Stephanie
Diamond Member
- Jul 11, 2004
- 70,230
- 10,864
- 2,040
way to go Obama and Democrats. sock it to them.
Thursday, 18 Mar 2010 05:46 PM Article Font Size
By: David A. Patten
The Internal Revenue Service would gain sweeping new powers under President Obama's healthcare reform proposals, in what Republicans on the House Ways and Means Committee are calling a "dangerous expansion" of IRS powers.
That's according to a nine-page Republican report from the Committee on Ways and Means on Thursday. It's titled "The Wrong Prescription" Democrats' Health Overhaul Dangerously Expands IRS Authority."
Among the new powers the IRS would assume, the report says: The authority to confiscate tax refunds, to impose fines of over $2,200 per taxpayer, and to verify whether taxpayers' health insurance coverage is "acceptable."
One measure of the scope of the IRS' new responsibilities under the healthcare overhaul: The agency might have to hire as many as 16,500 additional auditors, agents, and other employees in order to administer the program, according to Rep. Dave Camp, R-Mich., the ranking Republican on the Ways and Means Committee.
all of the article here.
Newsmax - Obamacare Grants IRS Perilous Power, GOP Says
Thursday, 18 Mar 2010 05:46 PM Article Font Size
By: David A. Patten
The Internal Revenue Service would gain sweeping new powers under President Obama's healthcare reform proposals, in what Republicans on the House Ways and Means Committee are calling a "dangerous expansion" of IRS powers.
That's according to a nine-page Republican report from the Committee on Ways and Means on Thursday. It's titled "The Wrong Prescription" Democrats' Health Overhaul Dangerously Expands IRS Authority."
Among the new powers the IRS would assume, the report says: The authority to confiscate tax refunds, to impose fines of over $2,200 per taxpayer, and to verify whether taxpayers' health insurance coverage is "acceptable."
One measure of the scope of the IRS' new responsibilities under the healthcare overhaul: The agency might have to hire as many as 16,500 additional auditors, agents, and other employees in order to administer the program, according to Rep. Dave Camp, R-Mich., the ranking Republican on the Ways and Means Committee.
all of the article here.
Newsmax - Obamacare Grants IRS Perilous Power, GOP Says