Sunday, July 11, 2010

Those 10,000 new Obamacare IRS agents.

Today's
More Reasons To Hate Democrat Guts
Stealth IRS changes mean millions of new tax forms

The new regulations, which kick in at the start of 2012, require any taxpayer with business income to issue 1099 forms to all vendors from whom they purchased more than $600 of goods and services that year. That promises to launch a fusillade of new paperwork: An estimated 40 million taxpayers will be subject to the requirement, including 26 million who run sole proprietorships. 

6 comments:

pdwalker said...

Yet another knife into the body of greatest wealth creation engine in the entire world's history, the American business.

JMcD said...

Guys.guys...Just think of all the thousands & thousands of new jobs being created.Ain't the Obama team of job creators an amazing sight to behold?

Huh?...Government jobs? But,but but....Never mind.

Hell_Is_Like_Newark said...

In unrelated news, the underground cash / barter only economy booms starting in 2012....

Anonymous said...

As featured on F&F this morn, Dems v Dems.
The movie: www.wewillnotbesilenced2008.com

righty gousa

Anonymous said...

might help shore up the Postal Service...

TheOldMan said...

I think credit/debit card transactions are exempt.

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