Repeal of 1099 for $600 purchases in the works?

[joe_momma]

There are a number of threads on the boards talking about the 0bama care provision that requires a 1099 tax form for every transaction that exceeds $600 annually -

This would be a significant burden on small businesses, really clobber coin dealers, and irritate persons who hold PMs. (Not me by the way, I've lost everything in a series of tragic, yet unique, boating accidents).

Politico is mentioning that the Dems are racing to beat the Republicans to repeal it.

http://www.politico.com/news/stories/0710/40459.html

Democrats race Republican Party to health 'repeal'

[platinumdude]

That is good news. Looks like one way or another it will be repealed.

[1970 silver art]

I'll believe it when I see it. I am still skeptical. I want to see it repealed.