This small portion of Obamacare would have created an unfunded mandate that would have destroyed many small businesses.
All we need now is our Dear Leader’s signature, or every business in America will have to file a 1099 form for every business and person they do more than $600 worth of business during the year. If you have a fleet of trucks or cars, your business will have to file a 1099 on every gas station they do business with. Every mom & pop shop will have to file a 1099 for every high school kid they employ. The sheer volume of this paperwork would require businesses to hire dedicated people just to fill out and file the 1099 forms. People they would have to pay out of their profits, and would add zero benefit to their business. The cost of doing business would go up and companies operating on tight margins would be forced out of business by our Dear Leader’s ravenous thirst for new tax revenues.
If our Dear Leader doesn’t sign this bill, it is a clear sign that he values his extremist political agenda more then the American economy and the well being of the American people.