By Jen Kuznicki On May 16, 2013
Byron York of the Washington Examiner wrote yesterday that the IRS scandal could lead to fears about the agency’s role in enforcing Obamacare.
The IRS will also decide who is, and who is not, eligible for Obamacare’s subsidies. The law authorizes the IRS to share confidential taxpayer information with the Department of Health and Human Services for the purpose of determining those subsidies.
In addition, the IRS will keep track of even the smallest changes in Americans’ financial condition. Did you get a raise recently? You’ll need to notify the IRS; it might affect your subsidy status. Have your hours been reduced at work? Notify the IRS. Change jobs? Same.
Those fears have been ongoing since Obamacare was first rammed through. Financial worries and concern over loss of property, along with the stress of a “new normal” sluggish economy have been at the top of the list of most thinking Americans.
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