Tuesday, March 23, 2010

Lets Give the IRS More Authority, Shall We?

I wonder if they've taken delivery of their new toys yet?

Income
Rendition
Services

IRS to Enforce Health Reform

(CNSNews.com) – The Internal Revenue Service will function as the government’s chief enforcer for health care reform, should President Obama sign the bill into law as expected, monitoring both businesses and individuals to certify whether they have the insurance coverage the government requires.

The tax collection agency will be responsible for monitoring and enforcing compliance with the individual and employer insurance mandates which form the backbone of the Democrats’ hard-won reforms. The bill states that the purpose of the mandates is to regulate “economic and financial decisions about how and when health care is paid for, and when health insurance is purchased.”
/snip
The IRS would monitor individuals and businesses’ health insurance statuses through the mandatory reporting the bill requires. Under the law, every individual and most businesses are required to report to the IRS, on their tax returns, whether they have purchased or provided the required level of coverage and disclose to the IRS which months, if any, in which they failed to do so.
Using this information, the IRS would then determine whether an employer or individual falls under the mandate, which contains exceptions for religious conscience, hardship, incarcerated persons, and members of Indian tribes.


Yeah baby..Lets give the IRS more authority and better shotguns.

Labels: , , , , , ,

|

0 Comments:

Post a Comment

Links to this post:

Create a Link

<< Home