In my past couple posts, I’ve been sharing the “expansive” nature of the U.S. Tax Code, and most recently, how all this “expansion” was before the Affordable Care Act – “ObamaCare”. As I’ve said before, in my opinion, the “code” will explode with ObamaCare due to the IRS’s being in charge of managing the program. Based on an article on WSJ.com dated 05/14/2013: Your Next IRS Political Audit:
In order for the IRS to be able to manage and control this vast endeavor, it and the Dept. of Health & Human Services are in the process of building the largest personal information database the government has ever attempted. This new “super database” will be combining records from Social Security, IRS, Homeland Security, Justice, Health & Human Services and state governments, centralizing information on your personal identity, income, employment, citizenship, criminal history, medical history and residency, just something to help agents get whatever they need from one location as opposed to having to look through many differnet services.
With the recent reports of the IRS’s trying to “slow down” the process of conservative groups being awarded 501(c)4 status and possibly doing more audits of parties felt to be of a more conservative tone, does anyone think this all might be pointing to a bigger problem in the future?
A positive note is that there have been tax reform talks between the House of Representative’s Ways & Means and the Senate’s Finance Committees concerning the rewriting of the tax code; however, I will be very surprised if a rewriting begins with scrapping the whole thing and starting over fresh. Brings to mind a situation I had with my perscription eyeglasses. Over the years, when I’d go in for a check-up, the doc would start at the current perscription and try and tweak it. My damn glasses got so bad, I could barely see out of them. That’s when I finally said: “let’s start from the beginning, like I’ve never been here before”. Got the best perscription I’ve ever had. Congress should take note.