So Ms Kathleen, under fire for her clumsy, expensive implementation of the ObamaTax, has decided to strong-arm encourage the folks on whom she's counting to provide the actual products for the Exchanges:
"Health and Human Services Secretary Kathleen Sebelius is asking companies for financial donations to help implement President Barack Obama's healthcare overhaul"
While this is every bit as sad, pitiable and contemptible as it appears, I have another question:
How legal would such a donation be?
After all, there's that little box on our tax forms for donations to the presidential campaigns, and of course individual citizens are allowed to pay more in taxes than they actually owe.
But how, exactly, can corporations do this? When individuals "contribute" by electing to pay more, they can't specify that these extra dollars go to specific agencies.
"Health and Human Services Secretary Kathleen Sebelius is asking companies for financial donations to help implement President Barack Obama's healthcare overhaul"
While this is every bit as sad, pitiable and contemptible as it appears, I have another question:
How legal would such a donation be?
After all, there's that little box on our tax forms for donations to the presidential campaigns, and of course individual citizens are allowed to pay more in taxes than they actually owe.
But how, exactly, can corporations do this? When individuals "contribute" by electing to pay more, they can't specify that these extra dollars go to specific agencies.
One supposes that corporations can also choose to pay more, but again, that's going to a general fund, not a specific agency or effort.
So how does XYZ Mutual actually do this (if they're so inclined)?
And speaking of tax forms, yours just got more complicated:
"When Obamacare’s individual mandate takes effect in 2014, all Americans who file income tax returns must complete an additional IRS tax form ... will require disclosure of a taxpayer’s personal identifying health information in order to determine compliance with the [ObamaTax[ mandate."
So not only will these wunderkinds have access to your personal financial data, but now your health data, as well.
Warm fuzzies, anyone?
So how does XYZ Mutual actually do this (if they're so inclined)?
And speaking of tax forms, yours just got more complicated:
"When Obamacare’s individual mandate takes effect in 2014, all Americans who file income tax returns must complete an additional IRS tax form ... will require disclosure of a taxpayer’s personal identifying health information in order to determine compliance with the [ObamaTax[ mandate."
So not only will these wunderkinds have access to your personal financial data, but now your health data, as well.
Warm fuzzies, anyone?
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