If you can’t afford to purchase the expensive health insurance mandated under Obamacare, the IRS will take your tax refund.
Reuters: The Internal Revenue Service could tap individual tax returns to collect fines against people who fail to buy health insurance as required under recently enacted healthcare legislation, the U.S. tax commissioner said on Monday.
Most individuals are required to get health insurance under the new law, or face penalties that would be phased in over time. By 2016, people without coverage could see fines of 2 percent of their income.
Subsidies would help poorer people buy coverage, and states would set up exchanges to allow individuals and small groups shop for insurance.
People who do not comply would be levied penalties, and if they don’t pay them the penalties could be taken out of their tax refunds.
“There has been some insinuation about how we are going to approach our job,” IRS Commissioner Douglas Shulman said after speaking at the National Press Club.
Under the new law, the IRS cannot seize assets or levy fines, so Shulman said refunds were the most obvious option to collect penalties.
The new law aims to expand coverage to about 32 million uninsured Americans.
Shulman denies that the IRS will need to hire almost 17,000 new agents. He said he hasn’t come up with a number yet. It’ll probably be more than 17,000.
You may want to consider changing your withholding status so there’s no refund at the end of the year. What’ll they do then?
Yeah, they will try to control everything in our lives now that they have their disgusting Big Government Foot in our Door. Take, take, take and supposedly in our best interests, hogwash!
I posted a Town hall video of Democrat Wasserman saying that people will not be forced to purchase Health Care it will be optional. I about lost my lunch when she said this bold faced Lie to her constituents. Funny thing is that a man got escorted out by the cops for shouting out “How can we be respectful when you are Lying to the American People!” He wasn’t physical or continuing to yell anything else but he still had to leave the meeting. I think he said the most important thing out of the entire meeting.
Great Work Here, I Love What You are doing.
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I’m thinking two words.
Tax Revolt.
They can’t keep a refund if you don’t get one.
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why don’t you just go crawl under some rock on some island outside of the U.S if you are so unhappy? And please, don’t drive on the roads I have paid for with my taxes to get the hell out of this country. Go now. Please. Quickly.
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