May 19, 2013
The Stasi IRS?
It's often been said the Internal Revenue Service is the most feared bureaucracy in the United States. Little wonder. As the agency openly proclaims on their own website, concerning what actions they might take if your taxes are unpaid: We could seize and sell property that you hold (such as your car, boat, or house), or we could levy property that is yours but is held by someone else (such as your wages, retirement accounts, dividends, bank accounts, licenses, rental income, accounts receivables, the cash loan value of your life insurance, or commissions). You could even wind up in jail like Al Capone, who found that not paying taxes brought down more wrath and judgment from the government than murder. But recent events have given Americans even more reason for fear. Deep in the subterranean bowels of the IRS, there are electronic folders full of deeply personal, private information about nearly every American and every tax exempt organization. We now know this treasure trove of...(Read Full Article)