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Maybe its because I do technical analyses for a living, but I can't resist saying that that is the worst technical analysis that I believe I have ever read. Do they employ college freshman at FactCheck.org?
I was throughly unconvinced by that write-up. Thoroughly.
This will drive more voters away from the Dems. People hate the IRS, the only place where you are quilty until proven innocent. Keep it up hussein obama.
This will drive more voters away from the Dems. People hate the IRS, the only place where you are quilty until proven innocent. Keep it up hussein obama.
Maybe its because I do technical analyses for a living, but I can't resist saying that that is the worst technical analysis that I believe I have ever read. Do they employ college freshman at FactCheck.org?
I was throughly unconvinced by that write-up. Thoroughly.
I completely agree. Lets break down the response:
"This wildly inaccurate claim started as an inflated, partisan assertion that 16,500 new IRS employees might be required to administer the new law. That devolved quickly into a claim, made by some Republican lawmakers, that 16,500 IRS "agents" would be required.
No, it wasn't simply republican lawmakers who made the claim, it was the republicans that sit on the House ways and means committee, who have inside knowledge of the bills impact. More to follow.
Republican Rep. Ron Paul of Texas even claimed in a televised interview that all 16,500 would be carrying guns. None of those claims is true.
The IRS’ main job under the new law isn’t to enforce penalties.
Its MAIN job, no. Its main job is to collect taxes. None the less, it will be their job.
Its first task is to inform many small-business owners of a new tax credit that the new law grants them — starting this year — which will pay up to 35 percent of the employer’s contribution toward their workers’ health insurance.
Talk about sugar coating. And the IRS's MAIN job is to notify individuals of what their exemptions are before filing taxes? No, their job is to collect monies due to the government based on passed legislation. Exemptions, grants, credits, and the like are all an ends to the means of the main purpose.
And in 2014 the IRS will also be administering additional subsidies — in the form of refundable tax credits — to help millions of low- and middle-income individuals buy health insurance.
Yeah, paid for from all of the people above who they just penalized.
The law does make individuals subject to a tax, starting in 2014, if they fail to obtain health insurance coverage. But IRS Commissioner Douglas Shulman testified before a hearing of the House Ways and Means Committee March 25 that the IRS won’t be auditing individuals to certify that they have obtained health insurance.
Just as they don't ensure that you actually live in the house that you bought that you are claiming an exemption on. More beating around the bush and sugar coating.
He said insurance companies will issue forms certifying that individuals have coverage that meets the federal mandate, similar to a form that lenders use to verify the amount of interest someone has paid on their home mortgage. "We expect to get a simple form, that we won’t look behind, that says this person has acceptable health coverage," Shulman said. "So there’s not going to be any discussions about health coverage with an IRS employee."
Because right now, you have to have a discussion with an IRS agent to determine your tax? Filing your taxes has nothing to do with speaking to anybody about the tax or any part of the process, yet all of this has nothing to do with the fact that penalities will be collected by the IRS.
In any case, the bill signed into law (on page 131) specifically prohibits the IRS from using the liens and levies commonly used to collect money owed by delinquent taxpayers, and rules out any criminal penalties for individuals who refuse to pay the tax or those who don’t obtain coverage. That doesn’t leave a lot for IRS enforcers to do.
Excellent to know.
Terribly written piece trying to shoot down the claim.
Factcheck is getting more and more partisan as it trys to parade around as a bi-partisan source of information.
04-01-2010, 02:18 PM
2K5Gx2km
n/a posts
Let me get this straight - the IRS is going to use a 3rd Party (Insurance Companies) to send in information returns about whether you have health insurance and if you do not then you are subject to the IRS pursuing you for a tax.
Let me get this straight - the IRS is going to use a 3rd Party (Insurance Companies) to send in information returns about whether you have health insurance and if you do not then you are subject to the IRS pursuing you for a tax.
Is this correct?
According to fact check, the IRS will contact you to make sure you know about your tax credits due you. They will contact businesses to let them know about tax credits.
Sounds like the IRS is going into the business of letting Americans know how much tax they DO NOT have to pay ?
What an about face for the IRS..don't you think ?
ROFL..the IRS has never called me to let me know of a credit that I might be able to take ? Why didn't Bush do that with his tax cuts years ago ?
As an aside, nice to know the IRS cannot enforce not paying the penalty and not providing that piece of paper. If they cannot enforce it via their normal IRS ways, then how will it be enforced ? Or..it won't ?
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