IRS Pushes for New Reporting at Expense of Privacy

angelheaded writes "Brian Krebs from the Washington Post is reporting that the Bush administration is proposing a new tax collection program that would force credit card companies to report merchants' income to the Internal Revenue Service. The plan has come under fire from privacy groups, who say it will create another private sector database tied to Social Security numbers at a time when ID theft experts are urging companies to wean themselves from the use and collection of such information."

Comments

Meanwhile...

[LockeOnLogic]

Corporations commit egregious tax and accounting fraud and little to nothing happens. Once again the big thieves hang the little thieves...

proof that Congress are chickenshits

[EllynGeek]

and that Americans are weenies. The Bush adminstration has been wiping its collective behind with the Constitution and the Bill of Rights since the day Dubya took office. They stole two elections. The economy is in the toilet, our servicepeople are dying uselessly, and yet this little asshole keeps his job. Thanks. Thanks a lot.