In the context of the larger issue of President Obama’s national health regime, I have to wonder how much Republicans are willing to do to help make this disastrous law more palatable?
-- Ben Domenech, research fellow, The Heartland Institute
(Vocus/PRWEB) March 03, 2011
The U.S. House of Representatives on Thursday voted 314-112 to repeal the “1099” tax-reporting requirement for small businesses that is part of the Patient Protection and Affordable Care Act (PPACA), also known as Obamacare. The U.S. Senate approved the same measure last month. Currently, the national health care law requires businesses to report any and all purchases above $600 to the Internal Revenue Service.
Ben Domenech, research fellow for health care policy at The Heartland Institute and managing editor of Health Care News, offers the following statement for attribution:
“If you are a small business owner in America, today’s House vote against the ridiculous and expensive 1099 reporting requirement – an example of pointless bureaucracy if there ever was one – is a positive step. Yet in the context of the larger issue of President Obama’s national health regime, I have to wonder how much Republicans are willing to do to help make this disastrous law more palatable?
“Instead of offering to fix this problem, Republican leadership should’ve considered passing an expansive waiver provision which allows businesses or states to escape the 1099 provision, letting the marketplace of entrepreneurs decide whether they wished to abide by Obama’s law or choose another path – just as hundreds of companies and unions have regarding other aspects of the law.
“It’s always a bad idea to make small tweaks to a terrible policy, since it eliminates reasons to scrap the whole thing. And if the ultimate goal is repealing Obama’s law, Republican leaders should’ve rejected any piecemeal approach which helps fix their opponents’ errors while leaving the worst problems intact.”
For more comments, contact Ben Domenech at email@example.com or (703) 509-1741.
The Heartland Institute is a 27-year-old national nonprofit organization based in Chicago. Its mission is to discover, develop, and promote free-market solutions to social and economic problems. For more information, visit our Web site at http://www.heartland.org or call (312) 377-4000.