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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 cred
by 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 agoAnd OfficeDepot has to receive and reconcile 50 million 1099s from its shoppers...
- WillyF 16y ago"Job creation" at its finest.
- protomyth 16y agoTo 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 agoThe 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 agoUh... 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 agothat is what they want you to think..ask yourself why they had to 'borrow' 1.5 billion form medicaid for this..