But now I’m increasingly worried Obamacare also is creating a playground for hackers and identity thieves – and the rest of us will be the victims.
Simply stated, the results probably won’t be very pretty when you mix together these two items.
1) Typical government incompetence.
2) Massive data collection by government.
I pontificate on these issues in an interview with Neil Cavuto.
To elaborate, the internal revenue code is filled with double taxation of income that is saved and invested. As such the IRS insists on knowing extensive details on our income-producing assets, as well as any capital gains we earn.
Heck, they wouldn’t even need to know about your bank account since there’s no double taxation of interest with real tax reform.
New Time 11:20 AM PT: Get the Market Movements in Advance: William's Edge Webinar for Thursday April 24th, 2014 | John Ransom