Court Authorizes Service of John Doe Summons Seeking Identities of U.S. Taxpayers Who Have Used Cryptocurrency

justice.gov ^ | May 5, 2021 | Department of Justice Office of Public Affairs

[aMorePerfectUnion]

“ that the IRS has reasonable basis to believe

Yes, I noticed the “reasonable basis” the FBI had when they went to Alaska looking forward pelosi’s laptop.

[T.B. Yoits]

won’t people just go to foreign based exchanges which might not share their data with the IRS?

People will but still have the issue of reporting any dollars when they want to use the money in the U.S. (overseas purchases kept overseas are harder for the IRS to identify).

The smarter and more capable individuals will follows those that set up overseas corporations. The really smart ones will set up scam foundations like the Clinton Foundation or the Gates Foundations and have overseas "donations" to their foundations.

The IRS is not going after these people for taxes, they're going after these people because the Globalists don't welcome cryptocurrency users to the game that these Globalists have been running for decades.

[bitt]

p

[faithhopecharity]

NO, not according to the Constitution.
The exception (which itself is not constitutional) swallows the (constitutional) rule.
Whatever some court decision(s) have said, the absurdity of such rulings would certainly have been apparent to our Founders, had they ever imagined them in their worst nightmares.

But alas, some things (and court rulings) are so outlandish that nobody can possibly forsee them happening anywhere (other than a communist or nazi dictatorship, or perhaps in a lunatic asylum — and our Founders intended none of these for our national republic).

So far as I can recall on quick memory, the Supreme Court has watered down, undermined, or effectively destroyed much of the 1st, 2nd, 4th, 7th, 8th, 9th, 10th amendments in our Bill of Rights. Judgement calls in some cases, in others pure authoritarian diktat. The result is one constitutional law professor we know quit teaching the subject because she grew weary of always having to explain to students how the court has destoryed or cancelled or undermined or just plain weakened so many of our liberties, even though they were fought for in blood and still exist on paper (anyway).

We are as close to a dictatorship as is possible, and it will only take a few EO’s or Acts of Congress to fully (and probably permanently) nail that coffin shut on our country.

[Alberta's Child]

Read the fine print of every transaction you've ever executed -- credit card purchases, loan applications, mobile phone contracts, etc.

You'd be surprised how much of "your" information you voluntarily give away to others on a regular basis.

[faithhopecharity]

good argument. i would only add that adhesion contracts are invalid (per contract law and.. yes, COURT rulings, ha!)

[sten]

all bandits are interested in all sources of wealth.

for govts, they just have to find a way to justify taking some of it

the only access the US govt has to any wealth is rooted in the 16th Amendment... which is basically written as if by a drunken sailor looking to grab any and all they can find.

the fact that it completely jumped around the states and went directly to the individual is irrelevant to the drunken sailor. prior the the 16th, the fed received its money from the states... giving them a level of power to negotiate with the feds. going directly to the citizen negates that ability.