In addition to more complicated tax returns, families and small businesses will be forced to reveal further tax information to the IRS, provide proof of 'government approved' health care and submit detailed sales information to comply with new excise taxes, i.e, VAT, Value Added Tax - rate to be determined. In cases of noncompliance; fees, penalties and imprisonment are to be assessed.
The VAT on sales is currently 17.1% in England and 25% in Scandinavian countries. Boy, aren't we all real happy that Obama did not raise the income tax on people making under $200,000? And that Obamacare is free? And just wait for the new Cap & Trade Carbon Tax soon coming up too? LOL! LOL!
The IRS could not give any indication how the Democrats' new legislation would implement the "bounty hunter" program President Obama suggested would track down abusers and collect evaded taxes on all government health programs, including Medicare and Medicaid.
Collecting taxes under the Democrats' newly passed health-care plan will cost the federal government more than $1 billion a year in IRS salaries alone according to a Congressional estimate.
The legislation will require the IRS to hire as many as 16,500 additional auditors, agents and other employees to investigate and collect billions in new taxes imposed on Americans, according to a House Committee on Ways and Means Committee report prepared March 18 for ranking members Reps. Dave Camp, R-Mich., and Charles Boustany, R-La.
In March 2009, the federal government's average annual salary was $42,035 for tax examiners, $91,507 for internal revenue agents and $63,547 for tax specialists according to the Bureau of Labor Statistics "Occupational Outlook Handbook, 2010-11 Edition."
Averaging the three pay grade averages yields an estimated $65,696 per IRS worker hired, assuming an equal number of tax examiners, internal revenue agents and tax specialists.
The Internal Revenue Service will see its largest expansion since withholding taxes were enacted during World War II to enforce the glut of new tax mandates and penalties included in the Democrats' latest health care plan.
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