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Tags: irs | obamacare | taxes | barack | obama | twitter

IRS: We Need $359 Million to Deal With Obamacare

By    |   Wednesday, 16 February 2011 09:36 AM EST

Bracing for what the IRS calls the largest set of tax law changes in 20 years, a newly released IRS budget reports that the agency is seeking to bolster its resources in preparation for Obamacare implementation to the tune of 1,054 new auditors and staff — at a cost of $359 million to taxpayers.

The increase request is due to the enormous challenges the agency faces, according to US News & World Report. Among the requests to meet those challenges: new facilities; new IT systems; modification to tax processing systems; taxpayer outreach services; and changes to notices, case management, and collections methods.
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To keep up with the healthcare overhaul, a taskforce of 76 agents will oversee drug makers and importers to ensure they adhere to new fees.

Another 81 members will be assigned to handle the tax reporting of tanning salons, which face a new 10 percent tax on tanning services.

Arizona Sen. John McCain famously slammed President Barack Obama over the tanning-bed tax after Snooki from “Jersey Shore” said in an interview that she would no longer use tanning beds due to the tax. In a Twitter post McCain wrote, “u r right, I would never tax your tanning bed! Pres Obama’s tax/spend policy is quite the Situation.”

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Bracing for what the IRS calls the largest set of tax law changes in 20 years, a newly released IRS budget reports that the agency is seeking to bolster its resources in preparation for Obamacare implementation to the tune of 1,054 new auditors and staff at a cost of $359...
irs,obamacare,taxes,barack,obama,twitter
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2011-36-16
Wednesday, 16 February 2011 09:36 AM
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