BIG BROTHER Is Watching You and His name is IRS
Spying on the public has risen to new heights. We have
GPS tracking systems that make it possible for anyone to
be located anywhere on the planet. We have RFID’s (Radio
Frequency Identifiers) which are small radio transmitters
that allow smart cards and smart chips to broadcast information
to a particular type of reader. I July Wal-Mart started using this
technology in its stores.
But as scary as this technology is nothing is more frightening
than a technology that forces individuals to spy on each other.
The IRS has been a major pioneer in this technology and today
it is more pervasive than ever before.
So what is this technology?
It is called information returns. You may have heard of
1098’s, 1099’s, I9’s a W2’s and K1’s. These are all called
information reforms that someone fills out and then sends
to the IRS.
These are forms designed primarily to get others that you
do business with to report to the IRS any money you may
have earned. There are fines and penalties that can be imposed
on individuals and businesses for failing to file them.
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