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Originally Posted by pod Holy crap! Just reading that brings a million mind boggling questions... Forget how they could manage this, because they couldn't possibly in a 1000 years. What is the purpose of such a small number? What is Uncle Sam after here with you poor folks? | I believe it was a provision that was added to help pay for the healthcare bill. Without being political, from strictly a FINANCIAL standpoint, this new law is paid for by a lot of smoke and mirrors, assumptions and wishful thinking. Such as being able to eliminate ONE BILLION dollars a year in medicare fraud. An admirable goal, but is this figure for real, and even if it is, how is it to be eliminated?
Like most plans put forth by politicians, there are very few details. And, as they say, the devil is in the details. I think the assumption in this particular case is there is a lot of unreported income related to the purchase of goods by businesses in this country. But the way they are going about finding it will cost the taxpayers an extra billion dollars to find an extra ten million in revenues.
For the record, I am NOT picking on Obama, ALL politicians are guilty of this. At least here in the USA. I cannot speak for other countries.
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