The new #$%^ Healthcare (??) law adds FOUR BILLION (170+/company) new 1099 forms in 2012. This is for All GOODS and ALL SERVICES, to ALL payees, including CORPORATIONS (except non-profits). The new Healthcare law also adds 16,500 Internal Revenue Agents to enforce it. A new law also adds even more Internal Revenue Agents, to triple the number of small business IRS exams.
This means the new Healthcare and other laws will kill most net new jobs, as even liberals like Thomas Friedman now say that small businesses, NOT GOVERNMENT, create substantially all net new jobs.
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