Lost in Taxation.
If it seems as if the tax code was conceived by graphic artist M.C. Escher, wait until you meet the new and not improved Internal Revenue Service
created by ObamaCare. What, you're not already on a first-name basis with your local IRS agent?
National Taxpayer Advocate Nina Olson, who operates inside the IRS, highlighted the agency's new mission in her annual report to Congress last week.
Look out below. She notes that the IRS is already "greatly taxed"—pun intended?—"by the additional role it is playing in delivering social
benefits and programs to the American public," like tax credits for first-time home buyers or purchasing electric cars. Yet with ObamaCare, the
agency is now responsible for "the most extensive social benefit program the IRS has been asked to implement in recent history." And without
"sufficient funding" it won't be able to discharge these new duties.
This part gets my blood boiling, To audit Americans to see who has and who doesn't have health insurance, This is just WRONG: That wouldn't be
tragic, given that those new duties include audits to determine who has the insurance "as required by law" and collecting penalties from Americans
who don't. Companies that don't sponsor health plans will also be punished. This crackdown will "involve nearly every division and function of the
IRS," Ms. Olson reports.
Well, well. Republicans argued during the health debate that the IRS would have to hire hundreds of new agents and staff to enforce ObamaCare. They
were brushed off by Democrats and the press corps as if they believed the President was born on the moon. The IRS says it hasn't figured out how much
extra money and manpower it will need but admits that both numbers are greater than zero.
Source:
online.wsj.com...
www.drudgereport.com...
I'd like to add, ObamaCare is going to be the death of so many businesses. Small, medium and large businesses will either go out of Country or just
wither and die on the vine.
We don't need the IRS involved in our lives. The IRS is already involved more than it needs to be.
DAMN Government
[edit on 18-7-2010 by guohua]
[edit on 18-7-2010 by guohua]