- IRS agents verify if you have “acceptable” health care coverage;
- IRS has the authority to fine you up to $2,250 or 2.5 percent of your income (whichever is greater) for failure to prove that you have purchased “minimum essential coverage;”
- IRS can confiscate your tax refund;
- IRS audits are likely to increase;
- IRS will need up to $10 billion to administer the new health care program this decade;
- IRS may need to hire as many as 16,500 additional auditors, agents and other employees to investigate and collect billions in new taxes from Americans; and
- Nearly half of all these new individual mandate taxes will be paid by Americans earning less than 300 percent of poverty ($66,150 for a family of four.)
My views on how following Christ should encourage us to do good, take a stand against evil, and embody self-sacrificial love. "Dear children, let us not love with words or tongue but with actions and in truth." 1 John 3:18
Friday, March 19, 2010
Kay Granger Explains IRS Expansion via Health Care Bill
Rep. Kay Granger's explanation of how the IRS will expand under this health care bill is rather frightening. Here is a quote from an e-mail she sent to her constituents.
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