Highlights of New IRS Authority
March 21st, 2010 | Author: Mrs. Smith
***Highlights of New IRS Authority***
- IRS agents verify if you have “acceptable” health care coverage
- IRS has the authority to fine you up to $2,250 or 2 percent of your income (whichever is greater) for failure to prove that you have purchased “minimum essential coverage”
- IRS can confiscate your tax refund
- IRS audits are likely to increase
- IRS will need up to $10 billion to administer the new health care program this decade
- IRS may need to hire as many as 16,500 additional auditors, agents and other employees to investigate and collect billions in new taxes from Americans
- Nearly half of all these new individual mandate taxes will be paid by Americans earning less than 300 percent of poverty ($66,150 for a family of four)
***SPECIAL EXEMPTION***
Democrats prohibit the IRS from imposing these taxes and
penalties on illegal immigrants
Posted in 3 Responses to “Highlights of New IRS Authority”
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Please post actual reference sources for this information.
The link is right there at the top of the article but incase you missed it: http://republicans.waysandmeans.house.gov/UploadedFiles/IRS_Power_Report.pdf
Why are illegals exempted from penalties?
They are the real reason for this healthcare crisis. They get all the healthcare they need for FREE yet, pay NOTHING into the system. Try going to an ER for “sniffles” and get laughed out… unless you don’t speak English or; try getting a CT scan without paying your $100.00 co-pay, you won’t get scanned but illegal, non-insured criminal needs a CT, he sure gets one!
Deporting ALL illegals will solve this issue, when will we learn? Our elected officials that back Obamas plan, that are “progressive” (Socialists), have sold out middle class america, banking on getting the illegals to vote for them in lieu of the handouts that come out of OUR pockets.