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Politics : Politics for Pros- moderated

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To: FJB who wrote (322481)9/3/2009 3:55:49 PM
From: KLP2 Recommendations  Read Replies (1) of 793953
 
A Statist Gestapo CIA ~~~~ oh, just terrific.

en.wikipedia.org


If it all matches up, you're fine. If it doesn't, you will hear from the IRS. And if you don't have "acceptable" coverage, you will be subject to substantial fines — fines that will be administered by the IRS.

Under some versions of health reform now circulating on Capitol Hill, the IRS would also be intimately involved in how you pay for insurance. Everyone would be required to buy coverage. The millions of Americans who can't afford it would receive a subsidy to pay for it. Under the version of the plan currently under negotiation in the Senate Finance Committee, that subsidy would come through the IRS in the form of a refundable tax credit. Under the House plan, the subsidy would come directly from the Health Choices Administration.

In either scenario, the IRS would be the key to making the system work <<<<
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