"A Very Great Learning Curve" Indeed

"Federal Data Services Hub" -- hard to understand what's coming before it will be here.

Byron York, Washington Examiner:

[T]he IRS will keep track of even the smallest changes in Americans’ financial condition. Did you get a raise recently? You’ll need to notify the IRS; it might affect your subsidy status. Have your hours been reduced at work? Notify the IRS. Change jobs? Same.

Last August, IRS official Nina Olson testified before Congress on the changes Obamacare will bring to Americans’ dealings with the nation’s tax collector. “Do you believe that most Americans are going to update the IRS or state exchanges when they change jobs, get married, move states, whatever?” Michigan Republican Rep. Tim Walberg asked Olson.

“I think it’s going to be a very great learning curve,” Olson answered. If Americans don’t keep the IRS up to date on their financial status, they might incur penalties, which the IRS will collect by withholding income tax refunds. “I think it will be a surprise to taxpayers if they don’t update their information,” Olson said...

WSJ Online, full article here.

^{[T]he IRS and HHS are now building the largest personal information database the government has ever attempted. Known as the Federal Data Services Hub, the project is taking the IRS's own records (for income and employment status) and centralizing them with information from Social Security (identity), Homeland Security (citizenship), Justice (criminal history), HHS (enrollment in entitlement programs and certain medical claims data) and state governments (residency).}

^{The data hub will be used as the verification system for ObamaCare's complex subsidy formula. All insurers, self-insured businesses and government health programs must submit reports to the IRS about the individuals they cover, which the IRS will cross-check against tax returns...}