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New 1099 Requirement is HALF GONE

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  • New 1099 Requirement is HALF GONE

    As part of it's activity to repeal health care reform, the Senate did pass a removal of the new 1099 requirement for small transactions. I expect the House will agree. From Firedoglake.com

    http://news.firedoglake.com/2011/02/...9-requirement/

  • #2
    Re: New 1099 Requirement is HALF GONE

    Thanks for that; nice one.

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    • #3
      Re: New 1099 Requirement is HALF GONE

      Would Obama veto? Apparently the money "found" from this was to help pay for Obamacare.

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      • #4
        Re: New 1099 Requirement is HALF GONE

        Originally posted by flintlock View Post
        Would Obama veto? Apparently the money "found" from this was to help pay for Obamacare.
        I don't see the president vetoing this -the money involved is small, and it would be bad politics to stick this back onto business and take the whole blame for it himself.

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