I wonder how long until the IRS Does this ?

[GURPS (Premo)]

Tax hitmen to track your spending

Up to two million people are to have their credit files secretly checked under a crackdown on tax evasion to be unveiled by George Osborne to help raise another £10 billion.

Credit reference agencies will cross-check details of the income people declare on their tax returns against their spending patterns to identify “high” and “medium” risks of both illegal and legal tax avoidance.

People identified to HM Revenue and Customs will then be subject to more detailed investigations. About two million people are expected to be scrutinised under the programme, which may lead to privacy concerns.

HMRC will today unveil the “successful” results of a pilot programme involving about 20,000 people which will now be extended nationally.

Many of those who are expected to be identified are likely to be self-employed workers who have under-declared their income to the authorities.

However, those who have benefited from secret windfalls – such as an inheritance or a bonus – and people with secret offshore accounts could also be highlighted.

[MadDogMarine]

I wonder how long until the IRS Does this ?

Ah come on! Wake Up!
They have been doing this for years.
IRS to Track Credit and Debit Card Purchases More Closely

I for one am convinced they have been monitoring it for years and later get a law passed to make their previous illegal acts now legal. Do you really think the IRS complies with existing laws. Only for a time when they get caught and then they call it "mission creep".
New reporting to IRS of credit card transactions - Don't Mess With Taxes

[struggler44]

I think I am going to claim 6 exemptions this year and just pay taxes at the end of the year, F the Govt

[bcp (Premo)]

Originally Posted by struggler44

I think I am going to claim 6 exemptions this year and just pay taxes at the end of the year, F the Govt

be careful, if you owe too much you can be subject to a fine.
If the government owes you too much you can be subject to a fine.

[struggler44]

Originally Posted by bcp

be careful, if you owe too much you can be subject to a fine.
If the government owes you too much you can be subject to a fine.

What's the magic number before you get fined? I know they ask if you are legally able to claim xxx exemptions, who's to say

[bcp (Premo)]

Originally Posted by struggler44

What's the magic number before you get fined? I know they ask if you are legally able to claim xxx exemptions, who's to say

Not sure exactly what the number is. I just know from experience that its there.