Monday, December 10, 2012

Your Dictatorship Shows Its Teeth

Have I reminded you to buy more ammo lately?  Christmas is coming, after all.

It turns out that ObamaCare makes an essential part of its regulatory scheme—an $800 billion bailout of private health insurance companies—conditional upon state governments creating the health insurance “exchanges” envisioned in the law.

This was no “drafting error.” During congressional consideration of the bill, its lead author, Sen. Max Baucus (D-MT), acknowledged that he intentionally and purposefully made that bailout conditional on states implementing their own Exchanges.

Now that it appears that as many as 30 states will not create Exchanges, the law is in peril. When states refuse to establish an Exchange, they are blocking not only that bailout, but also the $2,000 per worker tax ObamaCare imposes on employers. If enough states refuse to establish an Exchange, they can effectively force Congress to repeal much or all of the law.

That might explain why the IRS is literally rewriting the statute. On May 24, the IRS finalized a regulation that says the law’s $800 billion insurance-industry bailout will not be conditional on states creating Exchanges. With the stroke of pen, the IRS (1) stripped states of the power Congress gave them to shield employers from that $2,000 per-worker tax, (2) imposed that illegal tax on employers whom Congress exempted, and (3) issued up to $800 billion of tax credits and direct subsidies to private health insurance companies—without any congressional authorization whatsoever.

TurboTimmy is no stranger to lawbreaking, of course.  But now he gets to do it to the citizens, not to the Gummint.

HT:  Ticker


Saint Revolution said...

As the (I)rreverent (R)apist (S)tatists ignore, so shall The People ignore the (I)rreverent (R)apist (S)tatists.

Tax revolt.

Anonymous said...

Go ahead and refuse to pay your taxes, Timmy.

Saint Revolution said...

TO: Ann 12/13/2012 9:53 PM:

I'll do you one better.

You go ahead and pay yours'....stepford automaton.

Update us all on your ROI.

Orwell needed only to look about him for complete inspiration.