Throughout the summer, Americans for Tax Reform will be highlighting the most outrageous new powers that the IRS will have under the Obamacare law. According to a report from GAO, the IRS is tasked with nearly four dozen new powers under that law. Each day, one will be selected for a brief review.
This is the most famous part of Obamacare. Almost every American will be required to purchase “qualifying” health insurance. Failure to do so will result in a hefty surtax payable to the IRS.