Saturday, February 05, 2011

The 1099 Repudiation

During the debate on healthcare PPACA (pee pee and caca) virtually everyone alarmed by the taking over of our choices pointed out the problems with the 1099. Why didn't Democrats see it then? Because they are sheep, milling around, bleating, running away from the herd dog trying desperately to keep them from going over the cliff. The 1099 form would have been one more way to destroy American small business--they can't fool me--the big corporations wouldn't have batted an eyelash and would have passed the costs along to the consumer as they gobbled up smaller companies.

"Democrats now claim that the infamous 1099 business reporting mandate that the Senate repealed this week was an accident, as if they were as surprised as everyone else to learn that this destructive provision had crept by itself into law. The truth is that the 1099 rule emerged from the same core ideology as ObamaCare, and its overwhelming repudiation by Democrats may be an important inflection point in the health-care debate."

Review Outlook: The 1099 Repudiation -

No comments: