Section 431(a) of the bill says that the IRS must divulge taxpayer identity information, including the filing status, the modified adjusted gross income, the number of dependents, and "other information as is prescribed by" regulation. That information will be provided to the new Health Choices Commissioner and state health programs and used to determine who qualifies for "affordability credits."
Section 245(b)(2)(A) says the IRS must divulge tax return details -- there's no specified limit on what's available or unavailable -- to the Health Choices Commissioner. The purpose, again, is to verify "affordability credits."
Section 1801(a) says that the Social Security Administration can obtain tax return data on anyone who may be eligible for a "low-income prescription drug subsidy" but has not applied for it.
The Health Choices Commissioner will be the ONE TO DECIDE what coverage you WILL BUY.
Tom Giovanetti argues that: "How many thousands of federal employees will have access to your records? The privacy of your health records will be only as good as the most nosy, most dishonest and most malcontented federal employee.... So say good-bye to privacy from the federal government. It was fun while it lasted for 233 years."
What if someone thinks from your conversations with your doctor, about any topic? "Doc, I haven't been sleeping so good lately"..... since that conversation will no longer be between just you and the doctor, and he/she is required to act on "certain private knowledge now" he/she may report you might noty be thinking as clearly as you were when you were getting the proper amount of sleep......and as such, you no longer qualify to own a firearm, its too dangerous for you and those close to you......
Thats the beauty of a LAW over 2700 pages that keeps "changing"... a kind of Living document......
We know what you made last year $$$$$
We know what you made last year $$$$$
'those who hammer their guns into plows , will plow for those who don't'
"In a world of universal deceit, telling the truth is a revolutionary act."...George Orwell
"In a world of universal deceit, telling the truth is a revolutionary act."...George Orwell
Re: We know what you made last year $$$$$
(CNSNews.com) – The Internal Revenue Service will function as the government’s chief enforcer for health care reform, should President Obama sign the bill into law as expected, monitoring both businesses and individuals to certify whether they have the insurance coverage the government requires.
The tax collection agency will be responsible for monitoring and enforcing compliance with the individual and employer insurance mandates which form the backbone of the Democrats’ hard-won reforms.
The bill states that the purpose of the mandates is to regulate “economic and financial decisions about how and when health care is paid for, and when health insurance is purchased.”
The mandates require that all Americans carry a minimum level of health insurance or pay a separate tax for every month they are without such coverage. All employers with 50 employers or more will also be required to provide their employees with that same minimum level of coverage.
While that minimum level of coverage will be defined at a later date by the Department of Health and Human Services, it will be the responsibility of the IRS to monitor individuals and employers and to punish those who do not comply.
Under the bill, which passed despite bipartisan opposition March 21, starting in 2014 the IRS would be responsible for monitoring which employers are complying with the mandate and which ones are not. The IRS would begin such monitoring of individuals’ health insurance status in 2014 as well.
The IRS would monitor individuals and businesses’ health insurance statuses through the mandatory reporting the bill requires. Under the law, every individual and most businesses are required to report to the IRS, on their tax returns, whether they have purchased or provided the required level of coverage and disclose to the IRS which months, if any, in which they failed to do so.
Using this information, the IRS would then determine whether an employer or individual falls under the mandate, which contains exceptions for religious conscience, hardship, incarcerated persons, and members of Indian tribes.
If either an individual or a business has failed to comply with this mandate for any month out of the year, they are required to pay a separate tax to the IRS. For individuals this is a maximum of $750 per person (up to $2,250 per household) and $750 per uncovered employee for businesses.
Because these penalties would each apply on a monthly basis, individuals and employers would have to pay 1/12th of the maximum penalties for each month they failed to comply with the mandates.
In order to carry out its new monitoring and enforcement duties, the Congressional Budget Office estimated that the IRS will need $10 billion in additional funds, funds which were not made available under the health reform bill.
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.
“[T]he IRS could add more than 16,500 additional agents, auditors, examiners, and administrative support personnel to enforce large portions of the nation’s health insurance system,” the report said.
The IRS will also be in charge of collecting the new taxes on high cost insurance plans and on so-called unearned income from couples making over $250,000 per year and single filers making over $200,000 per year.
Both of these provisions could be modified should the Senate approve a budget reconciliation measure the House also passed March 21. Whichever final form they take, they are both direct taxes and thus will be directly administered by the IRS.
Because these new mandates and taxes are under the purview of the IRS, taxpayers and businesses could incur additional penalties normally reserved for normal income tax cheats, paying fees over and above those for not complying with Congress’ new mandates.
The IRS currently charges potentially hefty penalties for, among other things, filing false or fraudulent returns, filing late returns, and failure to pay a tax on time.
Taxpayers and businesses could be hit with these extra penalties because they are required to use their tax returns to prove to the IRS that they are complying with the mandates and because they will have to pay any tax penalties to that agency as well.
The tax collection agency will be responsible for monitoring and enforcing compliance with the individual and employer insurance mandates which form the backbone of the Democrats’ hard-won reforms.
The bill states that the purpose of the mandates is to regulate “economic and financial decisions about how and when health care is paid for, and when health insurance is purchased.”
The mandates require that all Americans carry a minimum level of health insurance or pay a separate tax for every month they are without such coverage. All employers with 50 employers or more will also be required to provide their employees with that same minimum level of coverage.
While that minimum level of coverage will be defined at a later date by the Department of Health and Human Services, it will be the responsibility of the IRS to monitor individuals and employers and to punish those who do not comply.
Under the bill, which passed despite bipartisan opposition March 21, starting in 2014 the IRS would be responsible for monitoring which employers are complying with the mandate and which ones are not. The IRS would begin such monitoring of individuals’ health insurance status in 2014 as well.
The IRS would monitor individuals and businesses’ health insurance statuses through the mandatory reporting the bill requires. Under the law, every individual and most businesses are required to report to the IRS, on their tax returns, whether they have purchased or provided the required level of coverage and disclose to the IRS which months, if any, in which they failed to do so.
Using this information, the IRS would then determine whether an employer or individual falls under the mandate, which contains exceptions for religious conscience, hardship, incarcerated persons, and members of Indian tribes.
If either an individual or a business has failed to comply with this mandate for any month out of the year, they are required to pay a separate tax to the IRS. For individuals this is a maximum of $750 per person (up to $2,250 per household) and $750 per uncovered employee for businesses.
Because these penalties would each apply on a monthly basis, individuals and employers would have to pay 1/12th of the maximum penalties for each month they failed to comply with the mandates.
In order to carry out its new monitoring and enforcement duties, the Congressional Budget Office estimated that the IRS will need $10 billion in additional funds, funds which were not made available under the health reform bill.
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.
“[T]he IRS could add more than 16,500 additional agents, auditors, examiners, and administrative support personnel to enforce large portions of the nation’s health insurance system,” the report said.
The IRS will also be in charge of collecting the new taxes on high cost insurance plans and on so-called unearned income from couples making over $250,000 per year and single filers making over $200,000 per year.
Both of these provisions could be modified should the Senate approve a budget reconciliation measure the House also passed March 21. Whichever final form they take, they are both direct taxes and thus will be directly administered by the IRS.
Because these new mandates and taxes are under the purview of the IRS, taxpayers and businesses could incur additional penalties normally reserved for normal income tax cheats, paying fees over and above those for not complying with Congress’ new mandates.
The IRS currently charges potentially hefty penalties for, among other things, filing false or fraudulent returns, filing late returns, and failure to pay a tax on time.
Taxpayers and businesses could be hit with these extra penalties because they are required to use their tax returns to prove to the IRS that they are complying with the mandates and because they will have to pay any tax penalties to that agency as well.
'those who hammer their guns into plows , will plow for those who don't'
"In a world of universal deceit, telling the truth is a revolutionary act."...George Orwell
"In a world of universal deceit, telling the truth is a revolutionary act."...George Orwell
-
zephyp
- VGOF Platinum Supporter
- Posts: 10207
- Joined: Tue, 05 May 2009 08:40:55
- Location: Springfield, VA
Re: We know what you made last year $$$$$
You're late sport. This is a done deal unless a newly elected congress can figure out how to over turn it...the so called elected leaders across the river sold us out...or better yet the IDIOTS that put them there did...
Who wants to bet which state law suit over this gets thrown out first...its a long way to SCOTUS. The good thing is there are several years until the full brunt of this takes effect.
BTW, did anyone notice that the meat of the senate bill that was passed by the house and signed by obama had a particular clause in it --- it went something like this -- THIS SECTION CANNOT BE REPEALED...
Rules of the senate passed it fair and square -- or so said the chimpanzee looking idiot that presided that day said when this was challenged by the republican floor leader...
Who wants to bet which state law suit over this gets thrown out first...its a long way to SCOTUS. The good thing is there are several years until the full brunt of this takes effect.
BTW, did anyone notice that the meat of the senate bill that was passed by the house and signed by obama had a particular clause in it --- it went something like this -- THIS SECTION CANNOT BE REPEALED...
Rules of the senate passed it fair and square -- or so said the chimpanzee looking idiot that presided that day said when this was challenged by the republican floor leader...
No more catchy slogans for me...I am simply fed up...4...four...4...2+2...
