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Weren't We Told Health Care Reform Would Contain Costs?

Started by Conan71, September 13, 2010, 09:09:41 AM

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nathanm

Quote from: Conan71 on September 17, 2010, 09:18:44 AM
No Nathan, they are a supplier to millions, that means a 1099 coming in from every business which buys $600 worth of goods.  Only $50 a month.  They have to open, properly file, and store these 1099's.  
I have a sneaking suspicion they will have a way to do the vast majority of this electronically.

Either way, we all pay the cost of tax cheats one way or another. When you have too many of them, you look like Greece. I find it hard to gin up outrage on behalf of said tax cheats. It sucks that enforcement increases costs for everybody, but that's what enforcement does. Unless you have an idea of how it can be done without more strict reporting requirements?
"Labor is prior to and independent of capital. Capital is only the fruit of labor, and could never have existed if labor had not first existed. Labor is the superior of capital, and deserves much the higher consideration" --Abraham Lincoln

Conan71

Quote from: nathanm on September 17, 2010, 09:27:38 AM
I have a sneaking suspicion they will have a way to do the vast majority of this electronically.

Either way, we all pay the cost of tax cheats one way or another. When you have too many of them, you look like Greece. I find it hard to gin up outrage on behalf of said tax cheats. It sucks that enforcement increases costs for everybody, but that's what enforcement does. Unless you have an idea of how it can be done without more strict reporting requirements?

Nathan, most businesses rely on their sales records and expense records to come up with their taxable income now.  A business which operates honestly will always operate honestly, one which is intent on flaunting tax codes will find ways around it.  With the new 1099 requirement, what's to keep a business owner from taking more clients to lunch or expensing some business trips?  I seriously doubt a string of 1099's tightens the noose any tighter. 

But I do love the selective outrage of liberals like yourself.  Illegal immigration is considered harmless, yet pobably your best example of tax cheats would be those people who are doing day labor for cash, mowing lawns, cleaning gutters, painting houses, etc. all for cash under the table.  By law, those people should be keeping records, preparing returns, and paying tax on that income.  How do you feel about those tax cheats?
"It has been said that politics is the second oldest profession. I have learned that it bears a striking resemblance to the first" -Ronald Reagan

nathanm

Quote from: Conan71 on September 17, 2010, 09:34:36 AM
But I do love the selective outrage of liberals like yourself.  Illegal immigration is considered harmless, yet pobably your best example of tax cheats would be those people who are doing day labor for cash, mowing lawns, cleaning gutters, painting houses, etc. all for cash under the table.  By law, those people should be keeping records, preparing returns, and paying tax on that income.  How do you feel about those tax cheats?

I consider that we make it almost impossible for illegal immigrant day laborers paid under the table to pay taxes. Why do you think I'm fully in favor of making it easier for them to do so and have stated that repeatedly on this very forum?

My outrage isn't at all selective. I'm not going to get upset about people being forced to pay the tax they owe, no matter who it is. It's not as if I'm saying that the owners of businesses not paying their taxes should be deported, after all.
"Labor is prior to and independent of capital. Capital is only the fruit of labor, and could never have existed if labor had not first existed. Labor is the superior of capital, and deserves much the higher consideration" --Abraham Lincoln