The ObamaCare Scam

The healthcare legislation should never have become law, and as time goes on, we continue to discover what a shoddy bit of law-making it was:

Talk about a paperwork nightmare: Tucked into the massive new health care law is a demand that nearly 40 million U.S. businesses file tax forms for every vendor that sells them more than $600 in goods. …
The goal of the provision was to prevent vendors from underreporting their income to the Internal Revenue Service. The government must think those vendors are omitting a lot because the filing requirement is estimated to bring in $19 billion over the next decade. …
Republicans want to repeal the filing requirement and pay for it by changing other parts of the new health care law, a strategy that Democratic leaders won’t support. Democrats want to repeal the filing requirement and pay for it by raising taxes on international corporations and limiting taxpayers’ ability to use special trusts to avoid gifts taxes. Republicans won’t support that.

Because of the method of the legislation’s enactment, nobody caught this problem before it passed, and those who were aware of it were either too ignorant to foresee (or object to) the consequences or thought it would offer a nifty trick for repealing the problem and increasing taxes after the legislation had squeaked through to passage. Frankly, the whole bill is a scam and an atrocity and should be repealed in full.
Barring that, the Republicans are exactly right: repairs to the law should be made within the law.

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Robert Balliot
11 years ago

The health care bill for 911 responders was rejected because it closed a loophole for multinational corporations that do not pay taxes in the US to pay for the bill.
I am not sure how Justin, *who often complains about not being able to afford treats for his lunchbox* identifies with account holders in the Cayman Islands and would protect their interests over 911 responders. But, I guess it validates the notion that you can fool some of the people all of the time:
911 Responders
Sick.

Justin Katz
11 years ago

Ummm… That’s not really the same topic.

Monique
Editor
11 years ago

“Tucked into the massive new health care law is a demand that nearly 40 million U.S. businesses file tax forms for every vendor that sells them more than $600 in goods. … ”
Mind-boggling stupidity and waste. The definition of a pointless abuse of government power.

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