Cut and Pasted from JHoward at PW:
Highlights of report, which is entitled “The Wrong Prescription: Democrats’ Health Overhaul Dangerously Expands IRS Authority,” include:
-IRS agents verify if you have “acceptable” health care coverage;
-IRS has the authority to fine you up to $2,250 or 2 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.)
The Republicans noted that despite all these new mandates on Americans, the Democrats prohibit the IRS from imposing these same taxes and penalties on illegal immigrants.
How you like them apples? I have to say I don't like 'em at all.
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