Google Groups no longer supports new Usenet posts or subscriptions. Historical content remains viewable.
Dismiss

URGENT CALL TO ACTION 1099 REPEAL

2 views
Skip to first unread message

Nick Pyle

unread,
Nov 23, 2010, 10:30:34 AM11/23/10
to
CALL TO ACTION 1099 REPEAL

On Monday, November 29, the Senate will vote on Senator Mike
Johanns’ (R-NE) proposal to repeal the new Form 1099 filing
requirements. The fully funded proposal will be considered as an
amendment to the Food Safety Modernization Act, S. 510. Senator Max
Baucus (D-MT) has proposed a Form 1099 repeal that is virtually
identical to Senator Johanns’ proposal but lacks an offset to maintain
budget neutrality. Senator Johanns’ amendment directs the Office of
Management and Budget to identify $39 billion in unspent and
unobligated accounts to replace the revenue that might have been
generated by the 1099 paperwork mandate.

Your Action is Needed: Contact your Senators and urge them to support
the Johanns Amendment when it comes up for a vote on Monday, November
29. Go to www.senate.gov or
www.house.gov to find your Members of Congress and their websites.
TELEPHONE 202-224-3121.

Numismatists United for Political Action (NUPA) is a grassroots
organization with a mission to educate and inspire the coin
collecting
community to stand up and be heard in Washington. To learn more about
NUPA and join (its free) our grassroots outreach visit:
http://groups.google.com/group/coincollectorsunited
Nicholas Pyle, Coordinator
Numismatists United for Political Action (NUPA)
Post Office Box 25001
Georgetown Station
Washington, DC 20027-8001
202-333-9190
nap...@gmail.com
coincollec...@googlegroups.com
http://groups.google.com/group/coincollectorsunited

Steve

unread,
Nov 23, 2010, 2:04:15 PM11/23/10
to
On Nov 23, 9:30 am, Nick Pyle <nap...@gmail.com> wrote:
> CALL TO ACTION 1099 REPEAL
>
My CPA is Briggs & Veselka here in Houston, and they have assured me
that there is nothing to
this 1099 thing...they have been getting calls all summer from people
believing it requires a paper
form on everything over $600 that a person buys or sells, and that it
is sinisterly aimed at tracking
gold coins, but it applies only to rents, dividends, lawyer fees, and
has no effect on the ordinary
person. Looks like it has been spread on Limbaugh, Hannity, Fox News
and other conservative
outlets.

Why are you still spreading misinformation?

mazorj

unread,
Nov 23, 2010, 3:17:39 PM11/23/10
to

"Steve" <coing...@yahoo.com> wrote in message
news:0c969b70-830f-45a6...@l32g2000yqc.googlegroups.com...

===================================

Not to mention that the IRS has stated that even for transactions covered by
the law, they intend to exempt purchases made with credit cards.

As to motive: Does anyone know whether Nick Pyle has any history of an
interest in numismatics? He apparently is a long-time lobbyist for a bread
bakers trade group in DC (which, like most of the business community,
presumably opposes the new 1099 requirement for their own reasons). Unless
he has ties to coin lobbying, dealing, or collecting, you have to wonder why
he started this numismatic lobbying group.

Even if he does have a past history of collecting or dealing, motive is
further clouded by the fact that he specifically calls for support of the
Republican version of the 1099 repeal. If all this were purely apolitical
and rooted in the interests of collectors and small-time dealers, he should
have urged us to support either bill because either one would obviate
whatever problem he imagines there will be for numismatists. Regardless of
whether you personally like or don't like the Republican version's
requirement to find cuts to offset the income loss, the position he has
taken 1.) Could lead to a deadlock where neither 1099 reform bill passes,
and 2.) Is solely in line with the Republican agenda, supported by most
industry and trade groups, to back-pedal on government regulations and
spending.

It's clear that some sort of clarification or narrowing of the 1099
requirement is needed. However, Washington is full of hidden-agenda
corporate "astroturf" front groups that advance their own interests by
masquerading as grass roots movements. A common strategy is to try to
co-opt other, more legitimate interest groups. Without more information,
I'm certainly not going to characterize this as just a blatant, cynical
attempt to enlist us in their fight; but IMO it does have a certain whiff of
partisan politics and freshly laid astroturf to it.

Jerry Dennis

unread,
Nov 23, 2010, 7:07:59 PM11/23/10
to
On Nov 23, 3:17 pm, "mazorj" <maz...@verizon.net> wrote:
> "Steve" <coinguy1...@yahoo.com> wrote in message

Let's make this a quick and dirty. When he starts lobbying to
eliminate the rag dollar in favor of brass bucks, then he'll get our
attention.

