1099 will end the world in 2012
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1099 will end the world in 2012
1–10 of 172 posts
Re: 1099 will end the world in 2012
#2Already discussed here in-depth: http://news.ycombinator.com/item?id=1306434
(and about 10 more I don't feel like linking)
Re: 1099 will end the world in 2012
#3Sounds like a business opportunity to me? Build a specialized service that handles those for mom'n'pops, small businesses, etc?
Re: 1099 will end the world in 2012
#4Sounds like job creation to me.
Re: 1099 will end the world in 2012
#5It's things like this that will eventually force me to move my business (and invariably, my employees) to another country. Why do they want to make it even more difficult for small businesses?
Re: 1099 will end the world in 2012
#6Sounds like job creation to me.
Agreed, but also wealth destruction for all of us except those employed in these unproductive jobs.
Re: 1099 will end the world in 2012
#7This can't generate remotely enough revenue to offset the compliance cost to the business sector.
This is nothing more than a Federal jobs program at the expense of the private sector.
Re: 1099 will end the world in 2012
#8The underground economy will explode. Working under the table will become much more prevalent.
Re: 1099 will end the world in 2012
#9Anyone know why this was put into the bill? What good intentioned upside someone is trying to accomplish?
Are cell phone companies going to issue 1099s to most of America, and all users have to do the same?