Sunday, February 06, 2011

WSJ comment on 1099 repeal

Background from the  Wall Street Journal on the impending repeal of the remarkable expansion of 1099 reportable transactions that was included in Obamacare.  The numbers for this dumb provision never made any sense.  I'd like to see a rigorous review of the CBO projected and actual impact of tax changes over the years.  Their margin of error has been stunning.

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