Obamacare Gives IRS Sweeping Powers

Monday, 19 Jul 2010 08:43 AM

 

Share:
  Comment  |
   Contact Us  |
  Print  
|  A   A  
  Copy Shortlink
National Taxpayer Advocate Nina Olson warns that with ObamaCare, the IRS is now responsible for "the most extensive social benefit program the IRS has been asked to implement in recent history" -- and without "sufficient funding" it won't be able to discharge these new duties, according to a report in the Wall Street Journal.


Those new duties include audits to determine who has the insurance "as required by law" and collecting penalties from Americans who don't. Companies that don't sponsor health plans will also be punished. This crackdown will "involve nearly every division and function of the IRS," Olson says.

Republicans argued during the health debate that the IRS would have to hire hundreds of new agents and staff to enforce ObamaCare.

The IRS says it hasn't yet computed how much extra money and manpower it will need.

To read the full story, Go Here Now .

© All Rights Reserved.

Share:
  Comment  |
   Contact Us  |
  Print  
  Copy Shortlink
Around the Web
Join the Newsmax Community
Please review Community Guidelines before posting a comment.
>> Register to share your comments with the community.
>> Login if you are already a member.
blog comments powered by Disqus
 
Email:
Retype Email:
Country
Zip Code:
Privacy: We never share your email.
 
Hot Topics
Follow Newsmax
Like us
on Facebook
Follow us
on Twitter
Add us
on Google Plus
Around the Web
Top Stories
You May Also Like

Maddow Calls Out 'Democratic Wuss-itude' on ISIS airstrikes

Wednesday, 27 Aug 2014 21:30 PM

MSNBC host Rachel Maddow called out Democrats in Congress who are unhappy with their colleague Sen. Tim Kaine for urging . . .

Lindsey Graham: Stop ISIS or Watch More Americans Join Group

Wednesday, 27 Aug 2014 20:16 PM

Reports that 140 Americans are currently fighting for ISIS in Syria and Iraq are nothing compared to the number that wil . . .

Lawrence Kudlow: Burger King Move Puts Obama in a Fix

Wednesday, 27 Aug 2014 18:36 PM

Burger King's flight to Canada to beat huge U.S. corporate taxes raises a thorny predicament fort President Barack Obama . . .

Most Commented

Newsmax, Moneynews, and Independent. American. are registered trademarks of Newsmax Media, Inc. Newsmax TV, NewsmaxWorld, NewsmaxHealth, are trademarks of Newsmax Media, Inc.

 
NEWSMAX.COM
America's News Page
©  Newsmax Media, Inc.
All Rights Reserved