Talk of The Villages Florida - View Single Post - Broken Promises of ObamaCare
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Old 07-07-2012, 02:49 PM
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We were promised a "" pick your post apart bit by bit "...actually the poster said he COULD, not that he WOULD...but taking him at his word I am sure he will give it a fair shot...thought would add a few more costs to the taxpayers on this bill, HOWEVER, the good news is that it WILL CREATE JOBS, it appears...

"The Supreme Court's decision to uphold most of President Barack Obama's health care law will come home to roost for most taxpayers in about 2 1/2 years, when they'll have to start providing proof on their tax returns that they have health insurance.

That scenario puts the Internal Revenue Service at the center of the debate, renewing questions about whether the agency is capable of policing the health care decisions of millions of people in the United States while also collecting the taxes needed to run the federal government.

Under the law, the IRS will provide tax breaks and incentives to help pay for health insurance and impose penalties on some people who don't buy coverage and on some businesses that don't offer it to employees.

The changes will require new regulations, forms and publications, new computer programs and a big new outreach program to explain it all to taxpayers and tax professionals. Businesses that don't claim an exemption will have to prove they offer health insurance to employees.



"The health care law "includes the largest set of tax law changes in more than 20 years," according to the Treasury inspector general who oversees the IRS. The agency will have to hire thousands of workers to manage it, requiring significant budget increases that already are being targeted by congressional Republicans determined to dismantle the president's signature initiative.

This, I find very interesting that our lawmakers did not provide for stiffer rules....

"The law, however, severely limits the ability of the IRS to collect the penalties. There are no civil or criminal penalties for refusing to pay it and the IRS cannot seize bank accounts or dock wages to collect it. No interest accumulates for unpaid penalties.

So how can the IRS enforce the mandate? Scary letters and threats to withhold tax refunds."


"The IRS is expected to spend $881 million on the law from 2010 through 2013, hiring more than 2,700 new workers and upgrading its computer systems. But the IRS has not made public information about its spending plans in the following years, when the bulk of the health care law takes effect."

My Way News - The tax man cometh to police you on health care

I am convinced of two things...

First, if Romney wins this is such a confusing mess it cannot be undone as he would like to.

Second, we are not even close in this country to be able to afford this and it will be interesting to watch our wonderful congress handle how to take care of our money !!!

I am getting to the point where I do not think our "leaders" of ANY party even understand that they cannot continue down this road !!!