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To: Truth29; Mrs. B.S. Roberts

NOT at all sarcastic. Me...tiny business, watch repair. Have 6 suppliers, rotating purchases and some specialize. Write a check and/or “on line”. Once a month while I have a cup of coffee.
Need for IRS forms for EACH ONE. Like hell. 5 companies lose a customer and I avoid another government stupidity.
Wait till the disaster this will cause. You’ve seen nothing yet.


10 posted on 07/21/2010 5:21:13 AM PDT by CaptainAmiigaf ( NY Times: We print the news as it fits our views.)
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To: CaptainAmiigaf; tobyhill
Starting in 2011, financial firms that process credit or debit card payments will be required to send their clients, and the IRS, an annual form documenting the year's transactions.

There is nothing that is going to go undocumented. We are going to be paying big time for lots of our perceived conveniences.

16 posted on 07/21/2010 5:31:17 AM PDT by EBH (Our First Right...."it is the Right of the People to alter or to abolish it,")
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To: CaptainAmiigaf
5 companies lose a customer

Consolidation of suppliers will be one result.

31 posted on 07/21/2010 6:04:43 AM PDT by Lockbox
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