grounds it would raise one hundred billion dollars in tax revenues per year however when the joint committee on taxation reviewed the measure it was only estimated to bring in eight hundred seventy million dollars per year a poultry a game that considering international tax evasion is valued at forty billion dollars per year this law is controversial in the international community as well because it adds compliance claw cost to form. thanks to cater to american customers requires foreign financial institutions to report to the i.r.s. information about u.s. taxpayers accounts and even require them to withhold funds from americans the result according to forbes to avoid these complex regulations of potential issues in the future and increasing number of non u.s. financial institutions no longer offer any services to us connected clients additionally foreign banks and foreign nationals can be subject to huge fines and bank account seizures from the i.r.s. if they don't comply these laws also make it difficult for americans to get a mortgage life insurance or other financial services overseas u.s. tax lawye

and according to the congressional budget office, c.b.o., and the joint committee on taxation, obamacare imposes a $1 trillion tax hike on the american economy over just the first ten years, a trillion-dollar tax hike. their analysis finds 21 tax hikes in obamacare due to the law's various mandates and restrictions. among these, several affect individuals making less than $200,000 and married couples making less than $250,000, a clear violation of president prt obama's ofpresidentobama's oft-n promise not to do soavment obamacare will still add $6.2 trillion -- yes, $6.2 trillion to the debt in the years ahead. this is based on the government accountability office projections. this clearly violates yet another promise by the president: that he would not -- and i'll quote his words "not sign a plan that adds one dime to our deficits, either now or in the future." goodness. had madam president, i believe that obamacare will not only fail to control costs, as is evident here, but throe also to destroy the best quality health care in the world -- ours. why do i say that? in 2009, martin feld