Posted on 11/21/2015 11:25:19 AM PST by SeekAndFind
When you owe the IRS tens of thousands of dollars in past-due taxes, you can expect to owe big penalties and interest.
And soon you could even lose your U.S. passport.
Lawmakers are in the final stages of negotiation over a bill to provide funding for U.S. highways and transit programs. One provision in it would let the federal government revoke, deny or limit a U.S. citizen's passport if the person owes more than $50,000 in "seriously delinquent tax debt," including penalties and interest.
It would only apply to those people whom the IRS has filed a lien or levy against and who have not yet worked out a repayment plan to satisfy the debt. An exception could be made for anyone who is actively disputing their case or who needs to travel for emergency or humanitarian purposes.
Should the provision pass next month, it would go into effect on Jan. 1, 2016.
ou may wonder what past-due taxes and passports have to do with funding transportation infrastructure. The answer is pretty much nothing, except that the measure is estimated to raise nearly $400 million over a decade. And that can defray some of the bill's cost since lawmakers decided, among other things, not to raise the federal gas tax.
"This is going to have an extraordinary impact [in terms of getting people to pay up]," said Los Angeles-based tax lawyer Dennis Brager, a former IRS trial attorney who thinks the measure is too draconian.
For starters, Brager said, it's not that hard to owe $50,000 because penalties and interest can add up very quickly.
(Excerpt) Read more at money.cnn.com ...
Ah yes, the Marc Rich pardon, given by Clinton in literally the final hours of the Clinton presidency.
Wow they are cozy in this pic. Given Clinton’s history, I can’t help but wonder what he was getting out of this. And remember she was the ex-wife at that point.
Not that I agree with this, but, the federal government does this sort of linkage of issues in other areas.
States were compelled to raise their drinking age to 21, in order not to lose federal highway funding.
States and localities are compelled to comply with many regulations in education, otherwise lose federal aid to education. The school lunch program is another area in which they are compelled to follow the standards otherwise lose federal funding.
Years ago, I worked in a college business office, and we administered financial aid. A decree came down that male students had to provide evidence of having registered for the draft, in order to receive their student loans. Not sure if that is still enforced, but, is another example of the power of the federal government forcing compliance with their edicts.
Yes. The Department of Justice obstructed justice in the Lerner matter.
They, too, are a crowd of felons.
Yes. The Department of Justice obstructed justice in the Lerner matter.
They, too, are a crowd of felons.
Well if you owe 50 thousand in taxes, I doubt highly you are taking a vacation anytime soon. This is just a non story.
On the other hand, if you serve in a foreign military, you should lose your passport, but Obama never enforces that.
Yeah, they have "threat commercials" now on talk radio about how they "gonna eff up you life" if you don't register.
Fortunately for Obama, he was a foreign student, and didn't have to bother with signing up for the draft - until he had to pretend he wasn't an Indonesian Muslim, but an American Christian.
They had to scramble, but the Donks knew a guy...
Ah, this is congress considering this.
“Lawmakers are in the final stages of negotiation over a bill to provide funding for U.S. highways and transit programs”
LOL!
The Wild and Free Pigs of the Okefenokee Swamp
http://www.stentorian.com/politics/freepigs.html
Doan worry, there, little piggy, doan worry.
It's jest 'nuther slat in the fence.
Here, eat yer free corn, little piggy. Ye'll alwuss be free... :)
They can buy a new one on DarkNet for $2000.
They could use the something billion “lost” in Hillary’s state department or the 200 billion allocated for shovel ready jobs...where did that go?
They already are able to do this for child support back balances over a certain amount.
Wait till they start in with the Obamacare “fines”.
You have to wonder what this would do to the Americans who live overseas and owe the IRS money.
Let me tell you a story.
Chickensoup had a real estate transaction
Because of that type of transaction chickensouop had an accountant do it.
The computers at the IRS did not pick up the full transaction and billed chickensoup for 200,000. after picking chickensouop up off the floor accountant contacted IRS, three times over the course of a year and a half before the error was rectified and chickensoup then received a letter saying, chickensoup, you owe zero.
Under this new law, the IRS would have banned chickensoup from traveling or overseas funerals and everything else a passport is good for. Because they made a mistake.
The IRS is turning into the primary punishment and enforcer in our country similar to other leftist, organizations in other un-free countries.
I would fight this one tooth and nail.
At least here in Washington state, aka femininazi utopia, if a guy was behind on his child support they would yank his passport.
That has been going on for many years, even if his business required him to travel overseas in order to earn the money to pay the child support.
Only because we allow such to happen - because too many Americans are afraid to put cross-hairs on the target, and do what needs to be done about those who betray the sworn oath they took to the U.S. Constitution.
In the DC area....there are several thousand individuals who work for the government (either GS or contractor) who are in the over-$50k-debt situation with IRS. They take vacations and travel extensively.
What you have are a number of people who’ve hit the big-time because of contacts or friends or non-bid contracts with bribes attached. These are people who went suddenly from $50,000 a year in salary to $120k in salary or now pull in several million a year in sales income. They didn’t talk to an accountant in the early stages or set aside money to pay IRS.
I personally worked with some guy who had no real tax issues but his wife suddenly got into the ‘clouds’ business and went from a $70k a year job to roughly $250k a year as an adviser. He woke up eighteen months later and suddenly realized that he had to go and find another $100,000 out of thin air to cover IRS and Virginia state taxes.
I worked with another guy who was in big with his church and donated $30,000 regularly to the church....for well over a decade. IRS came calling and wanted absolute proof of the donations. He could cite paper receipts for three years but nothing past that point. They eventually reached some court action and he had to come up with roughly $70,000 out of thin air. This guy wasn’t broke, and his wife had a very stable nursing income on top of his paycheck....but it’s not that simple to find that much cash laying around while refusing to touch your 401k as the normal way of fixing the problem.
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