Jerry

JHL

unread,
Nov 23, 2010, 10:50:52 PM11/23/10
to
as i understand the 2012 1099:
an individual correct no big deal.

a small business will now have to issue a 1099 to (examples
only)
the power company
the gas company
the office supply store
the cell phone company
the landline company
sam's club
walmart
billly bob's catering
every gas station they buy more then $600 worth of gas per year.
note not just one 1099 to "big brand gasoline" but every station
since they are likely seperately owned
all their suppliers of goods
all their suppliers of services
etc etc etc

sure, why would this cost more it's only a little paperwork right?

mazorj

unread,
Nov 24, 2010, 6:21:09 AM11/24/10
to

"JHL" <j...@michsoft.com> wrote in message
news:2687c7e8-b6a5-45e2...@v23g2000vbi.googlegroups.com...

as i understand the 2012 1099:
an individual correct no big deal.

a small business will now have to issue a 1099 to (examples
only)
the power company
the gas company
the office supply store
the cell phone company
the landline company
sam's club
walmart
billly bob's catering
every gas station they buy more then $600 worth of gas per year.
note not just one 1099 to "big brand gasoline" but every station
since they are likely seperately owned
all their suppliers of goods
all their suppliers of services
etc etc etc

sure, why would this cost more it's only a little paperwork right?

=================================

The new requirement needs to be fixed, but for the record:

1. It applies only to total purchases of more than $600 worth of goods from
any single vendor.

2. The IRS says that purchases using credit cards will not count toward the
$600.

3. The bill only expanded the reporting requirement to goods. Purchases of
services exceeding $600 already have to be reported.

Congress knows it has to fix this. It's just a question of agreeing on what
kind of horses get traded in the deal.

Nick Pyle

unread,
Nov 24, 2010, 3:18:44 PM11/24/10
to
This is from ICTA - google it if you don't know the organisation.

CLEARING UP 1099 CONFUSION

The NEW 1099 Law - IRS Form 1099-MISC
This 1099 law (Section 9006 of the health care bill passed earlier
this year) is scheduled to go into effect January, 2012. Under this
law you will have to report ALL purchases of goods and services over
$600 (including smaller purchases aggregated over the full year.)
Yes, that includes your retail clients, your fellow dealers (no more
corporate exemption), office supply stores, show travel providers
(hotels & airlines), etc.

Small businesses and associations (including ICTA) have protested this
provision so fervently that Congress – and even President Obama – have
acknowledged that it is a problem. Potential fixes include repeal of
Section 9006 (ICTA’s strongly preferred solution), raising the dollar
amount threshold to $5,000, exempting businesses with fewer than 25
employees, and exempting transactions paid for via credit or debit
cards. However, the administration is extremely sensitive to the word
“repeal” as applied to any part of the health care bill.

This is a top priority issue for ICTA, and we will be keeping you
posted on any changes or proposed changes where we may need you to
weigh in with your Members of Congress.

So in layman's terms - if you sell $600 or more to a single dealer in
2012 they are required to file a 1099 form with the IRS. That form
includes your ss#. The IRS computers will check income reported by
your 1040 schedule D & E and if you fail to report that 1099 income I
guarantee you will find greetings mail and a possible request to visit
with the IRS if not in person by mail. Your ultimate prize for
failure to report is time share from club fed. google Wesley Snipes to
learn more about that. For the guy with a top notch accountant in
Houston run this by them for confirmation that this isn't issue. Also
check with the US Chamber of Commerce and National Federation of
Independent Business websites. I repeat you need to find a new
accountant otherwise.

For those of you who question my motives, I am indeed a Federal and
state government relations expert. I used to be a lobbyist but that
term doesn't carry much water. I am also a life long coin collector,
vest pocket dealer with an eBay store search napyle, Nick's Morgan
Stop. I am a life member of ANA, Virginia Numismatics Association,
the National Silver Dollar Round Table, Original Hobo Nickel Society,
supporter of ICTA and an affliate member of the Professional
Numistmatist Guild. I also am the volunteer political Director for
Gold & Silver PAC see GoldandSilverPAC.org for more about that and the
nine key issues for the coin, currency and precious metals community.

My best wishes to all for a Hapy Thanksgiving. I urge you take a
minute and link to your Senators offices to send a message about 1099
repeal - the Johann's or Baucus proposal - both work to solve the
issue.

mazorj

unread,
Nov 24, 2010, 4:04:06 PM11/24/10
to
Thank you for clarifying your connection to numismatics. I see now that
your motives are well founded and can be taken at face value.

So I do apologize for (almost) jumping the gun. However, as a long-time
resident and participant in the DC lobbying scene, I'm sure that you
understand why my initial (if erroneous) suspicions were raised. Capitol
Hill has more bogus front groups crawling its halls than a Bowery flop-house
has bed bugs.

"Nick Pyle" <nap...@gmail.com> wrote in message
news:d4f97655-9b54-4cdb...@s4g2000yql.googlegroups.com...

