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Thread: Bidenís new plan lets the IRS snoop on your bank accounts

  1. #11
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    Remember, prosecutors have the authority to have all the money in your bank accounts frozen. Which is of course totally understandable, but at least (under the old system) they had to figure out where that money is first.

    There have been documented cases where this power was abused, to prevent defendants from being able to pay for a lawyer, to coerce them into a plea bargain and force them to plead guilty. Can't hire an expensive lawyer if all your money in your bank account is frozen.


    Any time people are routinely forced to hand over information and that information is collected in a mass fashion, there is the potential that exists for that information to get misused in an abusive fashion.
    Or for the passage of some new law, or new policy, that will use that information in a way nobody was expecting.

    When government collects information about something, they usually want to control it. And once they have more control over something, there's a typical long-term trend for them to want to control it more, and make decisions about it they wouldn't have been able to before.
    Last edited by kazenatsu; 05-04-2021 at 01:23 AM.

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  3. #12
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    Quote Originally Posted by Brat View Post
    Do they? I remember when they weren't interested until the withdrawal exceeded 10 grand.

    I got asked what my vocation was the last time I took out 2K to buy a used dirt bike. The Tell.
    Scientist, Evangelical Christian - reformed, father, entrepreneur, hunter, outdoorsman, motorcyclist, Constitutional Conservative.

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    Quote Originally Posted by Brat View Post
    Do they? I remember when they weren't interested until the withdrawal exceeded 10 grand.
    It seems like every new outrage just eventually becomes normalized and passť, a decade or two later. Then they use what already exists as a precedent to ratchet up the restrictions.

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    related thread some of you may be interested in, and very much relates to how government can misuse information to commit abuse:
    IRS Threatens Prison For Depositing Cash In "Wrong" Amounts

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    Quote Originally Posted by Physics Hunter View Post
    I got asked what my vocation was the last time I took out 2K to buy a used dirt bike. The Tell.
    Did you tell her 'Bum' and you lived under a bridge?
    Humble yourself, for there is an enormous change coming.

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    Quote Originally Posted by Old Ridge Runner View Post
    Did you tell her 'Bum' and you lived under a bridge?
    Just CEO.
    Scientist, Evangelical Christian - reformed, father, entrepreneur, hunter, outdoorsman, motorcyclist, Constitutional Conservative.

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