Saturday, July 7, 2012

Obama slogan 2012: "More Taxes Means Better Health!"


According to the recently published Associated Press's research, "That [Obamacare] 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"..."the penalty[-taxes] will be fully phased in by 2016, when it will be $695 for each uninsured adult or 2.5 percent of family income, whichever is greater, up to $12,500. The nonpartisan Congressional Budget Office estimates that 4 million people will pay the penalty that year" ... [and it'll be only the beginning because] ... "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"...
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The above quotations are from "The Tax Man Cometh to Police You on Health Care" By STEPHEN OHLEMACHER. Associated Press, WASHINGTON July 7, 2012 (AP)

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