Has anybody else read about this yet? The IRS is now supposed to determine if your insurance is sufficient and impose penalties, etc. if they think it's not? :s 6:
Has anybody else read about this yet? The IRS is now supposed to determine if your insurance is sufficient and impose penalties, etc. if they think it's not? :s 6:
I'm not happy about any of the crap they just pulled Cal!! The student loan stuff in the bill really pisses me off! The Dept of Education will now be the 7th largest bank in America!!
Lets hope the states pull together and sue the hell outta the Feds, if not, we just have to vote them all out of office...if we'll still be able to vote...
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I love Christmas lights. They remind me of the people who voted for Obama. They all hang together; half of them don't work, and the ones that do, aren't that bright.
For those who understand, no explanation is needed. For those who do
not understand, no explanation is possible.
A golf course is a willful and deliberate misuse of a perfectly good rifle range.
The report adds: “Disturbingly, the IRS would be in charge of verifying that every American taxpayer has obtained acceptable health coverage for every month of the year. If the IRS determines that a taxpayer lacks acceptable insurance for even a single month, then the IRS would impose a new tax on that taxpayer, even auditing the taxpayer and could assess interest and penalties on top of the tax.”
The agency might have to hire as many as 16,500 additional staffers, including new auditors and agents, so as to oversee the program, says Rep. Dave Camp, R-Mich., the ranking Republican on the Ways and Means Committee. That would come at an additional taxpayer cost of $10 billion, estimates show.
"It is a very dangerous expansion of the IRS' power and reach into the lives of virtually every American," Rep. Camp said in a statement.
The Ways and Means report says, among other things:
IRS agents would be tasked with determining whether Americans had obtained the insurance coverage required under the individual mandate.
Individuals could be fined $2,250 or 2 percent of income, whichever is greater, if you are unable to prove you have "minimum essential coverage."
The IRS would be empowered to confiscate tax refunds if necessary.
Audits probably would increase as a result of the legislation's new requirements.
The budget for IRS operations will balloon by $10 billion in the next decade in order to administrate the new program. Nearly half of the new individual mandate taxes will be paid "by Americans earning less than 300 percent of poverty, $66150 for a family of four.
Yes, but now you can cancel your insurance, pay the cheaper fine and just get insurance on the way to the hospital.
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John Adams “The moment the idea is admitted into society that property is not as sacred as the laws of God, and that there is not a force of law and public justice to protect it, anarchy and tyranny commence.”
Ronald Reagan: 'Everybody that is for abortion has already been born'
"I never said I was worth it. I only said I wouldn't do it for less " William F. Buckley Jr.
Yes, but now you can cancel your insurance, pay the cheaper fine and just get insurance on the way to the hospital.
There should be a machine set up next to ATM's, so customers can draw cash out of one and enter it into another with the ability to select the type of insurance they will need. Better yet how about a Drive Thru like Tim Hortons, just before you enter the parking lot of the hospital. A patient can recieve a policy and a complimentary donut prior to being rolled into the ER. I like this, it shows promise.
There should be a machine set up next to ATM's, so customers can draw cash out of one and enter it into another with the ability to select the type of insurance they will need. Better yet how about a Drive Thru like Tim Hortons, just before you enter the parking lot of the hospital. A patient can recieve a policy and a complimentary donut prior to being rolled into the ER. I like this, it shows promise.
That sounds like the "exchange" Obama keeps talking about.
C. Davis
__________________ Am I greedy because I don't want to give you what is mine?
or
Are you greedy because you want to take what is not yours?
New IRS Powers--What the Heck????
Remember them!!
