The Criminal Act of Job Creation
You can be certain that the latest from the IRS will boost our employment situation immediately:
The IRS said it would soon issue “anti-abuse rules” to discourage employers from taking advantage of any regulatory loopholes.
“The Treasury Department and the IRS are aware of various structures being considered under which employers might use temporary staffing agencies (or other staffing agencies)… to evade application of section 4980H [the employer insurance mandate],” the IRS said in a proposed regulatory announcement issued December 28.
The IRS said it would issue a so-called “anti-abuse rule” in an attempt to prevent employers from using temp agencies to circumvent the mandate, essentially writing into law that even though an employer hires temporary workers and therefore is not technically under the mandate’s jurisdiction, the IRS would fine them anyway for not providing health insurance. [Emphasis added]
In Obama's America, the IRS makes the laws.
Article printed from VodkaPundit: http://pjmedia.com/vodkapundit
URL to article: http://pjmedia.com/vodkapundit/2013/1/11/the-criminal-act-of-job-creation