IRS says if you don’t buy health insurance you may lose your tax refund
IRS Commissioner Doug Shulman said yesterday that the IRS will confiscate or reduce any individuals tax refund if they do not purchase health insurance.
The Obamacare bill mandates that all individuals purchase health insurance. It also puts the United States Internal Revenue Service in charge of enforcing that mandate. However, the bill places limitations on how the IRS can penalize a citizen for failing to purchase health insurance. Specifically the bill prohibits the IRS from freezing bank accounts and seizing assets. Given these limitations, Shulman says that the IRS’s most likely course of action for imposing penalties on those who do not purchase health insurance would be to seize or reduce the amount of individual tax returns.
Source: Daily Caller
Media Bias, Unreported News Stories, Media Hypocrisy | If you don’t buy health insurance you lose your tax refund
Taking 10 deductions is still legal, eh?
There is no citation, or link, and already you are being linked to by other blogs with no citation. I don’t doubt the information, but a link would be helpful, for pasting, and proving to others who might say its not true.
@Todd Yarling, your wish is granted. I’ll link to the source.
@Todd Yarling, link is at the bottom of the post