Saturday, March 20, 2010

Are We Trying to Scare You? You Betcha!

Protein Wisdom, another Colorado blog, has run this story that needs to be disseminated far and wide:

Intended Consequences. [JHoward]

Today, Ways and Means Republicans released a new report detailing how the Democrats’ health care bill vastly expands the responsibilities of the Internal Revenue Service (IRS) and strengthens the heavy hand of the IRS in dealing with taxpayers.

“If the Democrats’ health care bill becomes law, the IRS could have to hire more than 16,000 additional agents, auditors and other workers just to enforce all the new taxes and penalties,” said Ways and Means Ranking Member Dave Camp (R-MI). “It is a dangerous expansion of the IRS’s power and reach into the lives of virtually every American.”

Highlights of report, which is entitled “The Wrong Prescription: Democrats’ Health Overhaul Dangerously Expands IRS Authority,” include:

* IRS agents verify if you have “acceptable” health care coverage;
* IRS has the authority to fine you up to $2,250 or 2 percent of your income (whichever is greater) for failure to prove that you have purchased “minimum essential coverage;”
* IRS can confiscate your tax refund;
* IRS audits are likely to increase;
* IRS will need up to $10 billion to administer the new health care program this decade;
* IRS may need to hire as many as 16,500 additional auditors, agents and other employees to investigate and collect billions in new taxes from Americans; and
* Nearly half of all these new individual mandate taxes will be paid by Americans earning less than 300 percent of poverty ($66,150 for a family of four.)

The Republicans noted that despite all these new mandates on Americans, the Democrats prohibit the IRS from imposing these same taxes and penalties on illegal immigrants.

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