Hensarling: Washington Should Be Empowering Small Businesses to File W-4s, Not 1099s
WASHINGTON – House Republican Conference Chairman Jeb Hensarling (R-Texas) today issued the following statement as the House of Representatives passed a bill to repeal the job-destroying 1099 tax form provision that was included in President Obama’s health care law.
“House Republicans have fulfilled yet another part of our Pledge to America by repealing the job-destroying 1099 paperwork rules that ObamaCare imposed on our nation’s small businesses. Less costly paperwork for America’s job creators means more jobs for American workers.
“Last November the American people spoke loud and clear and told Washington to limit government and cut spending to revive the economy and spur job growth. Too often it’s American families and businesses that bear the costs for Washington’s wasteful spending and burdensome regulations.
“Americans who want to work can’t find jobs, and employers who want to give them jobs can’t hire them. One of the reasons is that government red tape, like the 1099 form, is in their way. Cut the red tape and you’ll cut the unemployment rate. When it comes to job creation, our nation’s small business owners are depending on Washington to rein in the red tape so that more Americans can work and the economy can grow.
“The federal government should empower America’s small business owners to fill out new W-4 forms, not force them to file new 1099s. House Republicans are committed to downsizing government and cutting regulations so that American families and businesses no longer have to downsize their budgets and payrolls.”
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For additional information, contact:
House Republican Conference Press Office (conferencepress@mail.house.gov)
