08:44 PM PDT by kabar
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To: ICCtheWay

What was the point of the 1099 regulation anyway? Were they trying adding a tax on those exchanges or just trying to track money at a really finite level?


10 posted on 04/17/2011 4:28:30 PM PDT by USNBandit (sarcasm engaged at all times)
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To: Nachum
Hussein signed the job-crushing 1099 form requirement INTO LAW.

He and his butt kissers in the media and the Congress can shove it. Pretending like he wants to repeal it now....what an idiot.

11 posted on 04/17/2011 4:35:28 PM PDT by Recovering_Democrat
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To: pnh102
"The arsonist who sets a forest ablaze gets credit for putting out a campfire."

I was thinking the same thing. This is not a "big win" for anyone; it's akin to the removal of but one cancerous tumor from a patient that has 40 of them. If the whole damn thing isn't repealed it's a Communist victory over freedom. The Republicans should make Obama eat this disgusting law, in its entirety. The people are behind them, but they're just too damn stupid to know it, or too cowardly to do it. A vast, powerful political movement has started, (the Tea Party), because the President is a tyrant and most of us get it. Pity our elected RINO leaders don't get it. Oh well, I guess we can't expect a man who weeps at the drop of a pin to stand up against a thug like Barry Soetero.

12 posted on 04/17/2011 4:35:35 PM PDT by jiminycricket000
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To: USNBandit
They said it would bring in a bazillion dollars.

Let's make sure they take any other attachments to this out....like the 10,000 people to be hired at ridiculous government salaries to log the crap.

13 posted on 04/17/2011 4:40:41 PM PDT by Sacajaweau
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To: Sacajaweau

**** “Let’s make sure they take any other attachments to this out....like the 10,000 people to be hired at ridiculous government salaries to log the crap.” *****

They are going to need that many Prison Guards ... a good percentage of them just to watch me.

TT


14 posted on 04/17/2011 4:47:21 PM PDT by TexasTransplant (Radical islam is real islam. Moderate islam is the trojan horse.)
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To: Nachum

A smart selfless Republican Congress wouldn’t have passed this law - getting rid of the 1099 fiasco.

If you are saying they shouldn't have passed the 1099 thing so as to force the issue; exactly, and ditto for #9. The whole intent of ObamaCare is to put control of our health in centralized government's power. This was obvious from the start, and was perpetrated using the "crisis" of unaffordable healthcare (there were numerous other ways to resolve the "crisis"). Although they gave a show, Republican politicians shed no tears over the passage of ObamaCare since it only creates more apparent work, or importance, for them, ad infinitum, just as much as Democrats.

They know this. They are lawyers. They know their importance, and their demand, depends on the imposed laws of manipulation.

This is what the Tea Party fight is about.

Johnny Suntrade

15 posted on 04/17/2011 4:49:43 PM PDT by jnsun (The Left: the need to manipulate others because of nothing productive to offer.)
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To: Nachum

Two steps forward, one step back.


16 posted on 04/17/2011 5:02:02 PM PDT by Texas Eagle (If it wasn't for double-standards, Liberals would have no standards at all -- Texas Eagle)
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To: Rational Thought

Sorta like the story I heard in AA this girl gets up and says I l steal you wallet but i will help you look for it


17 posted on 04/17/2011 5:07:45 PM PDT by al baby (Hi Mom!!! <sarc>)
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To: Nachum
This is considered a "win"?

By which propaganda agency?

We are supposed to prostrate ourselves in slavish gratitude for having a state of affairs that had existed for decades restored to the way it was?

We are supposed to collapse out of relief that the all-powerful, all-seeing, all-knowing government has perhaps seen .75% of the error of its' ways and in this quite exceptional, indeed unique instance, agreed to reverse its course? Is this supposed be a trend of regulatory relief we extrapolate from this particular example of one?

This is Stockholm syndrome, and attempting to conduct a private business under this regime is an exercise in wondering what diktat you are about to violate next, about what new state of affairs or what law you will be in violation of tomorrow. About what new proclamation you will have to conform to, if it doesn't flat-out obsolete and destroy entirely the underlying methodology of your business.

And that is why "nobody" will start or expand a business under this regime. And that is why this economy is and will continue to be a zombie other than computer-driven stock trading.

18 posted on 04/17/2011 5:31:01 PM PDT by Attention Surplus Disorder (Which has more wrinkles? Helen Thomas' face or Lawrence O'Donnells' panties?)
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To: Nachum

He and no one else can nullify any part of 1099. It was passed in totem with no severability clause.


19 posted on 04/17/2011 5:37:32 PM PDT by Vendome ("Don't take life so seriously... You'll never live through it anyway")
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To: Nachum

Since there is no severability in obamacare, can’t it now be argued in court that the entire 2000+ pages are now also deemed “repealed”???


20 posted on 04/17/2011 6:09:45 PM PDT by Suz in AZ
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To: Suz in AZ

You can make any legal or ethical argument for its repeal and the administration will greet the objection with obfuscation, catterwalling, and out right lies.


21 posted on 04/17/2011 6:26:48 PM PDT by Nachum (The complete Obama list at www.nachumlist.com)
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To: Nachum

I wasn’t going to comply anyway.


22 posted on 04/17/2011 7:34:50 PM PDT by backwoods-engineer (Any politician who holds that the state accords rights is an oathbreaker and an "enemy... domestic.")
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To: USNBandit

The Demorats probably wanted to do both ...


23 posted on 04/17/2011 8:09:59 PM PDT by ICCtheWay
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To: al baby

LOL....that’s pretty good!


24 posted on 04/17/2011 8:26:39 PM PDT by Rational Thought
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