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03:59 AM
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Owe IRS Taxes, Lose Your Passport
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[quote:Anonymous Coward 10159519:MV8xNzg5Nzc3XzI5NzU1MDE4X0E2QzRFNTlC] IRS claims I owe the well over a 1.4 million, and I fly all over the world in my private jet. [/quote]
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link to www.forbes.com
]
This is only a proposed law and only for those owing more than $50,000 to the IRS. Another proposal is to make the Thrift Savings Fund accounts federal employees have–currently exempt from IRS levies–fair game. Both proposals are from Sen. Orrin Hatch (R-Utah). See Hatch’s Memo to Reporters & Editors.
The latter suggests people find it especially galling when federal employees owe back taxes. More than 279,000 federal workers and retirees owe more than $3.4 billion in back income taxes. Senator Hatch is not the only one upset because tax delinquents are being paid with federal tax dollars. And the size of the problem seems to be growing.
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