Heritage "The top tax rates on qualified dividends are scheduled to jump from 15 percent to 39.6 percent on January 1, 2011. The left will claim that these tax hikes will only soak the rich while lower-income Americans will enjoy a free ride. This is false. Higher taxes on dividends will reduce the value of all corporate stocks traded in U.S. markets, regardless of who owns them. According to some estimates, the tax hike on dividends would cause stock prices to drop by more than $211 billion."
The 1099 Insurrection ;The White House fights an effort to ease a burden on small business. "The Senate will vote on amendments to the White House small business bill that would rescind an ObamaCare mandate that companies track and submit to the IRS all business-to-business transactions over $600 annually. Democrats tucked the 1099 reporting footnote into the bill to raise an estimated $17.1 billion, part of the effort to claim that ObamaCare reduces the deficit by $100 billion or so."
PLAYING POLITICS "Earlier this week, the Republicans offered an amendment to repeal the infamous 1099 provision included in ObamaCare. The Democrats voted it down. Now we know why."
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