Fines by the Internal Revenue Service
Mandated insurance with fines assessed by the IRS has occurred in Massachusetts since 2006.
Let’s stop government controls, not expand them.
We do not want this nationally
Reference: U.S. House Resolution 3200; fall 2009; see page 110 section 207(c)(1)
- (A) TAXES ON INDIVIDUALS NOT OBTAINING ACCEPTABLE COVERAGE.
- The amounts received in the Treasury under section 59B of the Internal Revenue Code of 1986 (relating to requirement of health insurance coverage for individuals).
- (B) EMPLOYMENT TAXES ON EMPLOYERS NOT PROVIDING ACCEPTABLE COVERAGE.—The amounts received in the Treasury under section 3111(c) of the Internal Revenue Code of 1986 (relating to employers electing to not provide health benefits).
- (C) EXCISE TAX ON FAILURES TO MEET CERTAIN HEALTH COVERAGE REQUIREMENTS. —The amounts received in the Treasury under section 4980H(b) (relating to excise tax with respect to failure to meet health coverage participation requirements).
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