Political junkie and aspiring pundit with a focus on financial services. But willing to opine on everything. Opinions are my own. Handle is from AIM.
WDC
Joined October 2009
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Jason Rosenstock retweeted
Small businesses are the backbone of New Hampshire's economy. As a small business owner, I'll always fight to ensure Main Street has the support they need.
I'm honored to have the support of the @USChamber as well as small businesses throughout the First District. #NHPolitics
Jason Rosenstock retweeted
You can’t claim to be for law and order and call the people who attacked the police on January 6th “patriots.”
A new IRS rule means many small-business owners will face a bigger administrative burden for accepting payments on services like Venmo and PayPal bloomberg.com/news/articles/… via @BW
Jason Rosenstock retweeted
Thank you @RepKenBuck for meeting w/ eBay sellers Karen Lesak of Finds for You, Yinka Ogunsunlade of @FL_eBayStore and Nick Quade of Relay Networks to discuss the negative impacts of the SHOP SAFE Act on #SmallBiz. We are grateful for all your work to #ProtectSmallBiz.
Monday is tax day but it is never too early to start thinking about next year and as @Saunderswsj points out in this great piece wsj.com/articles/you-made-70… if you occasionally sell a few things online - next year is going to be much more challenging.
Jason Rosenstock retweeted
NEW: @RepCindyAxne and @RepChrisPappas are introducing legislation to raise the 1099-K reporting threshold. They say their bill is intended to help people who sell used goods online. bit.ly/3If9qRc
Jason Rosenstock retweeted
Granite Staters selling items and doing business online shouldn’t have to be subjected to confusing tax requirements.
Today I introduced legislation alongside @RepCindyAxne to cut red tape and make it simpler and easier for small online sellers.
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pappas.house.gov/media/press…
I feel for the staffers who are struggling here. Not disused is that salaries on the Hill have remained the same while the cost of living has grown. I made 24k at my first hill job in 1999. My rent was 700 now that place would cost triple that. politi.co/3IZf8aM
Jason Rosenstock retweeted
The Bipartisan Infrastructure Law is a very big deal for our community.
For decades, infrastructure in California has suffered from a systemic lack of federal investment.
This law will help turn things around while creating great American jobs!
@KUSINews
You're correct that if you sell personal goods for a loss there is no reportable income. But the platforms don't know your basis in those goods. So if you cross that $600 threshold they will issue you a 1099-K, which is going to confuse millions of folks when they get them.
"If you’re selling personal items at a loss, the reporting doesn’t affect you, Bronnenkant said. For instance, if you purchased a dining-room table for $1,000 and sold it for $600, this amount would not be subject to income tax or result in PayPal sending you a 1099-K."
Hey @EricBronnenkant I think you got half this wrong in @SingletaryM story washingtonpost.com/business/… today?
Jason Rosenstock retweeted
But like his fellow 2020 decertifiers, he has no doubt he himself was elected fairly - in the same election on the same ballots in the same year. msn.com/en-us/news/politics/…
Jason Rosenstock retweeted
"Jan 6th and The Big Lie are far worse than Watergate. Richard Nixon cheated to win and resigned. Donald Trump refused to acknowledge losing and attempted to overthrow the government. Nixon had intelligence and a conscience. Trump has only ignorance and vanity." - John Dean