Nick Pyle

unread,
Nov 24, 2010, 8:51:43 PM11/24/10
to

Thanks MazorJ

I look forward to being and active poster in this group. Cheers and
Happy Turkey Day to all. Nick

Tell it like it is.

unread,
Nov 27, 2010, 8:51:35 AM11/27/10
to

The motives of the people whp propose legislation is more important
than the legislation itself in my opinion. A lot of legislation could
be given short shrift if the motives for putting forward the
legislation were required by law to be spelled out. Also lobbyists,
and that means competing lobbyists, by definition, put their own
interests above the welfare of the country.

Bremick

unread,
Nov 27, 2010, 10:23:45 AM11/27/10
to

"Tell it like it is." <DanielAlbe...@yahoo.com> wrote in message
news:e5e43738-86d2-49bd...@m35g2000vbn.googlegroups.com...

_____________

It also might be interesting to see the impact if the name and party
affiliation of any pol who proposes legislation were hidden. Imagine the
angst among the political sheep who wouldn't know if they would be
supporting the legislation of their own party or not.


Frank Provasek

unread,
Nov 27, 2010, 3:36:37 PM11/27/10
to
On Nov 27, 7:51 am, "Tell it like it is."

Likewise, the motives of the people who OPPOSE legislation are
revealing.
Following the money usually leads to a correct solution.

The working joe, for years, has had every dime he makes reported to
the
government. Wages on W-2 forms, with the money taken out in advance,
and held by the government until April 15, with no interest paid.
Every
bank, savings, or Paypal account with earnings over $10 a year gets
reported, and you get a 1099 form. When you sell stock, the broker
reports your proceeds to the government on a 1099. When your
mutual fund declares a "dividend" even in a year like 2008, you got a
1099 form showing your "gain" even though the fund might have gone
down 50%!

One group which has been exempt from having their income reported
to the government has been lawyers, doctors, and consultants who are
self-employed and function as "independent contractors"

These icons of ethics have been "on their honor" to report their
income
to the government without the need of their customers sending in a
pesky 1099 form for the government to verify their compliance.

Since most of these professionals have formed corporations -- your
doctor or attorney or CPA firm, or the consultant writing a $250,000
"study" for some taxpayer funded government agency -- have been
exempt
from having 1099 forms sent on THEIR income.

The new 1099 rules removing the exemption of corporations means that
a lot of people making a lot of money will have a paper trail on the
income that they HAVE BEEN REPORTING AND PAYING TAXES ON
ALL ALONG, right?

These small business trade organizations should be GLAD that anyone
evading
taxes will finally have to start paying up, meaning less burden on the
HONEST
people, right?

Where were the "URGENT CALLS FOR REPEAL" when President Bush, in 2008,
signed legislation requiring Paypal to report your eBay income,
starting in 2011?
Was there so much "grassroots" outcry that Congress started work on
repeal?
Did the president ever have to address the matter at a press
conference?
It certainly affects many, many more people than the minor 1099
changes to
add "corporations" to include "persons."

I guess corporations only want to be "people" when they want to spend
money to
influence elections.

Why have the ANA and ICTA jumped on the lies spread on talk radio and
Fox News
and right wing blogs that the new law requires individuals to keep
track of how much
they spend at each gas station and motel to send them 1099 forms and
that all
coin sales over $600 (and sales of EVERYTHING) will require billions
of 1099 forms?
Perhaps to generate mass outrage at the president and the health care
program.
Is it telling that Mr Pyle uses the language of Rush Limbaugh by
calling our government
a "regime"?

The IRS says it's nonsense. (Call one of the taxpayer helplines
listed at irs.gov and
see for yourself.)

And I visited the Practitioners Publishing Company division of Thomson-
RIA
(they are the company that prepares CPA continuing education courses
and CPA
training manuals in conjunction with the IRS) which is headquartered
here in Fort Worth.
They were kind enough to supply me with the relevant page on "non-
healthcare
revenue raisers"

While it clearly states what kinds of things have to be reported on
1099 forms under
the new law, the lack of any mention of retail or wholesale
transaction of ANYTHING
does not convince people who want to believe otherwise.

----
Frank Provasek Rare Coins www.frankcoins.com
Texas Auction License 11259, Board member of Texas
Coin Dealers Association, Member TNA, ANA, PCGS,
NGC, Industry Council for Tangible Assets - Full Time Since 1991
See my eBay Listings at http://shop.ebay.com/merchant/frankcoins

Miss Quinn

unread,
Nov 27, 2010, 9:10:41 PM11/27/10
to
All gold coin transactions, buy or sell, over $600 will be reported to the
goverment. This is totally unconstituional. Check this chilling video.

http://www.youtube.com/watch?v=YDJmmjLAHQ8


No User

unread,
Nov 27, 2010, 9:15:46 PM11/27/10
to

"Nick Pyle" <nap...@gmail.com> wrote in message
news:fee50359-d27d-49e3...@d20g2000yqg.googlegroups.com...

CALL TO ACTION 1099 REPEAL


This is a grab for our gold coins!!!!

