The 1099 Tsunami

By on May 28, 2010 in Big Government, Taxation
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Yet another piece of the Obamacare monstrosity. Gary North writes:

Earlier this year, some staffer in some office on Capitol Hill dutifully inserted a provision into the health insurance bill that will force businesses to file 1099 forms on every transaction with another business for over $600. Buy a $601 used car for your business? You must file a 1099.

Read the full article here

About Michael Boldin

Michael Boldin [send him email] is the founder of the Tenth Amendment Center. He was raised in Milwaukee, WI, and currently resides in Los Angeles, CA. Follow him on twitter - @michaelboldin, on LinkedIn, and on Facebook.
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1 comments
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theunknownamerican
theunknownamerican

You must think that turbo tax is as annoying as I do. I prefer the old fashion method of paper anyways.

Trackbacks

  1. » The 1099 Tsunami says:
    December 3, 2011 at 5:31 am

    [...] The 1099 Tsunami [...]

  2. Tweets that mention The 1099 Tsunami | Tenth Amendment Center Blog -- Topsy.com says:
    May 28, 2010 at 8:52 pm

    [...] This post was mentioned on Twitter by TenthAmendmentCenter, liberty activist and kirby harris, Eric Morgan. Eric Morgan said: ♺ @TenthAmendment: #10th: The 1099 Tsunami http://blog.tenthamendmentcenter.com/2010/05/the-1099-tsunami/ [...]