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Small Business Paperwork Mandate Elimination Act of 2011

Floor Speech

Date: March 3, 2011
Location: Washington, DC
Issues: Business and Consumers Taxes Health Insurance

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Mr. SMITH of Nebraska. Mr. Speaker, I truly believe that the best thing that this Congress can do is focus on jobs, making sure that someone might have access to health care through a job. But increasing the cost of doing business certainly does not contribute to our effort to help create jobs.

I rise in support of H.R. 4. Repealing the 1099 mandate would only help, and certainly in my district, family farmers, ranchers, small businesses.

Let me tell you briefly about a restaurant owner, a small operation.

He will go from four 1099s to over 200 1099s, and that's after spending $7,000 in new software, Mr. Speaker. That certainly provides opportunities for a misplaced digit in an identification number that will lead to the wrong person being audited, Mr. Speaker.

And when we look at all the information given here, certainly it makes sense to recapture an overpayment of a subsidy so that we can return to the people the opportunity to go out, create jobs and, in the end, ultimately provide more health care for the American people.

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