- Nov 9, 2000
- 19,441
- 85
- 91
So with obamacare came exchanges. Obamacare was written in such a way that only state run exhanges were allowed to pay subsidies. the IRS said that not allowing the federal exchange to pay subsidies was an unintentional omission from the law.
Some argue that the omission was intentional so the governors of states not setting up exchanges would be in the hot seat if they did not set up an exchange within their state. This omission prevents the IRS from collecting the $2000 per worker fines for companies that choose to not use the federal exchange if their state does not have one. At least 30 states will not create exchanges.
So the IRS bypassed congress and changed the law.
So the authors of the obamacare bill say the intent to have that provision for IRS to fine was there. But it wasn't in the bill that was passed.
I would give you a link, but MSM is apparently ignoring this huge deal.
for the link freaks here you go:
http://oversight.house.gov/hearing/irs-enforcing-obamacares-new-rules-and-taxes/
The IRS will be answering questions on how they feel it was in their right to re-write a law.
Some argue that the omission was intentional so the governors of states not setting up exchanges would be in the hot seat if they did not set up an exchange within their state. This omission prevents the IRS from collecting the $2000 per worker fines for companies that choose to not use the federal exchange if their state does not have one. At least 30 states will not create exchanges.
So the IRS bypassed congress and changed the law.
So the authors of the obamacare bill say the intent to have that provision for IRS to fine was there. But it wasn't in the bill that was passed.
I would give you a link, but MSM is apparently ignoring this huge deal.
for the link freaks here you go:
http://oversight.house.gov/hearing/irs-enforcing-obamacares-new-rules-and-taxes/
The IRS will be answering questions on how they feel it was in their right to re-write a law.