140 Million Families Will Be Forced to Submit Obamacare Individual Mandate Compliance Forms to IRS

Scotty Starnes posted: " Team Obama has to make sure taxpayers are paying the ObamaCare TAXES so moochers can receive free health care. From ATR.org: The Congressional Budget Office on Wednesday announced that six million American families will be forced to pay the Obam" Respond to this post by replying above this line New post on Scotty Starnes's Blog 140 Million Families Will Be Forced to Submit Obamacare Individual Mandate Compliance Forms to IRS by Scotty Starnes Team Obama has to make sure taxpayers are paying the ObamaCare TAXES so moochers can receive free health care. From ATR.org: The Congressional Budget Office on Wednesday announced that six million American families will be forced to pay the Obamacare individual mandate non-compliance penalty tax. The six million families who will be forced to pay the tax understates the true compliance burden of the looming Obamacare individual mandate scheduled to take effect in 2014: Every American required to file an income tax return must report to the IRS whether or not they have "qualifying" health insurance under Obamacare. Thus, this tax will not just impact the six million American families having to pay the tax, but the 140 million U.S. households which file an annual income tax return.  Each of the 140 million households will be forced to complete and submit compliance forms to the IRS. The compliance burden described above does not even take into account the other 19 new or higher taxes in the Obamacare law, which the IRS has determined for the Ways and Means Committee will increase tax preparation time by a collective 80 million hours per year. The non-compliance penalty tax will hit middle-income Americans, a violation President Obama's "firm pledge" not to raise "any form" of tax on families making less than $250,000 per year. There are at least seven Obamacare taxes that directly hit families making less than $250,000. Scotty Starnes | September 20, 2012 at 1:48 PM | Tags: CBO, compliance burden, individual mandate compliance form, IRS, Obamacare, ObamaCare tax | Categories: Political Issues | URL: http://wp.me/pvnFC-8dJ Comment    See all comments Unsubscribe or change your email settings at Manage Subscriptions. Trouble clicking? Copy and paste this URL into your browser: http://scottystarnes.wordpress.com/2012/09/20/140-million-families-will-be-forced-to-submit-obamacare-individual-mandate-compliance-forms-to-irs/ Thanks for flying with WordPress.com

--
Thanks for being part of "PoliticalForum" at Google Groups.
For options & help see http://groups.google.com/group/PoliticalForum
 
* Visit our other community at http://www.PoliticalForum.com/
* It's active and moderated. Register and vote in our polls.
* Read the latest breaking news, and more.