Free Republic
Browse · Search
News/Activism
Topics · Post Article

This will drown small businesses in a sea of paperwork, kill the little economic growth that is there and cause thousands of people to be laid off..............
1 posted on 08/02/2010 10:15:27 AM PDT by Red Badger
[ Post Reply | Private Reply | View Replies ]


To: Red Badger

The idea that this will raise money is DUMB. They’re already accounted for on the tax info. This amounts to some kind of illogical and probably illegal audit. It’s like dumpster diving...


2 posted on 08/02/2010 10:22:02 AM PDT by Sacajaweau (What)
[ Post Reply | Private Reply | To 1 | View Replies ]

To: Red Badger

Word to GOP: Do not get involved.

Let the Dems who voted for this crap bill undo it on their own.


3 posted on 08/02/2010 10:22:38 AM PDT by nhwingut (Palin/Bachmann '12)
[ Post Reply | Private Reply | To 1 | View Replies ]

To: Red Badger

The IRS has already said that small businesses will not be required to report payments made by credit card


That is because the credit cards are reporting the information, not that it won’t be reported.


4 posted on 08/02/2010 10:27:34 AM PDT by PeterPrinciple ( Seeking the truth here folks.)
[ Post Reply | Private Reply | To 1 | View Replies ]

To: Red Badger

I seem to remember some promise about reducing cost through reducing paperwork and bureaucracy.
bwahahahah

We recently received an 864 page document from the feds full of new laws regulations and penalties...
defining 2 words which appeared in the original health care bill.
“meaningful use”

2 words => 864 pages.

Yes, paperwork and regulation burden will surely lessen further reducing cost and improving access just as planned in the original bill. < heavy /s >


5 posted on 08/02/2010 10:32:03 AM PDT by schwingdoc
[ Post Reply | Private Reply | To 1 | View Replies ]

To: Red Badger
Four Senate Democrats, led by Sen. Mark Begich (D., Alaska), also called on IRS in a letter earlier this month to minimize the burden on businesses from the provision. They said they weren't looking to repeal it.

Please fix our mistake for us.

The IRS has already said that small businesses will not be required to report payments made by credit card. It is accepting public comments on implementation of the law and mulling additional ways to ease the requirement.

So now you have to track how the purchase was paid for? What if you have a vendor you make purchases from both with checks and credit cards? Will the minimum purchase requirement be $600 in checks, or $600 total.

The problem congressional Democrats face, if they make changes to the law, is how to replace the revenue that was to be generated for the health-care overhaul.

No one expected any real revenue to be made from this. They just strong-armed the CBO into estimating that it would bring in a few billion dollars extra so they could spend that too.

6 posted on 08/02/2010 10:33:03 AM PDT by KarlInOhio (Gun control was originally to protect Klansmen from their victims. The basic reason hasn't changed.)
[ Post Reply | Private Reply | To 1 | View Replies ]

To: Red Badger

This provision, along with any content of Obamacare, is irrelevant since it unconstitutional on its face as Article 1 Section 8 does not specifically list regulating helath care as an enumerated power! The people are not bound to comply with an unconstitutional act! It is time for people to defend the Constitution by openly defying this marxist regime!


7 posted on 08/02/2010 10:33:56 AM PDT by Man50D (Fair Tax, you earn it, you keep it! www.FairTaxNation.com)
[ Post Reply | Private Reply | To 1 | View Replies ]

To: Red Badger
This is just one of who knows how many new requirements in this 5000 plus page bill. While Congress couldn't be bothered to even read it, we are required to not only read it, but COMPLY WITH IT. We could be arrested, fined thousands of dollars, lose our homes and businesses, have our children taken away or who knows what else if we don't comply with some unknown rule or regulation in this behemoth.

Now, if you were to make the government unhappy somehow, maybe by complaining about the tanning tax, some government jackbooted thug could 'find' some obscure regulation you failed to comply with and harass you forever.

12 posted on 08/02/2010 12:49:28 PM PDT by sportutegrl
[ Post Reply | Private Reply | To 1 | View Replies ]

To: Red Badger

It will also DROWN the IRS in a sea of paperwork from which they could never hope to escape. If the Republicans were smart they’d filibuster any changes and force the Dems to live with the consequences of their actions.


13 posted on 08/02/2010 1:07:32 PM PDT by Buckeye McFrog
[ Post Reply | Private Reply | To 1 | View Replies ]

To: Red Badger

*


18 posted on 08/02/2010 5:03:57 PM PDT by PMAS
[ Post Reply | Private Reply | To 1 | View Replies ]

To: Red Badger

someone tell me how the hell there is a Democrat from Alaska in the Senate??


19 posted on 08/02/2010 5:12:31 PM PDT by MikefromOhio (There is no truth to the rumor that Ted Kennedy was buried at sea.....)
[ Post Reply | Private Reply | To 1 | View Replies ]

Free Republic
Browse · Search
News/Activism
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson