Small businesses manage to avoid paying taxes on a lot of small transactions. The 1099 provision would've forced them to report those transactions, raising about $20 billion over 10 years. But it would've require a lot of paperwork. So much paperwork, in fact, that Democrats agreed to repeal it. The Senate should stick with the 1099 repeal that the Senate has passed. |
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Sheila Samples is an Oklahoma writer and a former civilian US Army Public Information Officer. She is a Managing Editor for OpEd News, and a regular contributor for a variety of Internet sites.