Now that Barack Obama's health insurance bill squeaked by with just 4 votes, the only thing left to do is figure out just how the government plans to enforce the individual mandate in ObamaCare that says everyone must buy health insurance or be fined -- read on.
According to political analysts, it will take an additional 17,000 new IRS workers just to enforce the individual mandate if even 50% of you decide you're not going to buy health insurance.
That's a whopping $850,000,000 just to hire those additional IRS workers to collect the taxes from people who will refuse to buy health insurance in 2014 when the mandate goes into affect. So snatching your tax refund before you can cash it will be a cheaper option.
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. Read More...
Most Americans who oppose the health care bill say they have already decided to pay the small fine of $650 rather than pay thousands in premiums per year. So how does this bill benefit health care again?