Saturday, March 27, 2010

Now this is sweet

According to a report by Congress's Joint Committee on Taxation, the individual mandate in Obamacare lacks any real enforcement mechanism:

The penalty applies to any period the individual does not maintain minimum essential coverage and is determined monthly. The penalty is assessed through the Code and accounted for as an additional amount of Federal tax owed.However, it is not subject to the enforcement provisions of subtitle F of the Code. The use of liens and seizures otherwise authorized for collection of taxes does not apply to the collection of this penalty. Non-compliance with the personal responsibility requirement to have health coverage is not subject to criminal or civil penalties under the Code and interest does not accrue for failure to pay such assessments in a timely manner.

This means that the system will collapse almost immediately upon launch due to total universal system failure as anyone with half a brain will immediately cancel their health insurance.

All I can say is W.O.W.

As the Pelosiraptor said: "You have to pass the bill to find out what's in it"

Hope! Change! And really stupid people.

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