Ramming Speed.
Stand by for the ram.
Does Obamacare really give the Government authority to access our accounts?
As long as govco has the guns they can take just about anything they want.
The IRS already has the authority to take money from your account. If you don't pay your income tax, the IRS can take it from your account.
Many years ago, I worked for a company during the summer months. I didn't know they had a retirement benefit where they set aside money for the employee. I had no way to know that as it was never mentioned, no one told me. Because they had one, I couldn't claim my IRA account and deduct that amount from income. I got absolutely no benefit from their retirement plan for three months of employment but it restricted me from claiming my IRA contribution.
We didn't know it until we got a letter from the IRS that the company had a retirement plan and I couldn't claim the IRA and they were going to take the income tax owed due to that from our bank account. My husband called them, had a fit, and said we would send a check and don't dare touch our bank account.
So, the IRS can take your money anytime they want.