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H&R Block Helped Shape Obamacare, Now Set For Gigantic Payday
Townhall.com ^ | February 26, 2015 | Nick Sorrentino

Posted on 02/26/2015 2:33:41 PM PST by Kaslin

What isn’t there to love about Obamacare?

It was moved through Congress in hurry-up mode to head off Scott Brown coming into the Senate and was never really reviewed. It was crafted to funnel tax dollars to the healthcare industry and indeed stock prices for the health insurers have done nicely since the law’s passing. (One of the main reasons Obamacare remains in place.) It’s shutting out small doctors offices because of the regulatory burden. (The codes these offices must deal with we are told are mind boggling.) Many people’s insurance costs have gone up, in some cases doubled or more. And don’t forget the Healthcare.gov rollout. Or the contracts for botched state websites which went to cronies. Or the regulatory waivers given to unions and selected companies. Or that Congress was able to just opt itself (and staff) out of Obamacare because it was subpar to the plans the body enjoyed. Or Jonathan Gruber, the “architect” of Obamacare who explained that the American voters are stupid and should be exploited as such for their own good. (Gruber also may have bilked the state of Vermont for tens of thousands while working on that state’s now imploded health plan.)

Or the president flat out lying to the American public for years about the program.

65 Outrageous Lies by President Obama

This is just off the top of my head.

And now we hear that H&R Block is poised to cash in big time thanks to Obamacare. That’s awesome. Just what we need. Another corporate interest which will get in the way of simplifying the tax code.

(From The Daily Caller)

H&R Block’s decision to seek windfall profits from the Obamacare law also has riled some of its competitors, which are instead providing free help to low-income enrollees in filling out the complex tax forms.

Ryan Ellis, the tax policy director at Americans for Tax Reform and a former H&R Block senior preparer told TheDC that the company hopes to profit from the plight of Obamacare enrollees and those without health insurance who, for the first time, will have to file special tax forms related to their health-care coverage.

Ellis said the Obamacare participants are the “real target audience. It’s an alignment of interest.”



TOPICS: Business/Economy; Culture/Society; Editorial; Government
KEYWORDS: 0bamacare

1 posted on 02/26/2015 2:33:41 PM PST by Kaslin
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To: Kaslin
I haven't liked, trusted nor done business with H&R Block since 1971.

All that has just been reinforced ten fold.

2 posted on 02/26/2015 2:40:03 PM PST by SandRat (Duty - Honor - Country! What else need s said?)
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To: Kaslin

Crony capitalism...a fundamental tenet of the Chicago Mob.
Of course with the media being a supportive regime partner, who would suspect any wrongdoing?


3 posted on 02/26/2015 2:44:08 PM PST by nascarnation (Impeach, convict, deport)
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To: Taxman
This is a FAIR TAX Ping. If one does not think that tax-preparers, tax lawyers, tax accountants and tax companies have a huge vested interest in a complex tax code, that person is Whistling Dixie while Atlanta burns.

Now we learn H&R was all for this monster so it could generate more business....

4 posted on 02/26/2015 2:49:59 PM PST by 11th Commandment ("THOSE WHO TIRE LOSE")
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To: SandRat

They will rob your ass blind. They won’t even fart without charging for it.

The core of the problem is a tax system that two college-educated people with three degrees between them and one Mensa membership can’t even begin to comprehend.

Starve the monster. Put them out of business with a simple tax code.


5 posted on 02/26/2015 2:50:40 PM PST by The Antiyuppie ("When small men cast long shadows, then it is very late in the day.")
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To: SandRat

HRB through their OptionOne Mortgage subsidiary created some of the most out of control financial vehicles prior to the 2008 housing meltdown...


6 posted on 02/26/2015 3:09:25 PM PST by Neidermeyer ("Our courts should not be collection agencies for crooks." — John Waihee, Governor of Hawaii, 1986-)
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To: Kaslin

The dude forgot about the Louisiana Purchase and the Cornhusker Kickback.

And he forgot about the outright lies told about religious exemptions to birth control mandates.


7 posted on 02/26/2015 3:17:40 PM PST by Skepolitic
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To: Kaslin

If I remember, they have a basic fee, the so much more per form.


8 posted on 02/26/2015 3:29:01 PM PST by DownInFlames
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To: nascarnation
Crony capitalism...a fundamental tenet of the Chicago Mob.

The Chicago Mob was just updating the politico-economic modus vivendi that Mussolini called, in the same era, "fascism". Except that the m. o. went back thousands of years earlier.

Engrossment of the conquered population's capos in a crony-capitalist "commonwealth" was one of the pillars of the Empire that the Roman Republic built, that was able to withstand Hannibal's tremendous victories in Italy, precisely because of the forced convergence of interests of the people at the top of Italian society.

(Hannibal realized his danger and called home for large quantities of the Universal Solvent needed to liquefy the chains the Romans had forged: Silver. The Carthaginian businessmen [Chamber of Commerce] went behind the legislature's back to the supreme court, bribed the justices, and got the war taxes to support Hannibal thrown out. They stiffed him hard enough, that he couldn't even pay his troops. Sound familiar.... Dick Cheney?)

The Etruscans made Rome a city; the Romans made it a Mob, and the Roman Mob made it an Empire.

True fact. Read O. Spengler on the persistence of classical civilization into the modern age, if you doubt me.

9 posted on 02/26/2015 4:49:02 PM PST by lentulusgracchus ("If America was a house, the Left would root for the termites." - Greg Gutfeld)
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To: Kaslin

It’s evident from their commercials which come off as those places that sing how “It’s your money, so give us a big cut and we’ll share it with you”. Even their claim that they will only charge you half of whatever you paid with a competitor have a caveat that they must charge a minimum of %75.


10 posted on 02/27/2015 3:23:10 AM PST by trebb (Where in the the hell has my country gone?)
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