VIDEO: Paul Ryan Nails IRS Commissioner Danny Werfel on a Health Care Law Loophole

Usually, C-SPAN is about as boring as watching the grass grow, but it yielded some impressive action recently when Rep. Paul Ryan (R-WI) went head to head with acting IRS Commissioner Danny Werfel over the Health Care Law on August 1st.

During the brief confrontation, Ryan blasted Werfel over a subsidy loophole in the ObamaCare Mandate, which Werfel proved unable to adequately explain.

• The unavoidable loophole, as Ryan notes, will happen as the administration's primary "enforcement tool," the Employer Mandate, will not be active until 2015.  Essentially, a person receives an unentitled subsidy from their employer, and, once the Employer Mandate becomes operational, the unlawful subsidy will be discovered, forcing the person to pay back the entire amount. 
  Rep. Ryan summarized his criticism by saying, "You're gonna have a lot of people getting subsidies they're not supposed to get, and then you're gonna hit them with a big tax bill in about two years to claw it back..."
  As if enough people were not already upset about ObamaCare, this is yet another reason for them to be.  A general rule about humanity is that, when it comes to money, people usually like to keep what they are given.  Imposing another potential tax on an already overtaxed population is not something you want to do, especially this way. 
  This is the equivalent of forcing a person to pay back prize money they believe they have rightfully won, after they've already spent some of it or stashed it away for something special.  Not only does this automatically threaten to drive a person into debt, but I don't know of anyone who would be the least bit happy to have such a thing happen to them.
  Once again, well done IRS..
  Via: MRCTV
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