IRS, Federal Government, George discussed on Coast to Coast AM with George Noory
While we're watching the clock here. Daniel let's go to David Virginia Beach Virginia. Hi, david. Go ahead. Good evening, gentlemen. Is there an angle it seems to me that the confiscating wages from just by the fact that we did up in the morning. Have the incentive to go trying to earn a wage the food and because on backs and and carry on a license? There's a thing called the thirteenth amendment. I don't see how they get away with it. I can see the the use tax. I buy down a daft, but my car and coal money out for for vaguely cares. And in maintenance and that, but I don't see how they get away with taking money from our paychecks. Well, well, the the answer is you put your you. Put your finger on the economic problem with the income tax the income tax taxes, the engine of economic growth, which is which is in common productivity, and and and and economic activity. You can't have sustained economic growth when you're taxing the engine that creates that growth. So from an economic standpoint, it's flawed policy to be taxing income. It's flawed policy to be taxing production. You should be taxing consumption instead. And that's why I much in favor of a national retail sales tax over an income tax. The fact of the matter is the founding fathers never intended the government to be funded. Through an income tax. They intended the government to be funded through excise taxes, which are retail sales tax is an excise tax. And that's how they intended to do it for a lot of reasons. Chiefly they never wanted the federal government to have its hands directly in the pockets of American citizens. And that's the advantage that an income tax has for the government. Now, the federal government has a claim to look at to look at the books and records and financial activities of every citizen without respect to whether there's any suspicion of any wrongdoing. The IRS doesn't have to allege that there's any criminal activity to conduct an audit against people. They just have to that end. We even need a reason they can arbitrarily decide that they wanna look at your records. Just because they want to look at your records, which is something the founders never intended the veteran federal government to be able to do interesting. They've got new spyware don't they? Absolutely. In fact, in fact, the the IRS has got got literally trillions of bits of information that is flowing in. To the agency every year, George just for example, this tax season. There's going to be about three point six billion information returns, we're talking about W twos and ten eighty nine. Filed with the IRS the IRS also has access to of course, as a hundred and fifty two million individual income tax returns another hundred million business tax returns several million more miscellaneous tax returns like trust returns. And and a state returns, those types of things how does the IRS assembly all of this data and put it into usable form. Well, they've contracted with a company out in California. To build a software program. It's called the company is called up Pailin tier technologies and think pay pal who that's who Pailin tier is. It's a big data company the IRS has contract with and we'll pay over one hundred million about one hundred million dollars to build this computer program, George that will allow the IRS to assimilate all this data into a system that will give them the power to search it analyze it visualize data interact with a wide variety of data sets. So that users are going to be able to leverage that information to perform advanced analytics such as linking data together. Detecting patterns doing statistical analysis even behavioral analysis, George from the data patterns that they get into simple nation. And so the IRS is going to be using massive amounts of data.