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H.R. 5719, The Taxpayer Assistance and Simplification Act of 2008
- This item is from the 110th Congress (2007-2008) and is no longer current. Comments, voting, and wiki editing have been disabled, and the cost/savings estimate has been frozen.
Comparing original version (created by webmaster) with revision saved on April 9, 2008, 19:30:17 (webmaster):
H.R. 5719 would amend the Internal Revenue Code of 1986 to conform return preparer penalty standards, delay implementation of withholding taxes on government contractors, enhance taxpayer protections, assist low-income taxpayers.
== Detailed Summary ==
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== Status of the Legislation ==
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(Log inLatest Major Action: 4/8/2008: Referred to House committee. Status: Referred to edit the wikiHouse Committee on Ways and be the first to update the status of the bill!)Means.
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== Points in Favor ==
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== Points Against ==
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Visitor Comments
Mark MacMullen
April 17, 2008, 3:16pm (report abuse)I agree with all except the Substantiation of HSA Distribution. This bill appears to be on sound footing and I support it except for the provision mentioned above.
Mia
April 21, 2008, 10:18am (report abuse)HSAs have become an important tool in health care reform for over 4 million Americans. Some folks in DC don't want us paying for our own health care and they are trying to stop the success of HSAs before too many people learn they can have control of their own health care. Of course Congress and their staffers have us to pay their bills.
Orin
April 29, 2008, 3:06pm (report abuse)I pay my Veterans Association health care costs myself and then withdraw money from my HSA if I need it to make up the difference. My insurance doesn't seem to pay for VA care, so the money comes out of my pocket. More paperwork to prove I paid my government VA health care? Ridiculous!
Kathy
June 4, 2008, 11:15am (report abuse)Adding substantiation requirements will turn the efficient HSA system into a redtape nightmare that could rival health insurance claims.
Mark
December 16, 2008, 9:28pm (report abuse)It is a shame that the self-employed have to worry about even more fees and paperwork regarding HSA's if this bill were to pass. I still like the idea of line item veto's.