{"id":22340,"date":"2015-02-04T13:11:17","date_gmt":"2015-02-04T18:11:17","guid":{"rendered":"http:\/\/cfif.org\/v\/freedom_line_blog\/?p=22340"},"modified":"2015-02-04T13:11:17","modified_gmt":"2015-02-04T18:11:17","slug":"irs-delays-enforcement-of-obamacare-%e2%80%9cclawback%e2%80%9d","status":"publish","type":"post","link":"https:\/\/cfif.org\/v\/freedom_line_blog\/22340\/irs-delays-enforcement-of-obamacare-%e2%80%9cclawback%e2%80%9d\/","title":{"rendered":"IRS Delays Enforcement of ObamaCare \u201cClawback\u201d"},"content":{"rendered":"

Ladies and gentlemen, please welcome another politically-motivated ObamaCare delay<\/a> to the stage!<\/p>\n

Megan McArdle<\/a> sums up the IRS\u2019 decision to let those who received too much in ObamaCare subsidies last year get extra time to pay back the difference (called the law\u2019s \u201cclawback\u201d provision).<\/p>\n

\u201cIt\u2019s not relieving you of the obligation to repay; it\u2019s just saying that you won\u2019t be liable for a penalty if you don\u2019t repay by the deadline,\u201d explains McArdle. \u201cInterest will continue to accrue, but the interest rates that the IRS charges are actually pretty reasonable (and probably much better than what your credit card company charges). It\u2019s the failure-to-pay penalties it layers on top \u2013 half a percentage point a month, with even stiffer penalties for failing to file \u2013 that really make your tax bill add up fast.\u201d<\/p>\n

That is, if the Obama IRS ever gets around to enforcing the parts of laws it doesn\u2019t like. McArdle writes, \u201cThe IRS emphasizes that this is a one-time deal, just for 2014. But I\u2019m not sure if you should believe it. This emphasizes one of the problems we\u2019ve spoken about a lot in this space: The political will to impose the costs of the Affordable Care Act is a lot less strong than the will to distribute the benefits.\u201d<\/p>\n

The Republican establishment was once derided as the tax collector for the welfare state<\/a>. If Obama and the Democratic Party can\u2019t be bothered to administer both the costs and the benefits of their so-called health reform law, the GOP shouldn\u2019t shoulder the burden of balancing its books.<\/p>\n

Every politically-motivated delay in enforcing an aspect of ObamaCare is a tacit admission by its supporters that the law is unworkable in practice. Republicans should acknowledge the obvious and start afresh.<\/p>\n","protected":false},"excerpt":{"rendered":"

Ladies and gentlemen, please welcome another politically-motivated ObamaCare delay to the stage! Megan McArdle sums up the IRS\u2019 decision to let those who received too much in ObamaCare subsidies last year get extra time to pay back the difference (called the law\u2019s \u201cclawback\u201d provision). \u201cIt\u2019s not relieving you of the obligation to repay; it\u2019s just […]<\/p>\n","protected":false},"author":9,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[143,4650,84,3308,735,4042,35,2249],"class_list":["post-22340","post","type-post","status-publish","format-standard","hentry","category-posts","tag-barack-obama","tag-clawback","tag-congress","tag-health","tag-irs","tag-megan-mcardle","tag-obamacare","tag-subsidy"],"_links":{"self":[{"href":"https:\/\/cfif.org\/v\/freedom_line_blog\/wp-json\/wp\/v2\/posts\/22340","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/cfif.org\/v\/freedom_line_blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/cfif.org\/v\/freedom_line_blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/cfif.org\/v\/freedom_line_blog\/wp-json\/wp\/v2\/users\/9"}],"replies":[{"embeddable":true,"href":"https:\/\/cfif.org\/v\/freedom_line_blog\/wp-json\/wp\/v2\/comments?post=22340"}],"version-history":[{"count":6,"href":"https:\/\/cfif.org\/v\/freedom_line_blog\/wp-json\/wp\/v2\/posts\/22340\/revisions"}],"predecessor-version":[{"id":22346,"href":"https:\/\/cfif.org\/v\/freedom_line_blog\/wp-json\/wp\/v2\/posts\/22340\/revisions\/22346"}],"wp:attachment":[{"href":"https:\/\/cfif.org\/v\/freedom_line_blog\/wp-json\/wp\/v2\/media?parent=22340"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/cfif.org\/v\/freedom_line_blog\/wp-json\/wp\/v2\/categories?post=22340"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/cfif.org\/v\/freedom_line_blog\/wp-json\/wp\/v2\/tags?post=22340"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}