US Senate Votes to Repeal Healthcare Tax Measure

but votes against effort to weaken EPA authority 05 Apr 2011

WASHINGTON – Bowing to pressure from business groups worried about an avalanche of paperwork, the U.S. Senate voted Tuesday to rescind a tax-reporting requirement included in last year’s healthcare overhaul law.

With bipartisan support, the Senate voted 87-12 to pass legislation sponsored by […]

Here’s a novel idea: read the bills first!

Baucus: Repeal 1099 Filing Rule from ObamaCare

Newsmax 12 Nov 2010

WASHINGTON (Reuters) – A top Democrat in the U.S. Senate on Friday pledged to repeal a provision of the new healthcare law that requires businesses to file tax forms on transactions of more than $600.

Sen. Max Baucus, chairman of that chamber’s tax-writing committee, […]

Bill requires landlords to report work payments on rentals

Neil Downing The Providence Journal 9/18/2010

PROVIDENCE — Owners of rental real estate will soon be required to gather information from plumbers, landscapers and others who do work on their property, and report that information to the Internal Revenue Service.

The requirement is part of a bill (H.R. 5297) approved by the U.S. Senate on […]

New provision in Health Care law hurts small businesses, farmers

5 August 2010

CAJ note–Though we have already included articles here regarding the taxation amendment inserted into the new Obamacare law we wanted to offer the following article which was forwarded to CAJ today. Everything done in Washington usually has a long list of unintended–and very damaging–consequences.

New Law Hurts Small Businesses

RI Farm Bureau […]

Dems won’t repeal 1099 provision in ObamaCare

Ed Morrissey 7/31/2010

The bad news: as I predicted yesterday, the bipartisan effort to repeal the ObamaCare provision that requires companies to create 1099 forms for every business-to-business transaction has run aground on the shoals of Pay-Go. The good news: four months after the bill passed, the Associated Press has caught up to the […]

Gold Coin Sellers Angered by New Tax Law

Amendment Slipped Into Health Care Legislation Would Track, Tax Coin and Bullion Transactions

Rich Blake ABC News 7/21/2010

Those already outraged by the president’s health care legislation now have a new bone of contention — a scarcely noticed tack-on provision to the law that puts gold coin buyers and sellers under closer government scrutiny.

The […]