I have a hunch why businesses were so hesitant about reporting their health care costs to the IRS

[NNN0LHI]

http://www.portfolio.com/business-news/2010/11/03/businesses-get-the-house-they-wanted

by Kent Hoover Nov 03 2010

<snip>Republicans have vowed to repeal and replace health care reform, but that’s not going to happen as long as President Barack Obama wields his veto pen and Democrats hold a majority in the Senate, where they could hold up any such action.

Instead, expect another effort to repeal one provision in the new law that has made small businesses furious: a requirement that businesses file 1099 forms any time they spend more than $600 a year with another business. Small businesses complain this dramatic expansion of the 1099 requirement, which is intended to make sure businesses report all the income they’re supposed to, will create a paperwork nightmare if it goes into effect as scheduled in 2012. Democrats concede the provision must at least be modified to reduce its burden, so there’s a chance Congress could take up this matter in the lame-duck session.


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I believe it is because lot of employers are actually making money off their employees health care insurance benefit programs.

And they can't have us knowing that every time they raise their employees premiums they are actually making money off of them.

Its a big scam.

They can lie to us but they can't lie to the IRS. And when we received our 1099 they wouldn't be able to lie to us anymore either.

Don