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Ezra Klein: Reid supports using 1099 to undermine health care reform

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flpoljunkie Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Mar-08-11 05:26 PM
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Ezra Klein: Reid supports using 1099 to undermine health care reform
Edited on Tue Mar-08-11 05:27 PM by flpoljunkie
Reid supports using 1099 repeal to undermine health-care reform
By Ezra Klein

Harry Reid says he “prefers” the House’s approach of paying for 1099 repeal through higher IRS penalties on working- and middle-class Americans to the Senate’s earlier effort to pay for it by rescinding unobligated funds. That’s bad news, for reasons I explained here.

It is, however, worth noting the irony -- or perhaps the hypocrisy -- of Republicans who are simultaneously planning to cut the IRS’s budget to keep it from enforcing the Affordable Care Act and pay for their preferred policies by asking the IRS to enforce increased penalties in the Affordable Care Act. Consistency is the hobgoblin of small minds and all that.

By Ezra Klein
March 8, 2011
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KT2000 Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Mar-08-11 05:34 PM
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1. 1099
What a mess. Wonder what the penalties are for someone who does not have the additional thousand or thousands they may need to repay on April 15. Garnished wages? Denied healthcare coverage. They better start opening up the debtors prisons.
Cannibalism
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Kdillard Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Mar-08-11 05:54 PM
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2. Ugh. He better think twice.
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