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ObamaCare tax not meeting revenue target because companies not paying, audit finds
Associated Press ^
| August 19, 2014
Posted on 08/19/2014 7:22:02 PM PDT by george76
An ObamaCare tax on medical devices is falling short of its revenue target because thousands of companies aren't paying it, according to a government audit released Tuesday.
The audit by the Treasury inspector general for tax administration says the IRS needs to do a better job policing the tax. The tax agency, however, doesn't have adequate tools to identify which companies owe it, the audit said.
(Excerpt) Read more at foxnews.com ...
TOPICS: Crime/Corruption; Culture/Society; Extended News; Government; News/Current Events; Politics/Elections
KEYWORDS: 0carenightmare; obamacare; obamacaretax; tax; taxes
1
posted on
08/19/2014 7:22:03 PM PDT
by
george76
To: george76
Obama enforces the laws he wants to enforce.
People pay the taxes they want to pay.
It's all good.
2
posted on
08/19/2014 7:23:28 PM PDT
by
ClearCase_guy
("Harvey Dent, can we trust him?" http://www.youtube.com/watch?v=HBsdV--kLoQ)
To: george76
why should they pay , Obamacare is not real
3
posted on
08/19/2014 7:23:36 PM PDT
by
molson209
(Blank)
To: george76
Why should anyone pay attention to laws when Obama and Holder don’t? Laws must be for everyone or no one will obey them.
4
posted on
08/19/2014 7:24:09 PM PDT
by
txrefugee
To: george76
When does Speaker “Blank Check” Boehner defund the failed Obamacare boondoggle?
5
posted on
08/19/2014 7:24:11 PM PDT
by
Graewoulf
(Democrats' Obamacare Socialist Health Insur. Tax violates U.S. Constitution AND Anti-Trust Law.)
Did You Know? The Current FReepathon Pays For The Current Quarter's Expenses?
Now That You Do, Donate And Keep FR Running
6
posted on
08/19/2014 7:27:51 PM PDT
by
DJ MacWoW
(The Fed Gov is not one ring to rule them all)
To: george76
That’s the tax that Al Franken voted for before he voted against, oh, wait, he didn’t vote against it. He just questioned his own vote for it. But, his vote stands.
To: george76
Did you really think we want those laws observed?" said Dr. Ferris. "We want them to be broken. You'd better get it straight that it's not a bunch of boy scouts you're up against... We're after power and we mean it... There's no way to rule innocent men. The only power any government has is the power to crack down on criminals. Well, when there aren't enough criminals one makes them. One declares so many things to be a crime that it becomes impossible for men to live without breaking laws. Who wants a nation of law-abiding citizens? What's there in that for anyone? But just pass the kind of laws that can neither be observed nor enforced or objectively interpreted and you create a nation of law-breakers and then you cash in on guilt. Now that's the system, Mr. Reardon, that's the game, and once you understand it, you'll be much easier to deal with. ― Ayn Rand, Atlas Shrugged
8
posted on
08/19/2014 7:34:17 PM PDT
by
E. Pluribus Unum
("The man who damns money obtained it dishonorably; the man who respects it earned it." --Ayn Rand)
To: E. Pluribus Unum
9
posted on
08/19/2014 7:38:58 PM PDT
by
Diana in Wisconsin
(I don't have 'Hobbies.' I'm developing a robust Post-Apocalyptic skill set...)
To: ClearCase_guy
We get closer to “They pretend to pay me or I pretend to Work” every day. The old saw from the Soviet Union.
To: george76
just rename your titanium hip ball and socket device a ballpeen hammer and voila, no tax.
11
posted on
08/19/2014 9:37:33 PM PDT
by
DaxtonBrown
(http://www.futurnamics.com/reid.php)
To: george76
companies not paying??
GM? GE? Brightsource? Solyndra?
12
posted on
08/19/2014 10:08:52 PM PDT
by
GeronL
(Vote for Conservatives not for Republicans)
To: Graewoulf
When does Speaker Blank Check Boehner defund the failed Obamacare boondoggle?In the year 2525.
13
posted on
08/19/2014 10:40:10 PM PDT
by
Mark17
(Obama & Nero? Both Emperors. The difference is Nero played a fiddle, while Obama plays a "flute")
To: george76
In all fairness, as many companies are paying the tax as are citizens not exempted who are paying the penalty for not having 0bamacare.
In other words, everyone got an exemption. Companies are just self-exempting. That’s fair. ;-)
14
posted on
08/20/2014 6:51:18 AM PDT
by
Uncle Miltie
(FReerepublic: Bring a FRiend!)
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