The Democrat-passed 1099 reporting requirement is a job killer. We want to make sure that small businesses can use their hard-earned profits to expand their businesses, open new storefronts, and bring on new employees, not spend their time reporting to the IRS. If we're going to create jobs, we need to create an environment where small businesses can succeed. H.R. 4 is an important step in fostering that environment. With that, Mr. Speaker, I encourage my colleagues to support this rule and support H.R. 4.
Editor's note · Context
Nugent addresses the negative impact of the 1099 reporting requirement on small businesses and supports H.R. 4.
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