4 ms·

Why so much hate for this? I think it is a fantastic idea. People have no idea how much their health care costs. EDIT: so people really think this is a burde

by e40 16y ago

Why so much hate for this? I think it is a fantastic idea. People have no idea how much their health care costs. EDIT: so people really think this is a burden? For my company of 25 it is trivial. Just a little more info to send to ADP. As I said above, the extra work will have benefits.

dangrossman 16y ago
This sounds like you're replying to the wrong link... how could anyone not see the immense amount of work involved in 1099ing almost every business, retail store and website anyone in your company buys anything from?
koenigdavidmj 16y ago
This has nothing to do with healthcare. Every time your business paid another more than $600 in a year, you would need to deal with 1099:s. (Unless you use credit cards.) That means that if you buy one laptop, a 1099. If you spend that much at Office Depot, a 1099.
- dangrossman 16y ago
  And OfficeDepot has to receive and reconcile 50 million 1099s from its shoppers...
  - WillyF 16y ago
    "Job creation" at its finest.
  - protomyth 16y ago
    To a point, it would probably have been a boom for Office Depot. If you are a company and need to get the number of 1099s down, you would probably be wise to pick a vendor who could provide a rather large chunk of your supplies. Office Depot and it brethren have the IT to track all that.
- waterlesscloud 16y ago
  The whole point of it was that it was one of the many tricks used to "pay" for the healthcare bill. Without, the healthcare bill will increase the deficit to an even greater extent.
  - ajross 16y ago
    Uh... the health care bill is projected to reduce the deficit, mostly due to decreased consumption of Medicare/Medicaid (because more people on those plans would be covered in the private sector). The current FOX news bugabooo "individual mandate" is, in fact, one of the "tricks" used to prevent the costs from being borne directly by the federal budget. Now, one might argue that this is essentially the equivalent of a tax increase, and that's sort of true. The left wing version of that argument is that it's a dumb and complicated scheme when it would have been simpler to just raise revenue and pay for health care directly. But the core point is that whoever told you the health care bill "increases the deficit" was lying to you.
  - shareme 16y ago
    that is what they want you to think..ask yourself why they had to 'borrow' 1.5 billion form medicaid for this..
alexqgb 16y ago
Actually, it would have had no benefit whatsoever, and that's per the IRS. They looked at the estimated collections, calculated the associated processing costs, and concluded that the whole thing was a wash (or 'revenue-neutral', to use their language). However, it would have provided a solid bit of business for supporters of the accounting lobby, who have - I suspect - contributed to the campaigns of each and every one of those 17 who heard what the IRS had to say, and backed this anyway.

by e40 16y ago

dangrossman 16y ago

This sounds like you're replying to the wrong link... how could anyone not see the immense amount of work involved in 1099ing almost every business, retail store and website anyone in your company buys anything from?

koenigdavidmj 16y ago

This has nothing to do with healthcare. Every time your business paid another more than $600 in a year, you would need to deal with 1099:s. (Unless you use credit cards.) That means that if you buy one laptop, a 1099. If you spend that much at Office Depot, a 1099.

dangrossman 16y ago
And OfficeDepot has to receive and reconcile 50 million 1099s from its shoppers...
- WillyF 16y ago
  "Job creation" at its finest.
- protomyth 16y ago
  To a point, it would probably have been a boom for Office Depot. If you are a company and need to get the number of 1099s down, you would probably be wise to pick a vendor who could provide a rather large chunk of your supplies. Office Depot and it brethren have the IT to track all that.
waterlesscloud 16y ago
The whole point of it was that it was one of the many tricks used to "pay" for the healthcare bill. Without, the healthcare bill will increase the deficit to an even greater extent.
- ajross 16y ago
  Uh... the health care bill is projected to reduce the deficit, mostly due to decreased consumption of Medicare/Medicaid (because more people on those plans would be covered in the private sector). The current FOX news bugabooo "individual mandate" is, in fact, one of the "tricks" used to prevent the costs from being borne directly by the federal budget. Now, one might argue that this is essentially the equivalent of a tax increase, and that's sort of true. The left wing version of that argument is that it's a dumb and complicated scheme when it would have been simpler to just raise revenue and pay for health care directly. But the core point is that whoever told you the health care bill "increases the deficit" was lying to you.
- shareme 16y ago
  that is what they want you to think..ask yourself why they had to 'borrow' 1.5 billion form medicaid for this..

alexqgb 16y ago

Actually, it would have had no benefit whatsoever, and that's per the IRS. They looked at the estimated collections, calculated the associated processing costs, and concluded that the whole thing was a wash (or 'revenue-neutral', to use their language). However, it would have provided a solid bit of business for supporters of the accounting lobby, who have - I suspect - contributed to the campaigns of each and every one of those 17 who heard what the IRS had to say, and backed this anyway.