IRS to rubes: Don’t worry about new healthcare requirements, it’s not a big deal
That the new healthcare law requires the hiring of over 16,000 new IRS agents tells you all you need to know about healthcare reform. It’s about government, not healthcare.
But the IRS says we have nothing to worry about:
[...]IRS Commissioner Douglas Shulman said taxpayers have nothing to fear.
“I think there have been some misconceptions out there,” Shulman told a House committee last week, insisting the new law will not fundamentally alter the relationship between the agency and taxpayers.
Shulman said the new health care law puts the onus on taxpayers to report their insurance coverage on tax forms much as they report income and interest earnings.
“All that will happen with the IRS is similar to a current 1099, where a bank sends the IRS a statement that says ‘here’s the interest’ someone owes, and they send it to the taxpayer,” he said. “We expect to get a simple form that … says this person has acceptable health coverage.”
He said the Department of Health and Human Services will set guidelines for what constitutes “acceptable” health coverage.
See? That’s all there is to it. It will be just like getting a 1099 in the mail every January. Except instead of it having to do with how much money you make, it will be about how much and what type of healthcare insurance you have.
And in five years, it will be about how much energy you use.
And five years after that, it will be about what kind of car you drive.
The bottom line is once you start feeding the beast, it will always demand more.