What happens if Obama Wins Re-election?
This comes in an email forwarded to me by my friend Michael Gallops.
Michael is one of our Rowlett City Council members and he does an outstanding job. He is on more email lists than I am, and folks, this is something that ALL Americans need to see and think about.
If President Obama is re-elected, Obamacare will continue to go into effect piece by piece. By now, you already know about the 20 new or higher taxes in the bill, but most Americans are not yet aware of the intrusive role the IRS will play in enforcing Obamacare.
Starting in 2014, all Americans who file income tax returns must complete an additional IRS tax form- the Obamacare Individual Mandate Tax Compliance form. Under the Obamacare mandate provision, you must disclose your personal health ID information to the IRS. To educate voters about this rarely reported requirement, Americans for Tax Reform has released a projected tax form to help American families realize how much more the IRS will be invading your personal lives going forward.
“Highlights” from the Obamacare Individual Mandate Tax Compliance Form include:
1. Determination of “qualifying” health insurance. Under the Affordable Care Act, most Americans must purchase health insurance deemed “qualified” by the Department of Health and Human Services (HHS) starting in 2014.
2. Disclosure of personal identifying health information. Every family that files a tax return (140 million households) will have to disclose whether or not they were covered by a qualifying plan, in which months they were covered, and what type of coverage they received.
3. IRS penalties and interest on unpaid mandate taxes. Because the Affordable Care Act’s individual mandate penalty is a tax, the IRS will be able to assess interest and non-criminal penalties on those families who will not or cannot pay the tax. The IRS will issue regular, periodic correspondence audits to these families to help them comply with their filing responsibilities.
Take action now by making sure your friends and family are aware of the new IRS requirements and what the Obamacare Individual Mandate Compliance Form could look like in the future. Obamacare played a major role in reshaping Congress in 2010; it can have the same impact in 2012.
Please make sure your friends and family know what’s coming in 2014 if Obama wins!
Americans for Tax Reform
P.S. - Help put an end to Obamacare. Forward this email on to your friends and family.
Early voting is over in most places, I hope you voted and I really hope you voted for Mitt Romney. If you’re waiting for Election Day, PLEASE vote to save this nation from the tragedy that we are only mildly suffering at this time.
I assure you, what we suffer now will multiply 100 fold, or more if Barack Hussein Obama is allowed to continue in his campaign to take America into full-blown Socialism!