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Keyword: bankindustry

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  • Supreme Court To Decide If IRS Can Secretly Comb Through Bank Records

    04/30/2023 9:16:17 AM PDT · by Enlightened1 · 64 replies
    Forbes ^ | 02/20/23 | Nick Sibilla
    Fresh off a new injection of $45 billion to ramp up its enforcement efforts, the IRS is calling on the U.S. Supreme Court to allow its agents to secretly obtain financial records, without ever notifying the account holders. Although the case, which will be argued in March, centers around an arcane statutory dispute, it will have massive implications for the Fourth Amendment rights of taxpayers nationwide. Now a broad coalition from all across the political spectrum, including the ACLU, the Cato Institute, the Center for Taxpayer Rights, the Institute for Justice, and the U.S. Chamber of Commerce, is urging the...