Among the first things members of the U.S. Senate should do when they return from their August recess is approve Nebraska Republican Sen. Mike Johanns’ amendment to repeal Section 9006 of Obamacare. Not familiar with Section 9006? That’s the provision requiring that every business, charity, and state and local government file a separate Internal Revenue Service Form 1099 listing every purchase of goods or services worth $600 or more. Yes, you read that right, every single purchase of $600 or more gets its very own IRS return. Your office got a $601 phone bill last month? Goes to the 1099. Those Xeroxes your office staff can’t live without and cost more than $600 in paper? Goes to the 1099. And so on and so on.

If Section 9006 is allowed to stand, it will mean crushing new expenditures of time and money for at least 40 million small businesses. According to the National Taxpayer Advocate Service, which is an IRS ombudsman, at least 26 million sole proprietors will be required to comply with Section 9006′s reporting requirement. Johanns reports that one of his small-business constituents estimates the provision will add $23,000 to his firm’s tax compliance costs. Every dollar that goes to preparing more paperwork for the IRS is one less dollar available for investment in new jobs. Considering the Congressional Budget Office’s prediction Friday that unemployment is going to remain above 9 percent for months to come, Section 9006 could not be more ill-timed.

Read more at the Washington Examiner: http://www.washingtonexaminer.com/opinion/Ease-the-burden-of-Obamacare_s-paperwork-533592-101177614.html#ixzz0xQCxyWwl