Heeere’s Health Care: ‘The Tax Man Cometh To Police YOU’

Heeere's Health Care: 'The Tax Man Cometh To Police YOU'
by Ilana Mercer

Someone asserted in my presence the other day that Obama Care would not affect his physician (and by extension, his own medical care).

The poster person for this mathematical improbability is Minority Leader Nancy Pelosi. Pelosi promised (and she believes her own institutionalized stupidity) to expand government through this enormous entitlement program, and drastically reduce the deficit and debt at the same time.

Pelosi math aside, call Obama's Affordable Care Act what you may­penalty, tax, plunder, rape­it'll affect you and your physician.

Via The Washington Examiner :

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.

"Knowing the complexity of the health law, there's no question that the IRS is going to struggle with this," said Rep. Charles Boustany Jr., R-La., chairman of the House Ways and Means oversight subcommittee. "The IRS wants more resources. Well, we need to start digging down into what are they doing with the resources and personnel."

Treasury spokeswoman Sabrina Siddiqui said, "The overwhelming majority of funds used by the agency to implement the Affordable Care Act go to administer the premium tax credits, which will be a tax cut averaging about $4,000 for more than 20 million middle-class people and families.

…an insurance company would send the taxpayer and the IRS forms each year verifying that the taxpayer has qualified insurance. Taxpayers would file the forms with the IRS along with their returns, and the IRS would check them to make sure they match the information supplied by the insurance companies.

The IRS says it is well on its way to gearing up for the new law but has offered little information about its long-term budget and staffing needs, generating complaints from Republican lawmakers and concern from government watchdogs.

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. "

http://barelyablog.com/?p=53734