Saturday, 07 November 2009

• Slick Willy #2..."Anything But the Truth" Obama

  
  Is there any American left on planet Earth who believes the IRS doesn't have enough power at it's disposal? You all know them right? That fun loving government agency who reeks havoc and reigns hell down on the average American's life yet calls a no foul / no penalty play on DC's finest politicians when they "forget" to pay their fair share? Yes, the ultimate bill collectors, armed and ready to invade your homes, your bank accounts and jail you for not volunteering to pay your mandatory taxes, are now poised to collect more out of your rear ends for Obama Care ( or is it Pelosi -Care ) should it pass, and should you not pay. Don't you love that kind of "choice"?
  

   
  Every one does remember these committed, heart felt, spine tingling words right?
  
  
  

  
  
  

  READ ON
  

  
  From the House Ways and Means Republicans:
  Letter from the Joint Committee on Taxation
  
  Today, Ranking Member of the House Ways and Means Committee Dave Camp (R-MI) released a letter from the non-partisan Joint Committee on Taxation (JCT) confirming that the failure to comply with the individual mandate to buy health insurance contained in the Pelosi health care bill (H.R. 3962, as amended) could land people in jail. The JCT letter makes clear that Americans who do not maintain “acceptable health insurance coverage” and who choose not to pay the bill’s new individual mandate tax (generally 2.5% of income), are subject to numerous civil and criminal penalties, including criminal fines of up to $250,000 and imprisonment of up to five years.
  
  In response to the JCT letter, Camp said: “This is the ultimate example of the Democrats’ command-and-control style of governing – buy what we tell you or go to jail. It is outrageous and it should be stopped immediately.”
  
  Key excerpts from the JCT letter appear below:
  
  “H.R. 3962 provides that an individual (or a husband and wife in the case of a joint return) who does not, at any time during the taxable year, maintain acceptable health insurance coverage for himself or herself and each of his or her qualifying children is subject to an additional tax.” [page 1]
  
  - – - – - – - – - -
  
  “If the government determines that the taxpayer’s unpaid tax liability results from willful behavior, the following penalties could apply…” [page 2]
  
  - – - – - – - – - -
  
  “Criminal penalties
  
  Prosecution is authorized under the Code for a variety of offenses. Depending on the level of the noncompliance, the following penalties could apply to an individual:
  
  • Section 7203 – misdemeanor willful failure to pay is punishable by a fine of up to $25,000 and/or imprisonment of up to one year.
  
  • Section 7201 – felony willful evasion is punishable by a fine of up to $250,000 and/or imprisonment of up to five years.” [page 3]
  
  When confronted with this same issue during its consideration of a similar individual mandate tax, the Senate Finance Committee worked on a bipartisan basis to include language in its bill that shielded Americans from civil and criminal penalties. The Pelosi bill, however, contains no similar language protecting American citizens from civil and criminal tax penalties that could include a $250,000 fine and five years in jail.
  
  “The Senate Finance Committee had the good sense to eliminate the extreme penalty of incarceration. Speaker Pelosi’s decision to leave in the jail time provision is a threat to every family who cannot afford the $15,000 premium her plan creates. Fortunately, Republicans have an alternative that will lower health insurance costs without raising taxes or cutting Medicare,” said Camp.
  
  According to the Congressional Budget Office the lowest cost family non-group plan under the Speaker’s bill would cost $15,000 in 2016.
  
  

  15,000$!?
  
  
  Xangan wisdom of the day brought to you by ProvokingThought :
  

  "What has the government done that we should place our trust in them? They have robbed and squandered the "trust fund" of Social Security, Medicare is going broke. Fannie Mae, Freddie Mac, CRA, Energy...everything they touch they screw up. That is not being partisan, that is being objective".
  

  
  

  
  
  

  • 6:57 PM
  • 231 Views
  • 42 eProps
  • 33 Comments