Individuals who don’t purchase health insurance may lose their tax refunds according to IRS Commissioner Doug Shulman. After acknowledging the recently passed health-care bill limits the agency’s options for enforcing the individual mandate, Shulman told reporters that the most likely way to penalize individuals that don’t comply is by reducing or confiscating their tax refunds.
Speaking at the National Press Club on Monday, Shulman downplayed the IRS’s role in enforcing the recent overhaul of the health insurance industry by claiming the agency would not aggressively target individuals who don’t purchase coverage. He noted that the health-care bill expressly forbids the agency from freezing bank accounts, seizing assets or pursuing criminal charges, but when pressed said the IRS would most likely use tax refund offsets to penalize those that don’t comply with the mandate. The IRS uses refund offsets to collect from individuals that owe the federal government a delinquent debt.
UPDATED: IRS chief: Buy health insurance or lose your tax refund
Posted by Pam
on 4/6/2010
Let me tell you how it will be;
There’s one for you, nineteen for me.
‘Cause I’m the taxman,
Yeah, I’m the taxman.
Should five per cent appear too small,
Be thankful I don’t take it all.
‘Cause I’m the taxman,
Yeah, I’m the taxman.
(if you drive a car, car – I’ll tax the street;
(if you try to sit, sit – I’ll tax your seat;
(if you get too cold, cold – I’ll tax the heat;
(if you take a walk, walk – I’ll tax your feet.
Taxman!
‘Cause I’m the taxman,
Yeah, I’m the taxman.
Don’t ask me what I want it for,
If you don’t want to pay some more.
‘Cause I’m the taxman,
Yeah, I’m the taxman.
Now my advice for those who die, (taxman)
Declare the pennies on your eyes. (taxman)
‘Cause I’m the taxman,
Yeah, I’m the taxman.
And you’re working for no one but me.
Sadly we are becoming just like those Europeans.
I heard that is why John Lennon and Ringo Starr settled in the U.S. I wonder how they would feel about it now.
I overheard some babbling idiot the other day putting down Tea Party members. He said
“Unfortunately, we have some people that just don’t like taxes, regulations, rebates, and Government services we need to change things for the better”. This is the mentality. Surrender all your money and rights to the Gov’t, and then stand there and wait for your handout. The opposite of what this Nation was founded on.
I wish these dopes would just move to Europe, the Mecca of Western Socialism, and stop destroying America.
be happy don’t cry after all most people in this country will not have the money to pay anyone anything soon so a camp maybe a good idea..God help us all obama will make billions on the backs of the poor white people that is, most of the third world people here will get free something? and Robert you can’t stop evil by doing nothing but hope.