IRS WILL DETERMINE IF YOU HAVE ACCEPTABLE GOVERNMENT INSURANCE -
THIS IS GOVERNMENT INTRUSION IN PEOPLES LIVES!
• IRS agents verify if you have “acceptable” health care coverage;• IRS has the authority to fine you up to $2,250 or 2 percent of your income (whichever is greater) for failure to prove that you have purchased “minimum essential coverage;”• IRS can confiscate your tax refund;• IRS audits are likely to increase;• IRS will need up to $10 billion to administer the new health care program this decade;• IRS may need to hire as many as 16,500 additional auditors, agents and other employees to investigate and collect billions in new taxes from Americans; and• Nearly half of all these new individual mandate taxes will be paid by Americans earning less than 300 percent of poverty ($66,150 for a family of four.)
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