Democrats modify or Repeal tax reform health care

Democrats modify or Repeal tax reform health care -

A provision of the health care reform may be repealed or changed today as a tax reporting law for small business came under surveillance. Democrats included a provision in the reform that requires small businesses to file a Form 1099 to the Internal Revenue Service (IRS) when the supplies or services cost more than $ 0 in a year.

The provision of the Health Insurance Act to increase by $ 16 billion, but it would take loads of paper work for small businesses and the IRS.

Representative Dave Camp said. "T focused on job creation" "When small businesses focus on filling out paperwork and filing more tax forms, they aren

According to the Wall street Journal , opponents of the provision believe that small businesses will be hampered by this provision of the reform of health care. the IRS has indicated that he would need additional staff to manage the additional loads of documents and deposits.

available received critical of the National Federation of Independent Business, the national advocate for taxpayers, the GOP and even some Democrats.

Congress can reduce IRS rules on providing tax return in another bill or repealed altogether. . Care

However, questions remain on how such revenue would be replaced if this provision is removed from the reform health law was presented as the neutral deficit and without something to offset the cost - it can not be.

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