Posted on 01/04/2010 2:00:36 PM PST by Sharkfish
Digital News Report Besides collecting taxes and going after tax cheats, the Internal Revenue Service (IRS) will be going after Americans who do not purchase private health insurance.
The new health care legislation being debated in Congress will put the IRS in charge of making sure Americans purchase a health insurance policy. Those who dont pay will be penalized because all Americans will be forced to purchase a policy.
Besides making sure citizens do buy insurance, the IRS will assess penalties on those who do not. They will also collect new fees from businesses and oversee enforcement.
Already understaffed and overburdened, the IRS will need more agents. The CBO estimates that the extra cost would be $5 to $10 billion over the first 10 years. So far, neither bill in the House or the Senate includes any funding this.
Sure why not? They are the most powerful, unconstititional entity that exists in government now anyway. Might as well make them the enforcer of this too.
Expected it. After all, the IRS treats all money as its own, leaving it to you to prove otherwise.
Absolutely unconstitutional in the Land of the Free and the Home of the Brave.
United States vs Reynolds. No citizen can be coerced to enter into a contract. Indentured Servitude and all that jazz. It’s “settled law”.
I'd like to think this would get struck down immediately by SCOTUS but after Kelo who knows anymore...
I thought I read that they will be able to do this electronically. So they will just be able to take it out of your checking/savings. (should you have one left!)
Going after tax cheats????????????????
That’s a joke, right??????????
Exactly. It’s a product and the gubmint cannot force you to buy a product. I’ve already escaped a socialist country called canada where if you do not pay your monthly premiums, the gubmint wrecks your credit report. Dont want to see this happen to this great lnad.
IF this were to happen overnight millions of Americans will close their bank accounts and form bartering provisions locally.
I will pull every dime of my money out of the bank if they pull this crap.
But we're living in an alternate reality....
I will pull every dime of my money out of the bank if they pull this crap””””””
Be sure to keep your eye on that list also. They have been closing down banks at a rate of 4 a week, usually on Fridays that list comes out.
Section 7203 misdemeanor willful failure to pay is punishable by a fine of up to $25,000 and/or imprisonment of up to one year.
Section 7201 felony willful evasion is punishable by a fine of up to $250,000 and/or imprisonment of up to five years. [page 3]
Well of course it isn't funded yet. This is a tax matter. It has nothing to do with health care. Just like the half trillion dollars cut from Medicare by the health care bill will be replaced with another half trillion which doesn't count against the Obamacare budget at all.
The Obamacare bill has enough financial hijinks to make the sternest CPA whimper in pain.
Right...A real knee-slapper.
It’s not about health insurance.
It’s about creating a new angle to extort more money from the dwindling producer class to feed into the Obama Hole.
He needs it to finance his wealth redistribution and reparations programs for the moocher class.
Yea, and after my stay at club fed, I will take care of business.
“Congress will put the IRS in charge...”
Surely nothing could go wrong here. It wasn’t like IRS employees tried to scam taxpayers out of the the $8,000 home-buyer credit...whoops - I guess it was.
ping
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