Give Us Your Money

It’s no secret that the United States is broke off its ass and whenever a government is broke is turns to taxpayers to make up the difference. Personally when I’m unable to pay for something I just don’t buy it but when the state is unable to pay for something they use existing laws and enact new ones to increase the amount of money they steal from the populace. As you read this article the Internal Revenue Service (revenuers) and the Department of Justice (DoJ) are expanding their power to forcefully take more money:


The United States authorities have offered to lift the threat of legal action against 11 Swiss banks in exchange for information, a Swiss paper reported on Sunday.

The one thing I will say about Swiss banks is that they respect your privacy. Instead of spilling the beans about account holders they tell those curious about their customers where to stick it before saying something offensive in German and booting the nosey individual out on their ass. Unfortunately the United States government doesn’t have the same respect and have been trying to get Swiss banks to unveil customer lists for ages. Now the DoJ is making an outright threat; surrender your customer information or we’re taking your asses to court.

Obviously the revenuers don’t want to be outdone at their own game and have stepped up their game as well:


A federal district court judge has given the Internal Revenue Service permission to serve a “John Doe” summons on the California State Board of Equalization demanding the names of residents who transferred property to their children or grandchildren for little or no money, from 2005 to 2010.

The IRS has used John Doe summons to seek lists of American taxpayers unreported offshore accounts at Swiss Bank UBS and at HSBC’s bank in India.

I’m going to let the DoJ and revenuers in on a little secret, you’re not going to find enough concealed wealth or missing tax dollars to make up for the massive deficit. What the government is doing now is equivalent to searching couch cushions for spare change. When you’re trying to pay of a $50,000 student loan there isn’t going to be enough change in your couch to even begin touching the interest payment. The only option our government currently has is to reduce their spending, a strategy they are fighting tooth and nail against. I wonder how long it will be before the revenuers start auditing everybody in the United States.