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The action came on several amendments to a must-pass spending bill that would pay for government operations from March through September.
Specifically, the House voted to prohibit any funds be used by the Internal Revenue Service to carry out the law's mandate that Americans buy health insurance. The individual mandate, one of the law's key tenets, has been struck down by federal courts.
The House also adopted an amendment by Rep. Denny Rehberg, R-Mont., to bar the Labor and Health and Human Services Departments from spending any money for the rest of fiscal year 2011 on the health care law. Still another provision adopted today would ban the government from paying the salaries of any federal employee involved in implementing the health care law.
Senate Democrats, who blocked a GOP effort last month to repeal the health care law, will try to remove these provisions when the spending bill goes to their chamber after the President's Day recess. President Obama has vowed to veto the House bill, which seeks to cut at $61 billion in federal spending for this year.
Ugly Side Effect of Healthcare Bill's 1099 Law: More Tax Evasion
.....The Taxpayer Advocate also notes the new 1099 form could create a huge paper tsunami at the IRS. At least 38 million taxpayers will be subject to the new requirement, including 26 million who run sole proprietorships, two million farming businesses and one million charities, Olson says in a June report, based on IRS data.
“The IRS will face challenges making productive use of this new volume of information reports,” TAO Olson says, adding, “The IRS will have a difficult time detecting incidents of aggregate payments of $600 or more in a year by a small business to one vendor..it will be challenging for the IRS to sort these payments out.”
The December 2010 issue of the trade journal Tax Notes Today quotes Richard Skorny, former IRS deputy[..]ociate chief information officer, as saying the health-care law's implementation "will be bigger than Y2K for the IRS to implement -- it's pretty much unprecedented."
And Olson says she is worried about taxpayer mistakes, IRS mismatches and erroneous penalties....
The TAO notes how crazy the level of scrutiny and paperwork can get. New 1099 forms will need to be issued if your small business pays $600 for “health-care payments, attorney’s fees," “substitute payments in lieu of dividends or interest,” even, say, “fish purchases for cash” if you’re running a restaurant.
SMC Business Councils, a top small business group in Pennsylvania, says it surveyed its members and discovered that a typical small business in the state currently sends an average of 10 1099 filings a year.
But the new rules would blow out that average to more than 200 filings a year....
And then there are other ugly side effects. Start with reporting errors....
Originally posted by randomname
what do americans have against healthcare. have americans been dumbed down to the point were they are clinically imbeciles that they prefer a corporation to make life and death decisions for you.
whether you live or die or the quality of your life is based on profit margins and stockholder's portfolio and dividends.
all obama is trying to do is negate profit and bottom lines from healthcare.
but what's funny is that once you retire from the workforce and your company is no longer paying your health premiums, every american who is against healthcare reform will run to the government for coverage, because they know they'll be at an age when they need it the most.
i'm sure not one of these people will allow themselves to die for their principles and refuse "socialist" medicaid.
Originally posted by crimvelvet
reply to post by anon72
AHHHhhhh But they do not address the really nasty part of the Healthcare law, the change in the tax code that will wipe out many small businesses. (small business provides 50% of America's lobs)
Originally posted by anon72
reply to post by whatukno
Okay then. They'll have the Democrates on record that they support an extremely unpopular law, that has now been deemed unconstitutional by a federal judge.
Originally posted by anon72
23 Democratic Senators are up for re-election in 2012. They will have a very interesting record to run on, or rather defend against come the primaries and runs.
Originally posted by anon72
I bet you the Dems won't be singing the same tune starting about Jan/Feb 2012. They aren't willing to get the snot kicked out of them again-especially for Obama. IMO