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Be prepared for the next great transfer of wealth. Buy physical silver and storable food.
Alas, there’s no electronic equivalent of this doormat…
dailyreckoning.com / By Dave Gonigam / 04/12/13
Here are two things you never want to see in the same sentence: “IRS” and “digital tracking technology.”
On Monday, with a week to go before the filing deadline, news began seeping out of the cesspool in the nation’s capital: The IRS would begin checking the Facebook and Twitter pages of taxpayers whose returns throw up red flags.
“Let’s say,” suggested Fox News legal analyst Andrew Napolitano, “you took a trip that you characterized as a business trip and you deducted the cost of the trip from your income — perfectly legitimate if true — and the IRS looked at your Facebook page and saw you dancing with a grass skirt and hula hoop and a hat and drinking whatever.”
Annoying as hell… but not at all surprising. You could make the IRS’ job harder by limiting access to your Facebook posts — friends only. You do that anyway. (You do, right?) Easy.
Then the story took a more sinister turn.
“The new technology,” according to a report at Accounting Web, “resembles the Internet ‘cookies’ that track movements of consumers and target them for advertisements. The IRS assembled a team of experts from the private sector to help develop a system with similar digital tracking.
“But the IRS has an added advantage of being able to access Social Security numbers, credit card transactions and other confidential information that is otherwise protected.”
Thanks to BrotherJohnF
2013-04-12 12:32:53
Source: http://silveristhenew.com/2013/04/12/the-irs-is-following-your-digital-tracks/