Does the plan to snoop on bank accounts signal IRS demise? : LUSENET : TimeBomb 2000 (Y2000) : One Thread

If the IRS is truly in a Y2K crunch and a flat tax is implemented, how would the IRS continue its investigation of alleged criminal activity and citizen snooping?

Hey, I got an idea! Lets have the banks establish customer profiles for all depositors. When the depositor activity varies from the profile, simply report the findings to the Feds.

It would seem to me that this proposed monitoring activity would be in some cases redundant to IRS efforts. Could this be a precursor to a flat tax?

-- MVI (, November 24, 1998


I think the IRS is already toast to some degree not yet public. Your theory makes a lot of sense to me.....

-- Overtaxed (too, November 24, 1998.

After Y2K they may find a "simple" flat tax, let's say 10% (a thithe), is about all their manual system can handle. Let "them" live within a budget for a change.


-- Diane J. Squire (, November 24, 1998.

My brother-in-law is an IRS agent and auditor, and they are two years behind on audits. If TSHTF, don't worry about the IRS, they will be so far behind that they won't be able to catch up with anyone.

-- sitting back (, November 24, 1998.

And,...I might add, banks have been reporting arms of the IRS for many years now...A friend had a lien on her income in a county here in California , wind of it and took her money out of the bank...a couple weeks later the bank sent her a letter asking her to redeposit her money, so that the IRS could take what they felt they were owed. Some nerve on the bank's part, I'd say...of course my friend laughed her butt off and said..."uh, sure I will (NOT),...!"

Y2K will be the best thing to happen to US income (excise)tax since its illegal imposition in the early part of the century...

Just my 2 cents...flapping my sheet.....

-- Donna Barthuley (, November 25, 1998.

sitting, they are two years behind on audits ... and every time you move, they get more behind. Ain't technology wunnerful?

-- (, November 25, 1998.

Maybe your friend should consider paying her debts.

-- Believer (, November 25, 1998.

Donna, is it just me, or have you noticed that we never "see" Believer and william casey, jr. at the same time? :-)

-- Gayla Dunbar (, November 25, 1998.

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