Quote:
Originally Posted by Hank Chinaski
here's the one part I understand- we used to have to report to the IRS any SERVICE providers who we send more than $600. Now HRC has extended that to GOODS providers. ignore the burden on small business staff- not even trying to go there-
the reason for the new requirement is that it will generate 20 billion in new tax revenues from people who otherwise would have cheated. it's complete fantasy- maybe it'll generate $1 maybe $20M maybe $1 T- but it's all made up.
now 20 b is small in the picture so one might brush it aside, but ask yourself, "why would they make up something that is bullshit on its face to cover $20B if all the rest is real world dollars?
Ty can cite bloggers till his kid is capable of doing his own homework but unless someone can explain the above any thinking person has to believe the entire math to support this bill's "savings" was invented from whole cloth to justify the result.
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I always rely on trolling patent lawyers rather than economists for these things. Chalk up another win!
