IRS Says Health Care Coverage Fines Not Punitive, But Admits Govt Can Keep Refunds If Fines Not Paid
(CNSNews.com) – IRS Commissioner Doug Shulman said on Monday that the health care bill signed into law last month by President Barack Obama is not “punitive,” but that the agency could withhold tax refunds if it determines a taxpayer does not have mandatory health care coverage and should pay a fine, as stipulated in the law.
The new health care law mandates that every American have health insurance, either on their own or through their employer. If a person refuses to buy health insurance, he can be penalized financially by the federal government...
