IRS to Enforce Health Reform
An analysis done by Republicans on the House Ways and Means Committee estimated that this $10 billion could go to fund an additional 16,500 new IRS agents and other personnel to monitor and enforce the new mandates.
The Infernal Revenue Service (I.R.S.) (where you are guilty of tax fraud until proven innocent) will soon be in charge of enforcing the new federal requirement to pay for health insurance or face stiff penalties.
How will you prove to the Infernal Revenue Service (I.R.S.) that you paid for an acceptable health insurance coverage? If the new rules work anything like all the other tax regulations, you will need to be prepared for much higher costs.
Will your insurance company have to keep track and issue a 1099 at the end of the year to prove you have a federally accepted health insurance policy (so that you will not have to pay additional federal penalties)? If so, how do you think the insurance company will pay for the added accounting costs? Do you think the insurance companies will work at a loss? Or do you think the insurance companies will raise their fees to cover the added paperwork costs?
If your insurance company isn't going to do the paperwork necessary to prove you have paid for a federal approved health insurance policy, then you will have to do the paperwork yourself. If you don't prepare your own tax return (because the rules are so convoluted, and the requirements are so onerous), then your tax preparer will have to do it for you. Which means your tax preparer will have to take additional classes to learn what and how to prepare the forms. Which means the cost of preparing your tax return will substantially increase in cost.
So aside from the increase in costs of your health insurance to pay for the health insurance for the millions who can't afford it, this is just some of the other increases in costs of living in the U.S.S.A. that the democrats didn't think it would be necessary to tell the
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