The tax madness is one of the reasons I don't come out of retirement and re-open my business. It is NUTZ!! and **very** expensive just to keep track of it all.
Also...I resent being the government's unpaid tax collector.
It is impossible burdensome and complex regulations that create the very barrier to entry into small business which HOBBLES the US economy. A section like 1706 is a very big part of it.
Only bigger companies can bear the record keeping and regulatory tracking burden, for a sole proprietor or small business it is TOO EXPENSIVE.
I wonder how many small business people would feel the same if the FairTax was instituted.