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April 30, 2010

IRS: The Tax Man/Health Insurance Man Cometh in 2014 … A Dangerous Expansion of Power

Posted in: Government,Healthcare,Obamacare,Obamanation

In 2014, the IRS becomes the enforcer of Obamacare. Their checking they’re list, they’re checking it twice, they’re gonna find out whether you don’t have health insurance or nice.

Starting in 2014, the agency will have another task: making sure all Americans have health insurance. Under the law, Americans who can afford health insurance but refuse to buy it will face a fine of up to $695 or 2.5% of their income, whichever is higher. More than 4 million Americans could be subject to penalties of up to $1,000 by 2016 if they fail to obtain health insurance, the Congressional Budget Office said last week.

The IRS will be the enforcer — sort of.

HEALTH CARE LAW: Some trapped in pricey state plans

While the IRS can impose liens or levies, seize property or seek jail time against people who don’t pay taxes, it’s barred from taking such actions against taxpayers who ignore the insurance mandate. In the arsenal instead: the ability to withhold refunds from taxpayers who decline to pay the penalty, IRS Commissioner Doug Shulman said this month.

Still, compliance with the health reform law will be largely voluntary, says Timothy Jost, a law professor at Washington and Lee University. “By taking criminal sanctions and liens and levies off the table, the IRS’ hands are tied, to a considerable extent.”

They claim that the IRS lacks the clout to enforce mandatory health insurance. Really? When was the last time you ever said to yourself, that IRS, they lack clout. The answer most likely is, NEVER!

They claim all the IRS can do is send letters and offset your tax return. That’s all. Because I am sure every one would enjoy getting a letter from the IRS and having their yearly tax return confiscated. What happens if one is not do a refund, is their income tax offset and you are put into the negative owing the IRS? What if this occurs year after year and the $695 fine becomes $6950, and don’t forget the added interest and penalties. Do you thing the federal government is not going to come after that money?

If you do not, then I have a bridge to sell you. Better yet, I have an Obamacare health care plan to sell you that is about reform and not the government take over of health care.


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