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New tax mandates and penalties included in Obamacare will cause the greatest expansion of the Internal Revenue Service since World War II, according to a release from Rep. Kevin Brady, R-Texas.
A new analysis by the Joint Economic Committee and the House Ways & Means Committee minority staff estimates up to 16,500 new IRS personnel will be needed to collect, examine and audit new tax information mandated on families and small businesses in the ‘reconciliation’ bill being taken up by the U.S. House of Representatives this weekend. ...
Scores of new federal mandates and fifteen different tax increases totaling $400 billion are imposed under the Democratic House bill. In addition to more complicated tax returns, families and small businesses will be forced to reveal further tax information to the IRS, provide proof of ‘government approved’ health care and submit detailed sales information to comply with new excise taxes.
Originally posted by timewalker
16,500 new IRS employees...ha. That sure is a lot of new employees to deal with no new taxes.
Originally posted by jam321
reply to post by Romans 10:9
Revolt Because of healthcare?
You know, I may be against it, but there are many who are for it.
Why should Americans revolt over a split issue?
I don't even like the way Congress is trying to pass this bill. But even then, I give them the benefit of the doubt they are doing it legally. If not, then I expect a court to decide.
But I don't see why this issue should cause a revolt.
It's not so split when you ask whether or not people want the reform that's being presented currently. Most everyone wants some kind of reform, it's just the current plan that isn't very well-received.
One thing I can't really understand is why, after considering reconciliation and the deem and pass rule, lawmakers are still trying for this specific bill.
Originally posted by timewalker
NO NEW TAXES.......
I agree with the above. I am one of those. But I also know many people who are saying no, no, no but at the same time whispering yes, yes, yes.
Originally posted by Romans 10:9
If America doesn't revolt over this sh*t, then America is completely castrated and sedated.
Moving to a 3rd world country is lookin better and better.
Originally posted by jam321
IMO, it is time. In a few months, many will be in reelection mode and don't want to deal with any controversial bill. They figure the public will forgive them on this one, just like the stimulus, once some months have passed by.
Originally posted by timewalker
Unless you don't do what they say and buy the insurance. If not you get 2.5% tax penalty and fined $750 on top. Last I checked last week. They change it every day.
Like Pelosi said, they need to pass health care so the public can find out what's in it.