IRS is a growth industry thanks to Heath Care reform

[Kratos]

According to the House GOP’s analysis of CBO scores, Obamacare will dole out as much as $10 billion, or about $1 billion per year, to the IRS:

New revenue is needed so the IRS can implement the new policies established by the bill and to carry out new responsibilities, including enforcing the individual mandate by reviewing insurance policies held by Americans, employer penalties and other new taxes. The IRS will have lots to do to implement and enforce the new taxes and mandates included in the bill. In fact, the Senate Democrats’ bill references or amends the Internal Revenue Code 180 times.

While it is not possible to predict with certainty how many new IRS employees and agents will hire to complete all these new responsibilities, it is possible to compare current staffing levels and make an estimate. Take for example the IRS’ Taxpayer Services Division. Based on the current cost to employ this division’s workforce, an additional $1 billion per year would mean 12,500 new employees at the IRS. That’s more than 12,000 IRS employees that will be examining taxpayer records to enforce the government’s definition of “affordable” and “acceptable” insurance coverage, and working to comply with the bill to get people into government-run insurance.

The bill gives the IRS many new powers and tasks the IRS with the responsibility to enforce the mandates on individuals to purchase insurance the government deems acceptable as well as employer mandates to provide insurance the government deems affordable. In short, the Democrats’ bill will give the IRS sweeping new powers and require the IRS to become a much more intrusive force in every American’s life.

http://healthcare.nationalreview.com...FlZjQxMmUwNjg=

[TITANIUM]

It just keeps getting better and better.

You are a wealth of useful information Kratos.

IRS........................

HHHMMmmmmmmmmmmmmmmm.............................. .

I guess I should send my resume in now.

Maybe working for them well have excellent health plan!!!

OMFG...........LMAO......!!!!!!!!!!!!!!!

I have to go to bed, as this is making me either really mad or just really tired.

It's 12:40 AM.....

Keep up the good Intel Kratos!!!

Best

T

All have a good night.

[Kratos]

http://www.youtube.com/watch?v=yO3KljJ369s

here is more info
it's so they can monitor if you have insurance on a monthly basis and fine you if you don't.
the definition of "minimal essential coverage" not released yet.

do your parents want to buy a policy that covers drug rehab?
do I have a choice in coverage? how much choice?
can I just carry medical catastrophe insurance?
why are they putting new limits on flexible spending accounts?

[TITANIUM]

I see imminent failure on the horizon....................

Best

T