A bill named H.R. 22, which passed the House and Senate, is looking to stop your overseas travel if you owe Uncle Sam a tax debt. The language used in the title is “Revocation or Denial of Passport in Case of Certain Tax Delinquencies.” No word on who decides what “certain tax delinquencies” will be but we can assume the “most transparent administration in history” will not keep us in the dark for long.
There is the possibility of this growing more popular with lawmakers because it makes it easier to extend their reach into American’s bank accounts both here and abroad.
Surprisingly, the targets of the bill are not criminals, tax evaders or people who are suspected of fleeing a tax debt. The targets are regular Americans. Small Business owner, retirees, entrepreneurs, anyone who isn’t working a 9-5 job is a target for this bill.
Your passport can be confiscated simply because you owe upwards of $50,000 and the IRS files a lien against you.
According to Forbes:
A $50,000 tax debt is easy to amass today, especially considering interest and penalties. Moreover, the IRS files tax liens routinely. It’s the IRS way of putting creditors on notice so the IRS eventually gets paid. In that sense, the you-can’t-travel idea seems extreme. IRS tax liens cover all your property, even acquired after the lien is filed. The courts use liens to establish priority in bankruptcy proceedings and real estate sales. The IRS can file a Notice of Federal Tax Lien after:
- IRS assesses the liability;
- IRS sends a Notice and Demand for Payment saying how much you owe; and
- You fail to fully pay within 10 days.
The grotesque overreach of Congress shoving their hands into our pockets should not pass Constitutional muster. Why is the Republican congress so eager to empower the Democrat dominated IRS who targeted so many of their constituents? Their job was to challenge these Imperial demands.
Many Americans are facing challenges from the Foreign Account Tax Compliance Act. It seems Washington D.C., with it’s richest counties in the U.S.A. as neighbors, doesn’t think they are getting their fair share.