Political Quotes

On the recordNovember 29, 2010
Mr. President, I compliment the Senator from Nebraska for his leadership on this issue. He has done a great job advocating on behalf of small businesses, farmers, ranchers, and all the people to be impacted by this onerous provision in the health care bill. I fear this is something we are going to be doing and repeating quite frequently in the years ahead as more Americans find out what is in the Democrats' health care bill. This is egregious because it requires various entities to send suppliers 1099 forms if they engage in business-to-business transactions totaling more than $600 in a single year. While I believe everyone ought to pay their fair share of taxes, I am concerned that the burden of compliance falls not on the tax delinquents but instead on the countless businesses, churches, local governments, and nonprofits that pay their taxes on time and in full or may not even have a tax liability. This means these entities will have less time to fulfill their core missions, whether that is building products, administering to the poor, helping students learn or building local infrastructure. Instead, they are going to be filling out form after form to become compliant with this measure.…
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John Thune
Republican · South Dakota

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