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Breaking: Government Wants To Spy On Your Credit Cards

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posted on Jun, 23 2008 @ 06:33 AM
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Breaking: Government Wants To Spy On Your Credit Cards


online.wsj.com

As part of a Senate housing bill, top tax writers are proposing a new requirement for credit-card processors to provide information about businesses' credit-card sales to the IRS. They say the additional information would reduce underreporting of income by businesses by providing the IRS with an additional source of information. It also would allow the government to identify possible cases of underreporting when determining who to audit.
(visit the link for the full news article)




posted on Jun, 23 2008 @ 06:33 AM
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The answer to all problems seems to be the elimination of ALL individual privacy....

online.wsj.com
(visit the link for the full news article)



 
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