The Obamacare Gold Grab

What does healthcare have to do with gold sales? In the minds of the fascist
crafters of the Obamacare law: apparently a lot.

Tucked away in the 2,300 page bill, in section 9006, is a provision that
expands the scope of the Internal Revenue Service (IRS) Form 1099. Beginning
Jan. 1, 2012, a Form 1099 will have to be filed to report to the IRS the
purchase of all goods and services by small business and self-employed
people that exceed $600 during a calendar year.

This is an onerous bookkeeping nightmare for all small businesses. But
precious metals dealers will really take a hit.

“Coin dealers not only buy for their inventory from other dealers, but also
with great frequency from the public,” Diane Piret, industry affairs
director for the Council for Tangible Assets, told ABC News. “Most other
types of businesses will have a limited number of suppliers from which they
buy their goods and products for resale.”

One coin dealer told ABC News he deals with about 1,000 customers each week
and predicts he’ll be filling out between 10,000 and 20,000 tax forms per
year because of the new law.

“I’ll have to hire two full-time people just to track all this stuff, which
cuts into my profitability,” he said.

That may help the unemployment situation a little, or maybe not. Many
dealers will have to cut loose some on their staff who actively contribute
to their bottom line in order to hire someone just to create paperwork to
satisfy the IRS.

The ABC News report said the new tax provision was intended to mine what the
IRS deems a vast reservoir of uncollected income tax and was included in the
Obamacare bill as a way to pay for it. The new law is expected to raise $17
billion over the next 10 years.

What this provision truly is is another attack on small business and a way
to better track who is buying and selling gold.

Just think, if you decide to sell some gold or silver to a dealer because
you need some cash, the IRS is going to know about it.

The establishment hates gold in the hands of the public. In 1933 President
Franklin Delano Roosevelt confiscated gold from the American people. These
new reporting requirements will make very it easy for an oppressive,
overbearing, out-of-control fascist government to do it again.

House Speaker Nancy Pelosi (D-Calif.) said we’d have to wait until the
Obamacare bill was passed to learn what was in it. The bill was a stinker on
the surface, but the deeper we dig the more odiferous it becomes.


TeaPartyPatriot4Ever

unread,
Nov 28, 2010, 9:27:20 AM11/28/10
to
Obama, being in office for 2 years now, has managed to put America, on the
brink of Bankruptcy and Insolvency, from Obama's Multi-Trillion Dollar
Spending Sprees, for all of his Wealth Redistribution Welfare Entitlement
Programs, and his Unconstitutional and illegal massive 2.4 Trillion Dollar
Obamacare / Tax and Control Legislation, which with all of other Obama
Stimulus and Bailout Spending he has done, and still wants to do., that as
Doubled the National Debt, and the Deficit, by himself, which now stands at
13.5 Trillion Dollars, of which 97% of America's GDP, now goes to pay for
the interest payment alone, which also gives America almost a "0", if not
negative Income to Debt Ratio, as well as the National Unemployment level of
Americans, which is around 30 Million Americans out of work and under work,
making the Unemployment rate between 9.6%-16%, Nationwide, and Inflation,
and or deflation, are on the horizon, as the Recession turns into a
Depression, especially when Bernanke, the Federal Reserve, starts printing
600 Billion Dollars more, which will cause massive inflation, and the
Devaluing of the US Currency, at an astronomical rate.
-
24 Nov. 2010, Russia and China, have just announced that they will no longer
be using the US Dollar as the International Currency, and thus, the world
will follow them, and thus starts the Decline and Fall of the US Dollar, and
eventually America itself, as this is just the beginning...
-
The Fall of the US Dollar, thanks to Obama, is just starting, and it will
completely destroy America, America's Economic Power, Stability, and
Influence around the world, and all that America represents.. By 2011, and
into 2012, you can all kiss your savings, investments, and pensions "Good
Bye". and you can thank Obama, and all the Liberal Obamacrats - Pelosi and
Reid, in Congress, for destroying all of it.!!!
This is what happens when you vote into office, the Presidency of the Unites
States, a far leftwing Liberal Socialist Marxist, Anti-American,
President.!!!!!
Obama had not had 1 day of Experience as a Chief Executive of anything, Not
1 day as a Military Commander, Not 1 day as a Mayor or Governor of a City or
State, before being elected as President, by the swing Independent Voters.
Only his Ideological and Political Indoctrination, and being a Community
Organizer, and part time State and U.S. Senator.
-
Obama's Failed Policies, and thus his Presidency, is destroying America, as
we know it, and so, We, The American People, must get rid of him, once and
for all, before it's too late.!!!

"Nick Pyle" <nap...@gmail.com> wrote in message
news:fee50359-d27d-49e3...@d20g2000yqg.googlegroups.com...

Scott Brock

unread,
Nov 28, 2010, 9:38:33 AM11/28/10
to
The aggregate part has insidious implications.

I spend more than $600 at the grocery store each year, don't you? I think
everyone does.

