Moreover, measures like the 1099A deduction have played an essential role in enabling small and medium sized businesses to achieve greater, great, greater tax equity or equality with larger corporations. And By eliminating [the 1099A deduction], it would jeopardize over 2.5 million jobs. I realize there's been a lot of conversations about the cost of these extensions, but I urge my colleagues here to be cautious. (02:53–02:59)
CLAIM
Asserts that removing the 1099A deduction would risk over 2.5 million jobs.
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