The health-care overhaul will change the way millions of Americans get health insurance and require nearly everyone to have health insurance or face penalties.

A number of factors – including income, age, location and family size – will determine how it specifically impacts your life.

The Washington Post has created a tool that looks at what it could mean for your health coverage and taxes based on your income, family size and current insurance status.

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The Health Care debate rages on and it’s more information than most can keep up with.

One headline that catches my attention today is the House Ways and Means Republicans on Thursday assailed a provision in the proposed health care reform bill under consideration.

Subcommittee on Oversight ranking member Charles Boustany (R-La.) said the IRS provision in the bill “dangerously expands, in an ominous way the tentacles of the IRS and it’s reach into every American family,” he said today during a press conference.
“This is a vast expanse of power,” he said.

Boustany said the bill would allow the IRS to confiscate refunds if there are penalties for not buying health care.

This is the biggest point that no one has been scrutinizing all along! This is the one that people should be screaming mad about and demand the failure of this bill for this reason alone.

Why in the world should the IRS be in charge of a “Health Care” bill enforcement? This bill is a blatant sham of a vehicle for the government to get deeper into the pockets of every American taxpayer.

This is what this whole scam has been about all along. This is why they are pushing so hard to pass this sham. They need more money to keep spending like they are used to and want more of our money.

This has to be stopped. It is merely a tax collection bill… not a Health bill!

Read more on this bill

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Tax season is upon us. And while nobody likes shelling out their hard-earned dollars to the IRS, this year the government is offering up some new opportunities that could save you big money.

As part of the American Recovery and Reinvestment Act, or stimulus bill, Congress introduced several new tax goodies that could help millions of Americans save — as long as they know to claim them.

“The purpose of these credits is to give back the maximum amount of money to taxpayers so that Americans spend a little more and help the economy,” said Jerry Morphis, CPA and owner of Accutax & Accounting, “but the new credits are not common knowledge.”

Even as the IRS seeks to collect every penny it can in tax revenue, you can still come out on top and stimulate your own economy by taking advantage of these five new tax breaks.

CNN

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U.S. researchers estimate that an 18 percent tax on pizza and soda can push down U.S. adults’ calorie intake enough to lower their average weight by 5 pounds per year.

The researchers, writing in the journal Archives of Internal Medicine on Monday, suggested taxing could be used as a weapon in the fight against obesity, which costs the United States an estimated $147 billion a year in health costs.

This is just another attempt to control and tax our lives. The economy is where it’s at today because people are tired of paying someone’s pet project.

Leave people alone and let them live their lives in peace without government extorting money from their pockets to fund these stupid initiatives.

Source – Reuters

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Arriving at Harv’s Metro Car Wash in midtown Wednesday afternoon were two dark-suited IRS agents demanding payment of delinquent taxes. “They were deadly serious, very aggressive, very condescending,” says Harv’s owner, Aaron Zeff.

The really odd part of this: The letter that was hand-delivered to Zeff’s on-site manager showed the amount of money owed to the feds was … 4 cents.

Inexplicably, penalties and taxes accruing on the debt – stemming from the 2006 tax year – were listed as $202.31, leaving Harv’s with an obligation of $202.35.

Zeff, who also owns local parking lots and is the president of the Midtown Business Association, finds the situation a bit comical.

“It’s hilarious,” he says, “that two people hopped in a car and came down here for just 4 cents. I think (the IRS) may have a problem with priorities.”

I do find it comical that the IRS would come after someone for such a small amount yet we have politicians that owe tens of thousands of dollars for years and nothing happens.

Wait a minute something is done. When they are nominated for a position by the presidents they say there accountant made a “mistake”. It wasn’t their fault. I’m sorry. I will pay it now. I wonder if they have to pay penalties and interest?

Source

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