Therefore the grocery store, a business, is required by law to track and
report my purchases to the IRS.

Let me ask you this. How are they not going to know who has passed the $600
aggregate limit unless every single customer is required to present a SSN
and state ID for every single purchase, no matter how small?

The answer is there is no way really. You will be required to present a SSN
for every purchase at every store, even a bottle of soda might push you over
the $600 limit, so you will have to be tracked for every purchase.

For those who are Christians, this has religious implications. No one may
buy or sell unless he has received a mark or the number of his name. Of
course no churches will say anything about this unless it is to tell their
congregants that everything is fine and it is OK to go along with this

"Nick Pyle" <nap...@gmail.com> wrote in message

news:a4214e37-1dee-49bb...@u3g2000vbj.googlegroups.com...

Bremick

unread,
Nov 28, 2010, 9:46:41 AM11/28/10
to

"TeaPartyPatriot4Ever" <billyjo...@aol.com> wrote in message
news:ictors$iof$1...@speranza.aioe.org...

You for got to cite how Obama's "failed policies" have caused 600,000 people
around the world to die from second-hand smoke, these policies obviously
making them too poor to afford first-hand smoke. And the recent
earthquakes, floods, and those volcanos. All happening after Obama took
office. All likely due to more "failed policies".

Frantisek Baltiska

unread,
Nov 28, 2010, 9:01:08 PM11/28/10
to
"Scott Brock" <sc...@stormfront.org> wrote in message
news:ictpgt$kfe$1...@speranza.aioe.org...

> For those who are Christians, this has religious implications. No one may
> buy or sell unless he has received a mark or the number of his name. Of
> course no churches will say anything about this unless it is to tell their
> congregants that everything is fine and it is OK to go along with this
>
It is amusing how the »tea party« americans always frame them selves as
being force by the government to do something in violation of a religious
myth.


----
Inhalt der Münzhauptseite zum Thema Münzen sammeln
http://sammler.com/


mazorj

unread,
Nov 29, 2010, 6:04:58 AM11/29/10
to

"Frank Provasek" <fr...@frankcoins.com> wrote in message
news:460dd267-1a66-4379...@32g2000yqz.googlegroups.com...

...


> I guess corporations only want to be "people" when they want to
> spend money to influence elections.

And therein lies the source of a peculiar set of distortions of our
political and economic system that have tilted our democracy toward money
interests and away from the interests of the average citizen.

Nick Pyle

unread,
Nov 29, 2010, 3:03:14 PM11/29/10
to
Just a quick note to clarify - the 1099 reporting requirement as
expanded under the health care reform law will require business to
report aggregate non-credit card expenditures greater than $600 in a
year to individuals.

To whoever says individuals will have to send out 1099s that is wrong,
however if you (an individual for purposes of this exercise) for
example sell $600 or more in coins, currency or bullion etc to a
single dealer they would be obligated then to send you a 1099.

I don't feel compelled to argue the point further - it is what is.

The law takes effect in 2012 so data collection begins that year with
reports issued in January 2013. So frankly of your CPA isn't up to
date they still have time..

Frankly the IRS had yet to issue rule making guidance on the proposal,
just a speech form the commissioner saying credit card transaction
will be exempt, that data is already collected through other means.


Jane_Galt

unread,
Nov 29, 2010, 3:48:11 PM11/29/10
to
This is specifically targetting to takeing away our gold coins.

It is no surprise really that gold coin buyers and sellers would come
under closer goverment scrutiny. People are fleeing Zionist Reserve Notes
and buying gold and silver as a hedge against the inevitable inflation that
will hit us.


"The rising popularity of gold is a threat to the fiat currency scheme of
the federal government. It's no wonder the statists are targeting the metal
with the tax code." - Campaign For Liberty


This will be a way for the goverment to "register" people who buy gold
(and silver too). Eventually the goverment will probably want to
confascate your metal too, just like FDR did (By the way - that's called
theft - thats what the Democrats do). Plus, they are also most likely
clearing the way for a VAT Tax. Nancy Pelosi has already drawn plans to
take away everyones 401k accounts to turn them into annunities.


Obamacare gave way too much power to the IRS.
They will be the defacto enforcers of Obamacare.


Another thing we are accumulating besides gold is bullets.

The time is long past to take action.

Heartbone

unread,
Nov 29, 2010, 9:31:40 PM11/29/10
to
Mr Pyle, you need to educate coin dealers and collectors on this simple set
of facts.

· The IRS's arthority to tax transactions are derived from the tax code.


· The tax code (as I understand it) covers tranactions that involve Federal
Reserve Notes.


· If you do not use FRNs, then the IRS has no authority.


· A transaction using FRNs is defined as a "sale".


· If you trade three heifers for a bull and a colt there would be no way to
determine the tax, and there is no? authority for such tax. Likewise silver
for gold trades.

