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The ongoing investigation into the IRS and its unlawful targeting of conservative action groups has put the spotlight on the federal agency and the power it wields.
The Heritage Foundation today offers a friendly (and terrifying) reminder of how President Obama's signature health care law increases the size and scope of the IRS with a few facts and figures:
18—New taxes in Obamacare, including 12 that directly violate then-Senator Barack Obama’s “firm pledge” to those making under $250,000 per year that he would not “raise any of your taxes.”47—New provisions Obamacare charges the IRS with implementing, according to theGovernment Accountability Office.
$695—Tax for not buying “government-approved” health insurance the IRS will be charged with enforcing on all Americans.
1,954—Full-time bureaucrats the IRS wants to devote to Obamacare implementation and enforcement in the upcoming fiscal year.
60,000,000—Medical records the IRS has been charged with improperly seizing, raising concerns about whether the agency can handle the personal health insurance information all Americans will be required to submit to the IRS.
$439,584,000—The IRS’s request for new spending on Obamacare implementation in the upcoming fiscal year; the request did not specify how much of those funds the IRS will spend on the “Cupid shuffle.”6,100,000,000—Man-hours Americans already devote to tax compliance, according to theNational Taxpayer Advocate, a burden that will rise significantly thanks to Obamacare.
$1,000,000,000,000—New revenue raised by Obamacare in its first 10 years alone, according to the Congressional Budget Office, sums that will only rise in future decades.
If ever there were an argument as to why Obamacare should be repealed and defunded, these numbers—coupled with the IRS revelations of recent weeks—tell the tale.
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