Tax Reform ATR believes that all consumed income should be taxed one time, at one low and flat rate. Link
GET INVOLVED
ATR ON TWITTER
FOLLOW US-
Groups who advocated for the IRS to prepare tax returns sure look foolish these days: http://t.co/oKvpIofu7Y
May 13, 2013 06:30 PM
taxreformer -
"We don't need the federal government mandating additional taxes..." -@MarshaBlackburn on MFA: http://t.co/lAuLJtr5t3 #NoNetTax
May 13, 2013 06:00 PM
taxreformer -
Health insurers and businesses are already feeling the iron-clad grip of regulations in #Obamacare: http://t.co/J6dfnKqFYZ
May 13, 2013 05:30 PM
taxreformer -
Virginia Governor Bob McDonnell Signs Largest Tax Hike in Virginia History into Law http://t.co/Qd6KOFfaPv
May 13, 2013 03:46 PM
taxreformer -
Under #Obamacare, mothers have had a tougher time purchasing non-prescription, over-the-counter medicine: http://t.co/dJuaGAT9LE
May 13, 2013 02:01 PM
taxreformer -
9 out of 20 #Obamacare tax hikes have not even been implemented yet: http://t.co/opFkyf1guJ
May 13, 2013 01:30 PM
taxreformer -
.@GroverNorquist on MFA: "[The Senate] didn't ask all of the questions that needed to be asked": http://t.co/wXfkIR2Ca9 #NoNetTax
May 13, 2013 01:01 PM
taxreformer -
"When architects of #Obamacare are worried about it creating a trainwreck, you know something's gone terribly wrong": http://t.co/J6dfnKqFYZ
May 13, 2013 12:30 PM
taxreformer -
Conservative and Free Market Groups Applaud Move to Delay a Vote on Gina McCarthy: http://t.co/lNQYmJAB12 #EPA
May 13, 2013 12:02 PM
taxreformer -
The #Obamacare train wreck will derail the American economy: http://t.co/opFkyf1guJ
May 13, 2013 11:30 AM
taxreformer
Email
Print
Senate to Vote on 1099 Repeal,
Energy Tax Hike
We just got word that the Senate may be voting on two versions of repealing the Obamacare "1099-MISC" information reporting requirement.
To recap, this tax hike in Obamacare would require that all businesses issue a 1099-MISC tax form to any person or business with whom they do at least $600 in total business over the course of the year. That means gathering tax information and issuing tax forms to every airline, restaurant, office supply store, car rental agency, etc. with whom your small business does business.
Even the IRS says they can't comply with all the resulting paperwork.
There are two amendments at the desk which would repeal this tax hike on America's small businesses. Senator Debbie Stabenow (D-Mich.) would repeal the tax hike and "pay for" it with a spending rescission. So, a win-win.
Unfortunately, Senator Carl Levin (D-Mich.) also has an amendment that would repeal the tax hike, but replace it with another series of tax hikes on energy companies. This would result in higher energy prices for all Americans.
The best solution is to repeal the 1099 provision. A spending cut would be nice, but not necessary. Another tax hike is a total non-starter.
Posted by Ryan Ellis 
on Wednesday, February 2, 2011 5:10 PM EST
on Wednesday, February 2, 2011 5:10 PM ESTTo follow Ryan Ellis's RSS feed click here. To follow them on Twitter, their handle is @ryanlellis