Now the IRS might claim that barter transactions as taxable. Which would
mean that you have to keep tabs on the trades? you make and keep good
records of them so they can be *properly taxed* The IRS alleges to measure
bartered exchanges by using the market price of the goods or services
someone receives. In a swap, both parties have to list the market value of
what they received as income.

The IRS is insane.


If the transaction is a SWAP (an exchange of things considered equal)
then there is NO PROFIT to tax.


Nick Pyle

unread,
Nov 29, 2010, 11:36:38 PM11/29/10
to

You are talking about like kind exchanges. Starkers work in real
estate etc. that's where coin dealers are headed - my fresh currency
in exchange for your legal tender antique coin, currency etc.

Nick Pyle

unread,
Nov 29, 2010, 11:37:31 PM11/29/10
to
SENATE 1099 REPEAL FAILS TWICE TO GARNER SUPERMAJORITY

The Senate late on Monday November 29 failed twice to repeal the
enhanced 1099 reporting element of the health care overhaul even
though a clear majority of Democrats and Republicans agreed something
needs to be done. The Democratic plan, sponsored by Senate Finance
Committee Chairman Max Baucus (D-MT) to overturn attracted only 44
votes in support with 53 against; a Republican plan from Senator Mike
Johanns (R-NE) that would have cut other programs as an offset to the
revenue the proposal lost by the repeal fell short on a vote of 61 to
35. Senate Majority Leader Harry Reid (D-NV) late last week weighed
in on the intense partisan dispute and set a supermajority threshold
of 67 votes to eliminate a provision that critics have seized on to
illustrate the failings of the health care legislation.

The failure to pass either of the two Senate votes on repeal
diminishes chances for some relief during the lame duck session of the
111th Congress. However some say the support garnered from both
parties bodes well for eventual action. What is clear – having
dueling Democratic and Republican proposals allowed lawmakers to
register their disapproval of the 1099 requirement.

It’s still not too late for individuals and companies to let Congress
know just how they feel about 1099 reform. Go to www.senate.gov or


www.house.gov to find your Members of Congress and their websites.

CAPITOL HILL TELEPHONE: 202-224-3121.

Background: Under current law businesses that spend a cumulative $600
or more with a vendor, supplier or contractor on services are required
to file a 1099 form with the IRS identifying the recipient of the
money. The 1099 issue refers to expanded information reporting mandate
contained in Section 9006 of the "Patient Protection and Affordable
Care Act" (PPACA). Under the expanded reporting provisions coin
currency and precious metals sellers across the nation will be
subjected to the data collection and information filing of IRS form
1099 on virtually all non credit card business-to-business and
business-to-person transactions they make aggregating $600 or more in
a year. Specifically, the provision would require any firm to file
with the IRS a 1099 form with each business or individual from which
it purchases more than $600 in goods or services. The new information
reporting requirement will not take effect in 2012 unless it is
repealed.

Buster Hymen

unread,
Nov 30, 2010, 12:31:55 AM11/30/10
to
This is the setup for the ultamate end game. The height of arrogance and
disdain for the rights of “we the people” is unbridled and clearly
demonstrated when the goverment failed to repeal this assault on our
libertys. Look for another 1933 Gold conficastion. SELL ALL GOLD COINS
WORTH MORE THAN $600

Why would that be tucked in the 2,300 pages of the health care bill? It is
there because the bill isn’t about health care, it’s about government
control!!!! We are living through a Marxist/Socialist takeover of the United
States by progressives like Pelosi, Obama, Reed, Frank (a homosexual as
well) , Dodd and et al. The radical left and their negro-centric policies
cannot win elections or pass their agenda with the full light of day shining
on them, so they are trying to jam everything they can into the bills before
they lose their majority in Congress. This is truly the tyranny of the
minority.


"Nick Pyle" <nap...@gmail.com> wrote in message

news:5ed724ad-853c-4dd8...@p1g2000yqm.googlegroups.com...

Ringer

unread,
Nov 30, 2010, 12:54:04 AM11/30/10
to
"Buster Hymen" <bus...@invalid.invalid> wrote in message
news:id228a$2va$1...@speranza.aioe.org...

> This is the setup for the ultamate end game. The height of arrogance and
> disdain for the rights of “we the people” is unbridled and clearly
> demonstrated when the goverment failed to repeal this assault on our
> libertys. Look for another 1933 Gold conficastion. SELL ALL GOLD COINS
> WORTH MORE THAN $600
>

Relax people...1099 forms are for goods or services related to a business.
The copy machine, the lawn guy, advertising, rent, attorney, accountant,
fixed assets. And if you pay with a debit or credit card, you won't need to
file a 1099 in any case. Any business is foolish that doesn't already pay
with the many small business cards thay pay cash rebates. Retail sales were
never intended to be included. That's just hogwash from the Cato Institute
and talk radio, who pounce on any misrepresentation they can make about the
health care bill to make people hate it. Looks like some of the coin dealer
trade groups fell for the right wing think tank's analysis. The Cato
Instiute article actually concluded that instead of trying to collect income
that tax evaders don't pay, a better solution is massive tax cuts, which
would reduce the incentive to cheat!

