A few months ago, I
told you about a bold report published within the IRS that absolutely blasted
the agency’s mafia tactics.
In its 2013 annual report to Congress, the Office of the Taxpayer
Advocate wrote that the IRS shows “disrespect for the law and a disregard for
taxpayer rights.”
Further, the report says that the current system “disproportionately burdens
those who [make] honest mistakes,” and that “tax requirements have become so
confusing and the compliance burden so great that taxpayers are giving up their
U.S. citizenship in record numbers.”
We all know the stories. The IRS has nearly infinite power to do whatever it
wants, including freezing you out of your own bank account without so much as a
phone call, let alone due process.
In the Land of the Free, people think they’re innocent until proven
guilty. This is total BS. If you are only suspected of wrongdoing, you
can be locked out of your entire savings.
This is an incredible amount of authority to wield.
But the British government has just gone even further.
Buried in its most recent budget package is a curt little paragraph that
reads “The Government will modernise and strengthen [the tax
agency's] debt collection powers to recover financial assets from the bank
accounts of debtors who owe over £1,000 of tax.”
Read that one more time just to let it sink in.
The British government is setting an absurdly low threshold at
£1,000… about $1,650 in back taxes.
And they’re saying that if the tax authorities believe you owe even just a
minor tax debt, they will not only FREEZE your assets, they’ll dip into your
bank account and TAKE whatever they want.
Judge, jury, and executioner. They get to decide in
their sole discretion if you owe them money, and they get to take as much as
they want to satisfy the debt.
It’s unbelievable.
I can’t even begin to imagine why any Brit in his/her right mind would
continue to hold a substantial amount of savings in UK banks.
You are practically begging for the government to relieve you of your
hard-earned savings.
Even if you haven’t done anything wrong, and have paid up everything
that you owe, the slightest clerical error could have them plunging their filthy
hands into your account.
These issues are worldwide. Whether you’re in the US, UK, France, Cyprus,
etc., when governments go bankrupt, these are precisely the sorts of tactics
they resort to.
(Click link below to read more)
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About Me

- Judy Chaffee
- This site is the inspiration of a former reporter/photographer for one of New England's largest daily newspapers and for various magazines. The intent is to direct readers to interesting political articles, and we urge you to visit the source sites. Any comments may be noted on site or directed to KarisChaf at gmail.
Saturday, March 22, 2014
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