Tuesday, November 30, 2010

Senate votes to continue ObamaCare 1099 nonsense

"And it was inevitable that some of these people pushed back..."
Ray Bradbury, The Martian Chronicles.

A majority in the Senate still does not get it. Americans are furious about government overreach.

The vengeance will belong to voters in 2012 and beyond.

From The Hill:
The Senate on Monday night defeated two amendments designed to ease the tax-filing requirements for small businesses.

Senators voted 61-35 — six votes short of the necessary 67 — to reject an amendment by Sen. Mike Johanns (R-Neb.) that would strip a provision from the new healthcare law that requires businesses to report supply purchases of $600 or more with a single vendor. Likewise, the chamber voted 44-53 to defeat Sen. Max Baucus' (D-Mont.) amendment, which would accomplish the same provision but is unpaid-for. That amendment also required 67 votes.

At issue is a section of the new healthcare law that requires businesses, charities and state and local governments to file 1099 reports for all transactions above $600 per year. The votes also represented a noteworthy showdown between Johanns and Baucus, who presented a similar idea but did not fund it through offset spending cuts.

Johanns said his approach was wiser since it was funded through unspent federal monies, directing the federal Office of Management and Budget to cut $39 billion in funds that would have been generated by the 1099 mandate.
The burden business faces because of the 1099 mandate means fewer jobs--heck, it means fewer businesses. Some will simply just shut their doors.

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