Posted on 07/07/2012 9:08:59 AM PDT by markomalley
The Supreme Court's decision to uphold most of President Barack Obama's health care law will come home to roost for most taxpayers in about 2 1/2 years, when they'll have to start providing proof on their tax returns that they have health insurance.
That scenario puts the Internal Revenue Service at the center of the debate, renewing questions about whether the agency is capable of policing the health care decisions of millions of people in the United States while also collecting the taxes needed to run the federal government.
Under the law, the IRS will provide tax breaks and incentives to help pay for health insurance and impose penalties on some people who don't buy coverage and on some businesses that don't offer it to employees.
The changes will require new regulations, forms and publications, new computer programs and a big new outreach program to explain it all to taxpayers and tax professionals. Businesses that don't claim an exemption will have to prove they offer health insurance to employees.
The health care law "includes the largest set of tax law changes in more than 20 years," according to the Treasury inspector general who oversees the IRS. The agency will have to hire thousands of workers to manage it, requiring significant budget increases that already are being targeted by congressional Republicans determined to dismantle the president's signature initiative.
(Excerpt) Read more at apnews.myway.com ...
Those will be good paying jobs with bulletproof job security. If I knew a recent college grad looking for work, I’d send him/her there.
I assume women and minorities will be preferred..
” Every unemployed rat with a degree will go to work for the IRS and State tax thugs to make sure we pay our taxes.
Every unemployed rat without a degree will help administer/ration the health care we will be paying for, to keep us from getting it.”
The same way I see it.
FR POST-—The States Can Kill Obamacare
THE MONEY QUOTE Obamacare calls for states to set up “marketplaces,” in which it sap-happily supposes that people with no employer-based health insurance can shop for coverage at competitive rates........these state “insurance exchanges” constitute the key to O’care’s success or failure b/c without these new state bureaucracies, Obamacare cannot work.
Significantly, the law doesn’t actually require states to set up “marketplaces” and there is no rational incentive for them to do so....except for sap-happy pols who rely on giveaways to get reelected.
States that create “exchanges” will be soaking taxpayers another $10 million to $100 million per year to run it. Since most states are already in deep doo-doo for previous giveaways, its not likely taxpayers will embrace these costs with enthusiasm........(more at American Spectator)
” States that create “exchanges” will be soaking taxpayers another $10 million to $100 million per year to run it. Since most states are already in deep doo-doo for previous giveaways, its not likely taxpayers will embrace these costs with enthusiasm........(more at American Spectator)”
Good info, thanks.
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