Senator Snowe Addresses Onerous Federal Burdens In Senate Finance Committee Hearing

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Uploaded by on Feb 8, 2011

At the Senate Finance Committee's markup of the Airport and Airways Trust Fund today, senior member Senator Olympia J. Snowe (R-Maine), raised the issues of 1099 information reporting for rental real estate and the three percent withholding requirement on government contracts as two issues that drastically impose billions of dollars of compliance costs on both the public and private sectors, with a disproportionate impact on small businesses.

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