Honey, the IRS agent is here!
The Democrat’s rationed health care system would cause
the greatest expansion of the IRS since World War II.
The
Washington Examiner reported:
New tax mandates and penalties included in Obamacare will cause the greatest expansion of the Internal Revenue Service since World War II, according to a release from Rep. Kevin Brady, R-Texas.
A new analysis by the Joint Economic Committee and the House Ways & Means Committee minority staff estimates up to 16,500 new IRS personnel will be needed to collect, examine and audit new tax information mandated on families and small businesses in the ‘reconciliation’ bill being taken up by the U.S. House of Representatives this weekend. …
Scores of new federal mandates and fifteen different tax increases totaling $400 billion are imposed under the Democratic House bill. In addition to more complicated tax returns, families and small businesses will be forced to reveal further tax information to the IRS, provide proof of ‘government approved’ health care and submit detailed sales information to comply with new excise taxes.
Americans for Tax Reform has a good breakdown of the bill by the numbers.
Americans for Tax Reform today released the following “By the Numbers” breakdown of ObamaCare:
The number of new tax increases in the healthcare bill: 19
The number of tax increases that unquestionably violate President Obama’s “firm pledge” not to raise “any form” of taxes on families making less than $250,000: 7
The tax increase over the first decade if the healthcare bill becomes law: $497 billion
The top federal tax rate on wages and self-employment earnings under this bill: 43.4%
The annual tax hike for every man, woman, and child in America: $165
The top federal tax rate on early distributions from HSAs under this bill: 59.6%
The most parents of special-needs kids can save tax-free for tuition in FSAs (currently, the amount is unlimited): $2500
Read more: http://www.washingtonexaminer.com/opinion/blogs/be...
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We can only hope the same outcome will happen to the current administration.
4 and out.
This is what Soetorocare is all about.
Why do we have a President with an alias... and the state owned media doesn't question it?
If he is for it...i am against it as it isn't good for America or Americans.
The horror that is sometimes over looked on this issue is : How long will this work until those in W.D.C. borrow from this bill for stupid things like Empire building and funding back door projects?
Just remember, medicaid,medicare,social security,united states postal service - all going down the tubes. USPS wants to cut Saturday delivery to cut back on costs.
Only 30 million people get covered under this bill. - Uhm what! that's it!?
(Needless to say there is 64 million people in this country that are starving and are lucky to have grub worms for dinner. So what about the other half of the 64 million the 34 million? We let them starve and go with out?)
Something is awry here people!
Health care for everyone my left foot!