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QUESTION: Under Obamacare, can the IRS really have access to our bank accounts?
October 6, 2013 | MrChips

Posted on 10/06/2013 9:19:08 AM PDT by MrChips

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To: Navy Patriot

open up an account with bank of America, they allow illegals to open up one..


21 posted on 10/06/2013 9:49:46 AM PDT by max americana (fired liberals in our company after the election, & laughed while they cried (true story))
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To: MrChips

The IRS has access to your bank account if you have ever e-filed your return.


22 posted on 10/06/2013 9:50:07 AM PDT by arthurus (Read Hazlitt's Economics In One Lesson ONLINEhttp://steshaw.org/economics-in-one-lesson/)
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To: Travis McGee
They wont say it quite so blatantly at first, but later...
At first it will be,"I'm sorry, that's beyond what medical science can do" (ruptured appendix).

Wait until the EPA proclaims that euthanasia is required in certain circumstances to protect the environment. You think that might be absurd? We are going way beyond that, probably in my lifetime and I am not young.

23 posted on 10/06/2013 9:54:53 AM PDT by arthurus (Read Hazlitt's Economics In One Lesson ONLINEhttp://steshaw.org/economics-in-one-lesson/)
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To: MrChips

Question.

Does IRS have access to pension plans and can it place a lien on or confiscate them?

If that’s the case,it might be a good idea to go to a self directed plan with bullion PMs. IRS is out of control and they will only get worse. If pension plans are to be confiscated, it might just be via the IRS under some bogus violation.


24 posted on 10/06/2013 9:57:21 AM PDT by grumpygresh (Democrats delenda est. New US economy: Fascism on top, Socialism on the bottom.)
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To: An.American.Expatriate; Dilbert San Diego

Maybe that didn’t apply in the 1960s. I can assure you that the letter from the bank saying that the IRS had removed funds was a complete surprise!


25 posted on 10/06/2013 9:59:04 AM PDT by BunnySlippers (I LOVE BULL MARKETS . . .)
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To: Navy Patriot
The only way the government does not have access to your bank accounts is if you don’t have bank accounts.

In a nutshell.

I only use a debit card and keep in that account just what I need for the usual bills...in other words, what I know I will need. All other cash is kept elsewhere. Stay under the radar as long and as much possible.

FMCDH(BITS)

26 posted on 10/06/2013 10:08:45 AM PDT by nothingnew (I fear for my Republic due to marxist influence in our government. Open eyes/see)
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To: Navy Patriot

“The only way the government does not have access to your bank accounts is if you don’t have bank accounts.”

Only your US bank accounts. There is a lesson there.


27 posted on 10/06/2013 10:16:04 AM PDT by aMorePerfectUnion (I grew up in America. I now live in the United States..)
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To: Dilbert San Diego

What about IRS access, liens, and confiscation of private pension plans?


28 posted on 10/06/2013 10:25:11 AM PDT by grumpygresh (Democrats delenda est. New US economy: Fascism on top, Socialism on the bottom.)
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To: aMorePerfectUnion
Only your US bank accounts. There is a lesson there.

No longer true.

The US will no longer allow a foreign bank to operate branches in the US or NAFTA nations unless they rat out US depositors and comply with US seizures.

Further, the US has offered to kidnap and prosecute foreign national bankers who travel outside their own countries.

But don't despair, this will backfire big time fairly soon.

29 posted on 10/06/2013 10:31:13 AM PDT by Navy Patriot (Join the Democrats, it's not Fascism when WE do it, and the Constitution and law mean what WE say.)
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To: MrChips

I find it ironic that the people that support Øbamacare are some of the most vocal critics of No Such Agency violations of privacy, but think nothing of handing over all sorts of information, including their medical records to the government. They might as well open of their lives to the NSA and get over it.

The Repubs should use that paranoia of government privacy violations (a right concern for us all) against the libs that support Øbamacare, and hammer it home.


30 posted on 10/06/2013 10:45:22 AM PDT by AFreeBird
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To: Dallas59

A winner!!


31 posted on 10/06/2013 10:58:58 AM PDT by Sacajaweau
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To: Navy Patriot

“No longer true.

ABSOLUTELY TRUE. You can and should establish a bank account OVERSEAS, in another legal jurisdiction that requires due process. Here, your money can be seized by fiat.

“The US will no longer allow a foreign bank to operate branches in the US or NAFTA nations unless they rat out US depositors and comply with US seizures.”

They cannot circumvent the legal process in another country. You especially do not want a bank that has any branch here. You must comply with FATCA and report your accounts. There are no secrets.

Make it hard. Keep your money in more than one legal jurisdiction outside the US. Your IRA. Your non-qualified brokerage account.

It makes it very difficult for attorneys also.


32 posted on 10/06/2013 10:59:15 AM PDT by aMorePerfectUnion (I grew up in America. I now live in the United States..)
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To: MrChips

Don’t have a lot of trust in any banks. Problem is that if your receive SS or Gov Pension, they are auto-deposit and a hold can be put on all future deposits until you break. BTW, changing banks and thinking that you can just fill out paperwork to have those funds deposited to your new bank not only won’t work (for very long anyway), but you might be staring at a FRAUD charge.
Now, if you don’t have that situation of Auto-Deposit, you may want to consider the “Bank of PayPal”


33 posted on 10/06/2013 11:09:35 AM PDT by Chance Hart
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To: aMorePerfectUnion
Yes, you are correct regarding foreign due process should the foreign bank insist upon it, but those bank officers are currently at risk.

Also, even in full compliance, expect your passport not to work if the IRS wants your money.

34 posted on 10/06/2013 11:15:06 AM PDT by Navy Patriot (Join the Democrats, it's not Fascism when WE do it, and the Constitution and law mean what WE say.)
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To: Navy Patriot

“Also, even in full compliance, expect your passport not to work if the IRS wants your money.”

One good reason to have more than one passport. There are many others.


35 posted on 10/06/2013 12:03:54 PM PDT by aMorePerfectUnion (I grew up in America. I now live in the United States..)
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To: MrChips

They do already and have for sometime now.


36 posted on 10/06/2013 12:06:04 PM PDT by HANG THE EXPENSE (Life's tough.It's tougher when you're stupid.)
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To: BunnySlippers
I have read down to here and there is no doubt that you are right. But we elected the bunch of crooks that are now in charge of our fate. Worse yet, the crooks hired more crooks to work for them. There has to be an end, but I don't see it yet.
37 posted on 10/06/2013 7:14:06 PM PDT by ANGGAPO (Layte Gulf Beach Club)
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To: Clintons Are White Trash

According to how the law is written, the obamacare penalties cannot be paid through Lien and seizure, like a regular IRS tax debt. It can only be collected from tax owed you. That’s how it’s written any way. Someone posted that earlier and quoted the law.

Love your tag line, By the way, LOL!


38 posted on 10/07/2013 8:49:52 AM PDT by MaFreedom (Once more unto the breach!)
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To: Gen.Blather

The ACA law says the obamacare penalty cannot be seized, but they will send you letters and may withhold from a refund.

KNOW YOUR RIGHTS!


39 posted on 10/07/2013 8:49:52 AM PDT by MaFreedom (Once more unto the breach!)
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To: MaFreedom

The thing is, is there anything in the law preventing them from paying your fines out of your payroll taxes first, and then raiding your account for taxes owed, kind of like the old bank overdraft scam where they would cash the largest check first to maximize fees.


40 posted on 10/07/2013 9:12:58 AM PDT by Eepsy
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