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Old 12-04-2012, 04:46 AM
 
1,167 posts, read 1,123,026 times
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The Secular Progressives wet dream is becoming a reality...

IRS aims to clarify investment income tax under healthcare law | Reuters

It's Starting IRS Issues 159 Pages Of New Rules To Pay For Obamacare-obama.jpg
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Old 12-04-2012, 05:02 AM
 
Location: Long Island, NY
19,792 posts, read 13,956,603 times
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So? In terms of agency regulations that clarify legislation, which is typical, is 159 pages long, short or average? I suspect you don't know but just want to make something ordinary seem outrageous.
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Old 12-04-2012, 07:05 AM
 
Location: Holly Springs, NC USA
3,457 posts, read 4,655,228 times
Reputation: 1907
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Originally Posted by MTAtech View Post
So? In terms of agency regulations that clarify legislation, which is typical, is 159 pages long, short or average? I suspect you don't know but just want to make something ordinary seem outrageous.
Add it onto all of the other tax codes and regulations, and it is riduculous. You seem to think that government control, regulations and red tape are good things while the rest of us with common sense can see that these are there to take more of OUR money (not theirs). And giving money to the organization that has screwed up SS, Medicare and the USPS as well as pretty much anything they touch is hard to stomach. But go on, just accept it and go about your way merrily..............nothing to see here right?
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Old 12-04-2012, 07:26 AM
 
45,235 posts, read 26,464,208 times
Reputation: 24995
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Originally Posted by MTAtech View Post
So? In terms of agency regulations that clarify legislation, which is typical, is 159 pages long, short or average? I suspect you don't know but just want to make something ordinary seem outrageous.
The tax code is about 70,000 pages long, whats another 159?
Tax Code=Liberal bible
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Old 12-04-2012, 07:39 AM
 
11,186 posts, read 6,511,514 times
Reputation: 4622
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Originally Posted by MTAtech View Post
So? In terms of agency regulations that clarify legislation, which is typical, is 159 pages long, short or average? I suspect you don't know but just want to make something ordinary seem outrageous.
Do you need someone to tell you that a 159-page reg is long. Especially when it comes to taxes, a subject that befuddles many people even when it comes to every-year income taxes.

There are now roughly 15,000 pages of Obamacare regs, with thousands more still to come. On the plus side of this mountain of regs, we'll have a whole new industry --- Obamacare Regulation Specialists.
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Old 12-04-2012, 07:44 AM
 
691 posts, read 771,671 times
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The US Constitution which formed the entire federal government and its powers in relation to the States is only 6 pages.
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Old 12-04-2012, 07:48 AM
 
9,855 posts, read 15,210,139 times
Reputation: 5481
Quote:
Originally Posted by MTAtech View Post
So? In terms of agency regulations that clarify legislation, which is typical, is 159 pages long, short or average? I suspect you don't know but just want to make something ordinary seem outrageous.
To date, only 33% of the regulations specified in Dodd-Frank have been passed. Why don't we clean up and finalize everything we have now before throwing more paper into the mix?

The uncertainty of such a large volume of passed-but-not-implemented regulation and legislation is a major, major hindrance to any sort of economic growth.
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