Emergency Alert to Small Business

How One Clause of "Jobs Bill" Could Wipe Out Small Business in America Tomorrow!
By Wayne Allyn Root, CEO, Entrepreneur, Small Business Owner and 2008 Vice Presidential Nominee

Obama and his socialist friends in Congress are trying desperately to replicate California, New York and Michigan where business owners, retirees and taxpayers are fleeing by the hundreds of thousands. In just the past few weeks, Obama and his anti-economic freedom Congress have tried to pass two bills that each could wipe out small business, destroy millions of jobs, and cause a mass exodus of business owners and high income earners out of this country (just as millions of taxpayers have escaped from New York, Michigan and California). Taken together they are a message from Obama: WE ARE OUT TO SEIZE YOUR PROPERTY, STEAL YOUR MONEY, AND DESTROY YOUR LIFE IF YOU OWN A SMALL BUSINESS.

Starting in 2012, every business owner in America must send out a 1099 to the I.R.S. for every bill they pay that adds up to $600 or more in the course of a year. This new law will create a blizzard of compliance issues and paperwork, and an I.R.S. Nanny State unimaginable heretofore. The cost of compliance will be billions of dollars - in the middle of a depression. Very few small business owners have the time, money or manpower (teams of accountants, controllers, bookkeepers) to comply with this new law. It is intended to bleed small business dry and suffocate us under a blizzard of paperwork and I.R.S. tax compliance. If it isn’t overturned by a new Congress before January 1, 2012, say goodbye to millions of jobs.

The battle lines are drawn - it’s us against them. It’s small business against Obama. It’s small business versus big unions and big government. It’s capitalism and what’s left of the American Dream against socialists, Marxists and communists. It’s Obama’s attempt to turn all of America into one big California. It’s time to stop this out of control administration. [more...]