In case it’s blowing by you, the IRS now wants to know what you spend as you spend it. Figure in a few years cash will be a “loophole” that needs closing? Maybe that’s paranoid. Or maybe not: after all, Life take Visa (and other abominations).
Recommended by the Bush administration, payment-card reporting would require banks and other providers of merchant account services to report credit- and debit-card payments to the IRS. All credit-card sales essentially would be pre-audited, with detailed sales information given to the government.
(Phil Kerpen, Payment-Card Reporting on NRO Financial)
Great. Just great. Maybe Big Brother will take away all those annoying decisions like where to spend “my” money and on what items or causes.
Did your paranoia have to wake mine up, too?
yeah, despite the allusive header, I don’t actually have any confidence we should draw straight and obvious lines from here to prophetic endings, but….how can it not be bad to have this kind of multiplied and compounded entanglement of individuals with corporations and governments, with less and less freedom to “just walk away” from corporatism, and more and more “choices” to bewilder and entrap us?
How could it *not* be bad?