Obamacare's Avalanche of IRS Paperwork

Subject: txt bbro lbrty hcare sclm libs bdd - tax -
Pres. Barack Obama promised Americans “health-care reform.” So far, “health-care form” is more like it. Obamacare is devolving into the Paper Industry Salvation Act of 2010. This new law spans 2,562 tree-killing pages. Far worse, it will force Americans to spend countless irritating hours completing, transmitting, and filing endless reams of federal paperwork.

The scariest news for America’s forests may be a brand-new mandate that will compel each business — from General Electric to the neighborhood handyman — to file an IRS Form 1099 for every business on which it spends as little as $600...

[Today's example of business death by regulation, one cut at a time {with some deeper than others}. When economists talk about double digit unemployment becoming the norm, it's because of nonsense like this streaming out of Washington.]

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