Seal of the Internal Revenue Service
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The Internal Revenue Service would gain sweeping new powers under President Obama’s healthcare reform proposals, in what Republicans on the House Ways and Means Committee are calling a “dangerous expansion” of IRS powers.That’s according to a nine-page Republican report from the Committee on Ways and Means on Thursday. It’s titled “The Wrong Prescription” Democrats’ Health Overhaul Dangerously Expands IRS Authority.”Among the new powers the IRS would assume, the report says: The authority to confiscate tax refunds, to impose fines of over $2,200 per taxpayer, and to verify whether taxpayers’ health insurance coverage is “acceptable.”

via Newsmax – Obamacare Grants IRS Perilous Power, GOP Says – Mozilla Firefox.

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