Parrotpatriot's Blog – August 2009 Archive (1)

The Audacity of Congress



The terms “tax” or “taxes” is mentioned 92 times in H.R. 3200 – the healthcare so-called reform bill that is currently before Congress. Why? Why mention the IRS in a healthcare bill? Well, for one thing, the bill says you will be taxed 2.5% of AGI (that’s the last number on the front page of your Form 1040) for not having government-approved coverage. That could be a significant amount for… Continue