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Author Topic: Senate votes to repeal the 1099 requirement for business from Healthcare bill  (Read 1190 times)

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Offline Chris_

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Senate votes to repeal the 1099 requirement for business from Healthcare bill
« on: February 03, 2011, 10:19:09 AM »
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Senate votes to repeal the 1099 requirement for business from Healthcare bill

Small business cheered yesterday as a bi-partisan vote in the Senate took place to repeal the 1099 requirement that was placed into the massive Healthcare bill passed last year.  This requirement had been seen as a massive 'tax' on both people, and small businesses as it would have required anyone performing any transaction equaling or exceeding $600.00 to issue a 1099 form as part of the process.

President Obama spoke about the 1099 requirement in his State of the Union address as something the Democrats would be willing to compromise on, and as you can see by the 81-19 vote in the Senate, both sides moved quickly to address it.
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Offline JohnnyReb

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Re: Senate votes to repeal the 1099 requirement for business from Healthcare bill
« Reply #1 on: February 03, 2011, 10:31:25 AM »
And next week they'll be talking about how many jobs that would have made and how the republicans killed them.
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Offline SSG Snuggle Bunny

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Re: Senate votes to repeal the 1099 requirement for business from Healthcare bill
« Reply #2 on: February 03, 2011, 10:54:37 AM »
They repealed a law that doesn't exist.

Judge Vinson voided HCR.
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Offline dandi

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Re: Senate votes to repeal the 1099 requirement for business from Healthcare bill
« Reply #3 on: February 03, 2011, 10:56:40 AM »
Quote from: SGT Snuggle Bunny on February 03, 2011, 10:54:37 AM
They repealed a law that doesn't exist.

Judge Vinson voided HCR.

Interesting, but what is the remedy for these nipple-heads to act as if nothing has happened?
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