Friday, February 20, 2015

The Government and Its Own Laws

In the NY Times today is a piece about CMS sending out erroneous tax filing data. Surprise? Not really. Take Ginnie Mae in HUD. Despite the law requiring sending 1099s by February 14th, do not count on HUD sending anything on time! It is the Government, most likely one of the worst organizations known to man. One should read de Tocqueville's work on The French Revolution. He alleges the cause was the incompetent centralization of the governance of France by the administration in Paris. Centralized and overpowering.

The Times notes:

About 800,000 taxpayers who enrolled in insurance policies through received erroneous tax information from the government, and were urged on Friday to hold off on filing tax returns until the error could be corrected. The ... administration, under heavy pressure from congressional Democrats, also announced that it would give several million people more time to buy health insurance so they could comply with federal law and avoid tax penalties. The incorrect insurance information is used in computing taxes. Consumers can expect to receive corrected data in the first week of March. With the new data, officials warned, some taxpayers will owe more and some will owe less. Officials said they did not know why the error had occurred.

Is this a surprise, No.  But after all, Officials did not know how it happened. Would one ever think to check.

For those seeking Government controlled Health Care, please just think about it. Remember its the same GS9 who did this one who will mandate your cancer coverage. Hope they don't make the decision on their way to a doughnut break!