Congress slipped in a provision that requires every non-tax-exempt business in the US to provide by January 31 of each year an information return (usually, a 1099) to every payee to which it makes aggregate payments of $600 or more during a calendar year, effective for 2012.
Is the goal to so overload small business with compliance costs that you put them out of business? We think so.
All government regulation (aka “reform”) is designed to create and maintain monopolies. This is how fascism works.
“Fascism should more properly be called corporatism because it is the merger of state and corporate power.” – Benito Mussolini