Individual Mandate Increasing Tax Paperwork Burden by 7.5 Million Hours

The IRS released its final regulation for the individual mandate tax on Tuesday, and Americans for Tax Reform celebrated the occasion by highlighting the effects of the individual mandate on taxpayers.

“Taxpayers will be forced to spend a total of 7.5 million hours each year complying with the new tax,” the group noted.

Each American will have to spend up to an additional 30 minutes each year filling out paperwork to comply with the mandate, the group added.

Americans for Tax Reform also noted that the latest regulation does not refer to the mandate as a tax, as it was ruled to be by the Supreme Court, but instead as a “Shared Responsibility Payment.”

The group then substituted the “Orwellian” phrase into several famous quips about taxes.

“There is no such thing as a good Shared Responsibility Payment,” said an amended Winston Churchill.

It is unclear if the Obama administration will use the new phrase when discussing higher taxes instead of the “fair share” euphemism they used during the election.

VIA: WFB

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