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Politics : Formerly About Advanced Micro Devices

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To: jlallen who wrote (674150)9/18/2012 11:12:29 AM
From: PROLIFE  Read Replies (1) of 1584328
 

Tax Compliance for Obamacare Amounts to 80 Million Hours


ATR ^ | 2012-09-18 |

The House Committee on Ways and Means has compiled an estimate of the total amount of hours it will take to comply with the taxes contained in Obamacare. Based on IRS estimates, it will take nearly 80 million hours for families and businesses to comply with Obamacare taxes. To put this in perspective, according to Ways and Means, it is the equivalent of the Empire State Building being constructed 11 times, a building which took 7 million man-hours to build.

To make matters worse, Ways and Means has concluded that over half of the burden of tax compliance for Obamacare will fall on small businesses.

NEED THERE BE ANYTHING ELSE TO SAY EXCEPT, GET THIS GUY OUT OF THE WHITE HOUSE?
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