Posted on 07/24/2010 10:42:41 AM PDT by Libloather
Neal Boortz: ObamaCare has stealth IRS bomb
By Neal Boortz
Opinion 9:00 p.m. Friday, July 23, 2010
Now what was it that Princess Nancy Pelosi said?
Oh, yeah, I remember. It was something to the effect that we were going to have to go ahead and pass ObamaCare so that we could see what’s in it. I suppose that made sense, in a medical way; but it certainly wasn’t that smooth a move insofar as the electorate is concerned. The latest polls show that 56 percent of Americans want ObamaCare repealed. You’re about to discover yet another reason why:
Do you run a business? We’re talking everything from a law office to a mom-and-pop grocery store to a beauty shop to a car dealership. The law used to be that you would have to notify the IRS — through what is known as a 1099 form — of payments made to individuals or a partnership for labor or services they provided during the previous year.
Here comes ObamaCare to vastly expand your 1099 responsibilities starting in 2012. The rule will now be that if you are operating a business or a nonprofit organization, you are going to have to file a 1099 with the IRS for every single person or entity to whom you pay over $600 for any taxable year. “So what?” you say. “What’s the big deal?” Here are just a few examples of what businesses will have to do to comply with this one section of ObamaCare:
- You have a small landscaping service with one truck with a trailer on which you have about three lawn mowers and several weed eaters.
(Excerpt) Read more at ajc.com ...
Maybe this is why the ruling class wanted to be exempt from Commiecare™.
It’s for the children...
bump
my prediction: we will turn into a cash/barter economy.... until they go cashless. Then it is purely barter.
This is just the beginning, they want to eliminate small businesses entirely - they can’t control 100,000 small businesses, they would rather just have a 1,000 large businesses because it will be easier to strong-arm them.
I read about this back in May and groaned. As a staff of one (me), I've got enough on my plate already.
I hope the buttwipes that voted for this freak of an administration sink under the weight of the paperwork!
“Did you really think that we want those laws to be observed?” said Dr. Ferris. “We want them broken. You’d better get it straight that it’s not a bunch of boy scouts you’re up against—then you’ll know that this is not the age for beautiful gestures. We’re after power and we mean it. You fellows were pikers, but we know the real trick, and you’d better get wise to it. There’s no way to rule innocent men. The only power any government has is the power to crack down on criminals. Well, when there aren’t enough criminals, one makes them. One declares so many things to be a crime that it becomes impossible for men to live without breaking laws. Who wants a nation of law-abiding citizens? What’s there it that for anyone? But just pass the kind of laws that can neither be observed nor enforced nor objectively interpreted—and you create a nation of lawbreakers—and then you cash in on guilt. Now that’s the system, Mr. Rearden, that’s the game, and once you understand it, you’ll be much easier to deal with.”
Dr. Ferris to Hank Reardon in Ayn Rand's "Atlas Shrugged"
Mark
I guess everyone now needs to put their EIN’s on their billing documents.
Probably later they will move this down to encompass everyone.
I can envision the electric company ignoring our requests for their ID number, so we do backup withholding, which is what we are required to do if the payee does not provide his/her ID number. Then the electric company shuts off our power for nonpayment.
IMHO it is not just about total control, but we have a framework here for a VAT and if you screw up tax evasion baby you are now Al Capone.
Where I think they really are going with this is to try to stop a medical black market, by following your every dollar.
Also the 1099's in the banking bill now extend to coinage...
Glenn is right, the Consitutionally Limited Republic is over, and I know of no way to stop this other than it collapses under its own weight, because I do not see super-majorities to roll it back.
Amish Conversions Anyone?
BTW.... My CPA gnome tells me one of their parent orgs has taked to theObamatons and begged them not to do this, it is a paperwork nightmare and they have told them even more...
“my prediction: we will turn into a cash/barter economy”
Juat what I was thinking.
Cut your expenses or diversify your providers such that no one gets more than $600 of your business in any given calendar year. If that means that you produce vastly less, so be it. Think of all the people who get $600 from you in any given year, especially tax collectors, utilities, grocers, landlords, clothing stores, department stores, and more. The whole point of this exercise is to create huge impediments to economic productivity.
I’ve got family members who could be “healed” by this book,but the ponderous length is a pill too big for them to swallow. Thanks for the posting of this clip.
I’m not certain that Boortz’ interpretation is correct, but this looks like a very effective way to shut down self-employed individuals and small businesses from coast to coast.
And, of course, that’s just what communists, socialists, and progressives want to do. It’s so much easier to plan for and control a nation if its productive sector is comprised of a few behemoth corporations and labor unions. Since it’s so much better for the People if all recognize that they are dependent upon the State for their daily bread, it is essential to eradicate the false consciousness of independence that self-employment gives. Finally, it is also necessary to liquidate the hold-out reactionaries of the bourgeouisie. First, the State can destroy their livelihoods. If that doesn’t work ... well, history suggests what’s next.
It's just like the days of Stalin. Everything imaginable was made into a state crime, so the government could send anybody to jail any time they wanted - all "legally", of course.
The only thing still needed is for the bureaucrats who administer this abomination to officially label the miscreants "capitalist wreckers" and "hooligans" and then get on with it!
Small businesses will in cases where they can, be under $600 and just shift to different stores/suppliers when they can. They will buy things on craigslist. They will buy used when they can. They will go to Home Depot and get enough supplies to be under $600. Then to Lowes. Then to Ace. Then to True Value. Then to Menards. Then to whoever. They will do what they can to not increase their paperwork if they can. It may not be a big deal for certain small businesses to do extra 1099s, and certainly not some larger companies that are tracking that kind of info already. But there are ways a smaller small business may be able to avoid this.
Cut your electric usage under $600/year. That’s $50/month. That probably means little or no air conditioning, heating, or refrigeration. Absolutely essential usage only, closely monitored, and only at night (thanks to smart grid, when that comes). Don’t like to swelter? Just close every afternoon and many mornings for the four hot months during the summer; it’s not like you’ll get any business anyway with the economy collapsing as rapidly as it is.
In any case, cap’n’tax, more tax hikes, the bankrupting of coal, and the rest of the Obama energy policy will make electricity completely unaffordable or unavailable for such frivolous uses as air conditioning, heating, fans, refrigeration, lighting, communications, personal computers, other enhancements to creature comforts, and just about every other current use within the private sector.
And if you do backup withholding, consider it as an additional penalty paid from your personal after-tax profit as a gratuity in addition to your electric bill. That is, pay your electric bill as billed PLUS give the IRS the backup withholding on the electric bill plus backup withholding.
The day is coming and is almost now here, I fear, when most Americans devolve into a Third World existence but put their trust still in big government and not in Almighty God.
Wonder where they are going to warehouse all of the “non com-pliers” because I certainly will “not comply” I can’t ... besides I just won’t.
What if my Company was Canadian or Mexican or Chinese?
sheesh it just keeps getting worse and worse
TT
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