Tuesday, September 11, 2012

And Speaking of Taxes . . . .

Dear Congress,

The IRS regrets to inform you that we will not be able to attend your party.

We appreciate the thought, but your idea of fun is just not our cup of tea.



"IRS revenue agents will not be involved. There will not be audits," IRS Deputy Commissioner Steven Miller told a subcommittee of the tax-writing Ways and Means Committee in the Republican-controlled House of Representatives.
The law, passed in 2010 and upheld by theSupreme Court, will charge individuals a fee, or tax, if they fail to buy insurance starting in 2014.
Opponents of the healthcare measure have focused on that requirement, with some Republicans saying they worry the IRS, the agency responsible for tax collection and tax law enforcement, will harass people who fail to buy insurance."In most cases, taxpayers will file their tax returns reporting their health insurance coverage, and-or making a payment, and there will be no need for further interactions with the IRS," Miller said.
CNBC, "IRS will not be enforcers", Sept, 2012

So there you go.

A law, with a mandate, but no policemen.

Yeah, this is going to work real well.

blog comments powered by Disqus