Sher Zieve

unread,
Nov 30, 2010, 4:38:10 AM11/30/10
to
Are Obama's perversions becoming even more pronounced?

We already know that Obama's mentor and facilitator George Soros considers
the manipulation destruction of countries and their peoples an enjoyable
game. Soros looks at said countries and humans as mere puppets in his
playpen, useful only to satisfy his wicked desires to control them--totally.
On 3 June 1993, Soros is quoted--one of his more benign ones--by the
Independent as commenting: "It is sort of a disease when you consider
yourself some kind of god, the creator of everything. But, I feel
comfortable about it now since I began to live it out!" Megalomania is a
Soros attribute. And as a perennial persona non grata, he has been thrown
out of multiple countries (including Great Britain and Malaysia) and banned
from returning to them. Now he has laid the plans and--with Obama's
assistance--is in the process of destroying the USA. The Obama seems to be
following his master's every command. Let's take a look at what Soros'
apprentice has already accomplished. These are accomplishments of which The
Obama is proud--very proud, indeed!

1. Obama has stolen most of US taxpayers monies and--via new intrusive
programs--is bent upon taking the rest of it

2. Obama has given his billions of his ill-gotten dollar gains to foreign
countries (including China) for THEIR work forces, while eliminating (now at
30 million and rising) American jobs

3. He has effectively nationalized the auto and financial industries and now
seems to have his sights set on the airline industry. Note: The US
Government already controls the US train system via Amtrak

4. Obama now controls our bodies, medical care and the time of our deaths
via his massive and all-intrusive and forced-down-our-throats "ObamaCare"--a
program that has little to do with health care but, everything to do with
control of human bodies and minds

5. Although the TSA was installed before The Usurper Obama assumed power
over We-the-People, he is now using it as his personal "conditioning the
masses" tool. Not only are adults being sexually groped but, more and more
frightened and screaming children are also. I've included a number of source
references at the end of this column but, there are simply too many to
include all of them here

6. Although I presume not all TSA agents are as vicious as the ones depicted
are, the TSA has--for reasons we now know--announced that ALL cameras will
be confiscated and no one may now film the sexual, humiliating and still
illegal-in-any-other-venue groping by TSA agents. By the way, where are the
decent TSA agents? Have they contacted their union and advised them they
will not proceed with these aberrant behaviors? If not, why not? Note:
Folks, this has nothing to do with security but, everything to do with the
Obama/Soros program to create an even larger group of Sheeple--those willing
to submit to anything and everything. More control of humans so they will
march more submissively to some newly-planned gas chambers?

7. Still using the proven hoax (aka "lie") of "global warming" as his
excuse, The Obama is bent upon passing a bill to restrict if not end
individual energy usage in the USA. The prices would be so high that few
could afford it. More control of humans so they will go back to tribal
fires?

8. Obama & Co's plan to control ALL of America's food sources--including
home gardening in the Orwellian proposed bill S 510. Although some of the
more draconian measures are said to have been stripped from the proposal,
from experience I know it's easy and even usual for the Marxist
congressional leaders to enter them back in before going to a vote. Please
continue to call your Senators (202-224-3121) and demand they vote "NO" on
this additional attempt at enslavement of We-the-People

Sadly and as usual, there simply isn't enough room to discuss all of the
ills Obama & Co have brought to this country and all of the particulars of
their war against us. Don't forget they are still--against the will of the
American people--trying to pass the DREAM Act--a first-stage effort toward
Amnesty; the creation of a new Democrat (aka Marxist) Party voting bloc. We
need to remember that winning the House with conservative constitutionalists
was only the first step in taking back OUR country.

The Marxist ruling class now in charge of congress plans to leave no earth
unscorched before it leaves in December. Our next steps must be to stop
Obama and his policies in their tracks. A gridlocked congress is a good
congress! Next election, we must vote out the rest of the Marxists up for
reelection--this includes RINOs--and replace them with true
Constitutionalists. We also need to include prayers to God with our actions.
And with reference to the TSA? Let's ALL just say NO to the groping and stop
this insanity! Remember, the TSA is NOT affecting full body "pat-downs" on
Muslims. Hmmm. Is that merely more insanity, another Obama/Soros perversion
or both?

Puppet Master' Soros Has 'Fun' Subversively & Adversely Affecting Societies;
Lays Out His Plan For America:

http://www.sodahead.com/united-states/puppet-master-soros-has-fun-subversively-adversely-affecting-societies-lays-out-his-plan-for/question-1325537/

Bremick

unread,
Nov 30, 2010, 9:19:19 AM11/30/10
to

"Sher Zieve" <sh...@aol.com> wrote in message
news:id2glv$4uk$1...@speranza.aioe.org...


