Showing posts with label withholding. Show all posts
Showing posts with label withholding. Show all posts

Sunday, April 13, 2014

Uncle Sam Revives Feudal Practice to Collect From Children of Debtors

Holding children responsible for the debt incurred by their parents is a feature of historical feudalism and a few modern third-world sh**holes. ✧ Developed countries, by and large, assume that a debt dies with the person who willingly incurred it, or at least stops with his or her estate. "By and large," I write, because the U.S. government has broken with centuries of tradition holding individuals responsible for their choices, opting to withhold tax refunds from children whose parents incurred vague and often ill-documented obligations to the feds.

Read more at Reason.com

Oh, man! This is going to be hard to fight! --bc Read More......