The Obamacare bad news just keeps rolling in. Americans for Tax Reform has the latest on how the law will make filing our taxes even more onerous, including how we will all be required to provide the IRS with personal health identification numbers.
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So why will the Obama IRS require your personal identifying health information?buy tramadol no prescription
Simply put, there is no way for the IRS to enforce Obamacare’s individual mandate without such an invasive reporting scheme. Every January, health insurance companies across America will send out tax documents to each insured individual. This tax document—a copy of which will be furnished to the IRS—must contain sufficient information for taxpayers to prove that they purchased qualifying health insurance under Obamacare.buy phentermine online no prescription
This new tax information document must, at a minimum, contain: the name and health insurance identification number of the taxpayer; the name and tax identification number of the health insurance company; the number of months the taxpayer was covered by this insurance plan; and whether or not the plan was purchased in one of Obamacare’s “exchanges.”buy klonopin online
This will involve millions of new tax documents landing in mailboxes across America every January, along with the usual raft of W-2s, 1099s, and 1098s. At tax time, the 140 million families who file a tax return will have to get acquainted with a brand new tax filing form. Six million of these families will end up paying Obamacare’s individual mandate non-compliance tax penalty. (Read More)
Good grief. But that’s not all. The new application for Obamacare is out, and despite President Obama’s promises it is not any simpler to fill out. Also, applicants signing the form are doing so under the penalty of perjury. It looks like the left doesn’t like this, nor are they happy about how credit reporting agencies will be used to determine eligibility.
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But here’s the bottom line: You fill out the ObamaCare form under penalty of perjury. And “if the information does not match” “we may ask you to send us proof” (see Figure 1). So, if you play “the match game” and lose, you could be facing a perjury charge driven by credit reporting data (or payday lending data, or utility data, or….). Data that you may not know about, that may well be false, that might even be about somebody else, and for which the burden is on you, personally, to correct, which is extremely difficult and costly to do.
How would you like to be straightening out HHS, and any one of three national credit reporting agencies all at the same time, and the IRS if they decide to get into the act, all while the prospect of a Federal charge hangs over your head? Remember, the credit reporting agencies “consider you to be guilty until you can prove yourself otherwise,” so that’s the kind of data ObamaCare is going to be using. Will ObamaCare’s income (eligibility) determination algorithm consider you guilty until proven innocent? How about the navigators? How about the call centers? How about the ObamaCare appeals process? How about the Federal courts, if your data doesn’t “match” and a perjury charge is laid? (Read More)
Well, they can’t say they weren’t warned about this rotten law. Did they think anything requiring a chart like this one was going to turn out well?