Category: tax gap

Road Pricing Technology Could Mean an ‘End to Privacy’ for UK Motorists

May 16, 2022
Business & Economycongestioncongestion pricingeconomic policiesElectric Vehiclestax gapUKWorld
0 Comment

The Alliance of British Drivers has criticised plans for road pricing—based on “spy in the dashboard” technology—as the “end of privacy” for motorists. In February road pricing—charging motorists for every mile they drive—was put forward by a committee of MPs as a solution to the £35 billion ($43 billion) tax gap that will be created…

Read More

Democrats ‘Reach Agreement’ to Raise $600 Cap on Biden’s Proposal on IRS Reporting and Surveillance

September 27, 2021
Business & EconomyDemocratsEconomieseconomyExecutive BranchInternal Revenue Servicemoney launderingpersonal dataPolicyPoliticstax gapUSUS News
0 Comment

Democrats have said they plan to raise the threshold of President Joe Biden’s radical proposal that all bank transactions of more than $600 be reported to the Internal Revenue Service (IRS). The initial proposal (pdf)—which Biden says is aimed at curbing tax evasion—would require banks and other financial institutions to report to the IRS any deposits or withdrawals totaling…

Read More

GOP Senators Introduce Bill to Block Biden’s ‘Weaponization’ of IRS Bank Account Surveillance

September 24, 2021
congressIRSPoliticstax gapUnited StatesUS
0 Comment

President Joe Biden’s proposal for a radical expansion of IRS monitoring of Americans’  bank accounts would be stopped in its tracks under a proposal introduced by two Senate Republicans concerned about protecting privacy rights. “What they’ve done is, they are weaponizing the IRS, they’re pushing many, many billions of dollars into that and they will…

Read More