Friday, November 2, 2012

More Bad News on Obamacare

In 2008, then-Senator Obama promised not to raise taxes. He then set to work crafting his landmark Healthcare Reform Bill, monikered "Obamacare". Since then there have been 19 new taxes or tax hikes found in Obamacare, but that battle is for another day. Today, one of those taxes is invading your privacy and threatening Americans with the IRS if they refuse.

Starting in 2014, Americans will be forced to give their private healthcare information to none other than the friendly neighborhood IRS agent. In January, with the rest of the expected tax-prep forms, will come a new one. This form will assess whether you are complying with Obamacare's "Individual Mandate". 

The "Individual Mandate" was not popular even before Americans delved into it to find out that the law requires the IRS to collect health information, including: Health ID Number,  the ID number of your insurance company, and your length of coverage. All of this is meant to keep the whole country on Obamacare appropriate healthcare plans. Try anything different, and the auditors could be at your door. 

The Congressional Budget Office estimates six million American families will have to pay up to $2,085 directly to the government if they fail to find Obamacare-compliant insurance, and then report it directly. That payment goes into the Internal Revenue Code (read: straight to the IRS) and is reported and paid on your 1040. How many of those families are making less than $100,000 per year? This charge is aimed right at the wallets of our middle-class. 

Why? Why is the President: 
  1. Raising taxes on firmly Middle-class families at all.
  2. Invading the privacy of those families. 
  3. Threatening them with the IRS if they don't cough up.
19 new or higher taxes, an estimated 80 million man-hours just to implement it, and now Obamacare will take money directly out of the pockets of the Americans hardest hit by this economic downturn. When will common-sense walk back into this conversation? Don't let the wool be kept on the eyes of America. This bill affects everyone.


VA GOP Caucus

vagopcaucus.blogspot.com