Tuesday, July 20, 2010

Obamcare Debacle Continues

Considering the President lied this isn't that much of a surprise:

(THE HILL) However, the public has made it clear it likes neither the product (about which more is being learned by the day) nor the process that led to passage. Many of the deals needed to piece together majorities in the House and Senate received enough publicity at the time to outrage many, but as time goes on revelations about additional concessions made to woo votes are justifying what were dismissed as simple partisan attacks during the debate.

Moreover, the possible consequences of the bill are making many wake up and take note.

When critics of the legislation alleged during the debate that the enforcement of its many provisions would vastly increase the power of the IRS and empower tax collectors to go where they had never gone before, administration spokesmen reacted in outrage. The president’s critics, they charged, were not just wrong, but lying to scare people.

It turns out that the critics were dead right and that if there was any lying going on, they weren’t the guilty ones. In the days since passage, we have learned that the IRS will have to hire literally thousands of new agents, auditors and analysts to make sure everyone required to buy into the program does so and to catch those who violate its many provisions as well as to collect the data that will be required of small businesses to help the government collect new taxes to pay for the scheme.

The result is that small-business owners who were promised they would benefit from the new law are up in arms as they discover that they will in fact be targets of an IRS planning to impose even more regulations on the way they operate. The absolute ludicrousness of the new requirements is that business owners will apparently now be required to file forms reporting on aggregate annual payments of as little as $600 to “vendors” like Staples or the office coffee supplier.

Obamcare, a stake in the heart of the economy.

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