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Repeal voted on and Passed.
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<p>[QUOTE="Vess1, post: 1119236, member: 13650"]I'm not surprised these idiots would come up with the most complicated, crushing, insane way to hurt business, and then tack it on to a "healthcare" bill to get it rammed through. Then have the audacity to call it a 'good idea.' lol </p><p><br /></p><p> This may seem like stating the obvious, but technically, you could own 3,4, maybe 5 different locations. One individual could sell a single silver quarter to the various locations, 122 times throughout a year. He might not need to be worried about after 121. Then all of a sudden when he sells 122, it all has to be compiled between the stores and a 1099 sent out. Maybe he only intends to sell 120 that year? But you better keep track of them all just in case! There's nothing stopping them from turning around and doing it next year! Stores would have to set up minimum purchase limits to make it even somewhat feasible which might drive away some customers.</p><p><br /></p><p> Just when you think it couldn't get any more asinine. Glad to see this one go down. Anybody that would vote for somebody that voted against this repeal should have their head examined.[/QUOTE]</p><p><br /></p>
[QUOTE="Vess1, post: 1119236, member: 13650"]I'm not surprised these idiots would come up with the most complicated, crushing, insane way to hurt business, and then tack it on to a "healthcare" bill to get it rammed through. Then have the audacity to call it a 'good idea.' lol This may seem like stating the obvious, but technically, you could own 3,4, maybe 5 different locations. One individual could sell a single silver quarter to the various locations, 122 times throughout a year. He might not need to be worried about after 121. Then all of a sudden when he sells 122, it all has to be compiled between the stores and a 1099 sent out. Maybe he only intends to sell 120 that year? But you better keep track of them all just in case! There's nothing stopping them from turning around and doing it next year! Stores would have to set up minimum purchase limits to make it even somewhat feasible which might drive away some customers. Just when you think it couldn't get any more asinine. Glad to see this one go down. Anybody that would vote for somebody that voted against this repeal should have their head examined.[/QUOTE]
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