You know, the fact is on those tax credits for small business, they are so confusing--and I hear this from my small businesses all the time back home--no one understands how to actually make those benefits work. And they are time limited. They will soon expire. But here's the real deal. If you really wanted to help small business, let's repeal that 1099 provision. Why was it even in there? Well, one reason, so the IRS could enforce the mandate. But the other reason was maybe they're going to need a value-added tax in order to pay for this monstrosity. Let's repeal it and get it done the right way.
Michael Burgess: “You know, the fact is on those tax credits for small business, they are so confusing--and I hear this from my small…”
Editor's note · Context
Burgess discusses the confusion surrounding tax credits for small businesses and advocates for repealing the 1099 provision.
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