Boy, you sure seem at home in alt.conspiracy. You sound like its founder.
I can understand why you don't just live somewhere else; you'd have to
listen to a whole new set of pundits and learn a new speech. You've got
this one down pat. And apparently you must have had an unpleasant
experience with the TSA, considering how paranoid you are over this
particular issue. Perhaps it was due to the minimal junk revealed on your
body scan. Or maybe it was the female agent who was assigned to do your
pat-down.

Steve

unread,
Dec 3, 2010, 1:22:24 PM12/3/10
to
On the PCGS precious metal discussion board, this topic devolves into
Jewish banking conspiracies, tracking of gold coins for confiscation,
Obama wanting to control every aspect of our lives, then usually
hoping that some patriot will "take him out." Then the thread gets
cancelled. Not just a stray nut job...dozens of different
people...major dealers...with the same mindset.

TwpTexas

unread,
Jan 1, 2011, 1:16:34 PM1/1/11
to
It
is a Fact that Obama is determined to make America over into a
Marxist/Socialist/Nazi Society. The People have showed what they want. The
don't want a compromise.
The People want Obama STOPPED. Do what must be done to STOP Obama and his
Marxist/Socialist/Nazi Desire. Obama the Anti-Christ is seeking the
Destruction
of America. Deny Obama and you will Destroy Him. See Truth.
2 Thessalonians 2:11-12
11And for this reason God will send them strong delusion, that they should
believe the lie, 12 that they all may be condemned who did not believe the
truth but had pleasure in unrighteousness

"No User" <nou...@invalid.invalid> wrote in message
news:icse0c$doi$2...@speranza.aioe.org...

ggswede

unread,
Jan 6, 2011, 12:59:54 AM1/6/11
to
Will the 1099 requirement go away when they repeal Obamacare?

Concerned4America

unread,
Jan 6, 2011, 2:21:32 AM1/6/11
to
"Heartbone" <nob...@nowhere.net> wrote in message
news:id1nmc$4cu$1...@speranza.aioe.org...

> Mr Pyle, you need to educate coin dealers and collectors on this simple
> set of facts.
>
> � The IRS's arthority to tax transactions are derived from the tax code.
>
>
> � The tax code (as I understand it) covers tranactions that involve
> Federal Reserve Notes.
>
>
> � If you do not use FRNs, then the IRS has no authority.
>
>
> � A transaction using FRNs is defined as a "sale".
>

None of this abiding by the rules cause we are scaird of the goverment will
result in real change. Real revolution will only happen here in America
when the bread-and-butter, salt of the earth folks in this country who do
not consider themselves as being in approval of the current state of affairs
free themselves of the terror instilled in their hearts by the IRS and
refuse to pay their taxes to support the evil federal goverment. It will be
nasty for sure, when the welfare queens and illegals get their food stamps
and welfare cut off, we can expect riots. They all say the tree of liberty
must be refreshed with the blood of patriots. I like the BLOOD OF PARASITES
better.

Peter

unread,
Jan 6, 2011, 4:11:29 PM1/6/11
to
On Jan 6, 2:21 am, "Concerned4America" <jmill...@foxnation.com> wrote:
> "Heartbone" <nob...@nowhere.net> wrote in message
>
> news:id1nmc$4cu$1...@speranza.aioe.org...
>
> > Mr Pyle, you need to educate coin dealers and collectors on  this simple
> > set of facts.
>
> > The IRS's arthority to tax transactions are derived from the tax code.
>
> > The tax code (as I understand it) covers tranactions that involve
> > Federal Reserve Notes.
>
> > If you do not use FRNs, then the IRS has no authority.
>
> > A transaction using FRNs is defined as a "sale".
>
> None of this abiding by the rules cause we are scaird of the goverment will
> result in real change.  Real revolution will only happen here in America
> when the bread-and-butter, salt of the earth folks in this country who do
> not consider themselves as being in approval of the current state of affairs
> free themselves of the terror instilled in their hearts by the IRS and
> refuse to pay their taxes to support the evil federal goverment. It will be
> nasty for sure, when the welfare queens and illegals get their food stamps
> and welfare cut off, we can expect riots.  They all say the tree of liberty
> must be refreshed  with the blood of patriots. I like the BLOOD OF PARASITES
> better.

If you believe that the federal government is evil and you also adhere
to any creed that prefers good over evil, you really have 2
alternatives. A full and intelligent discussion of the subject is in
Rheinhold Niebuhr's, "Moral Man and Immoral Society".

Broadly, the choices are to change the government or to leave the
country and if it is sufficiently evil work for its overthrow.

Really, the braver course is to work to change the government. In
doing so, the more obvious avenue is to run for public office. May I
also mention that getting elected is usually difficult and it earns
you the right to have all of the complaints directed at you. If you
choose that course, I feel quite safe predicting that it will change
your perspective on your leaders, enormously.

Read the book and think it over.

0 new messages