From the Wall St Journal:
Yet with ObamaCare, the agency 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.
That wouldn’t be tragic, given that 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,” Ms. Olson reports.
Well, well. Republicans argued during the health debate that the IRS would have to hire hundreds of new agents and staff to enforce ObamaCare. They were brushed off by Democrats and the press corps as if they believed the President was born on the moon. The IRS says it hasn’t figured out how much extra money and manpower it will need but admits that both numbers are greater than zero. (Source)
But that’s not ever the worst. Read the full article here. Seems that buried in Obamacare is a requirement for businesses to report all goods they buy from a single vendor that total more then 600$ for the year.
Yikes. Now, for a big company, the extra reporting may just be a bit of a nuisance. But for a small business, the extra reporting may well sink the business. Not cool. So what is our Congressional response?
In a Monday letter, even Democratic Senators Mark Begich (Alaska), Ben Nelson (Nebraska), Jeanne Shaheen (New Hampshire) and Evan Bayh (Indiana) denounce this new “burden” on small businesses and insist that the IRS use its discretion to find “better ways to structure this reporting requirement.” In other words, they want regulators to fix one problem among many that all four Senators created by voting for ObamaCare.
In other words, these Democratic Senators want the IRS to ignore the new law. Awesome plan there, dudes. Let’s pass a law, then tell everyone to ignore it. Um… I’ve got a better idea… How about you guys actually start, oh, I don’t know, maybe…. READING the bills BEFORE you pass them! I mean… It’s a novel idea, but it just might work. You never know ’til you give it a try.