From NEWSMAX:
…During Obama’s State of the Union speech last week, the president had cited that provision as one portion Democrats might be willing to sacrifice. Several times last year, the Senate voted several times on rolling back the requirement, but partisan bickering over how to pay for it plundered those attempts.
The provision was intended to raise about $17 billion in previously uncollected taxes. A bipartisan array of business groups argued that the paperwork it required would be too daunting.
Proposing the amendment to repeal that section came from Sen. Debbie Stabenow, D-Mich., who said, “This amendment is a common-sense solution for business owners who need to be focused on creating jobs, not filling out paperwork for the IRS.”
Click here to read the full article.
