Tag Archives: Social Security

ActivistPost – Jeff Berwick – Social Security, Treasury Stealing Every Last Penny From Americans – 15 April 2014

Logo_activistpost-comAll of a sudden the government lays claims to your savings. They can’t prove you owe them a dime, but you’re deprived due process. The legal bills become overwhelming, and so you let your money be stolen. You simply have no choice.

Sound outlandish? It’s not. Not in the “Land of the Free” at least.

For example, the US government began intercepting Mary Grice’s tax refunds without any warning this tax season. Grice was unaware of the situation until she got a letter stating that her refund had gone to satisfy old debt to the government. Very old debt…In fact, debt she didn’t even know about.

Read the full story at: www.activistpost.com / link to original article

Social Security, Treasury Target Americans For Their Parents’ Old Debts – 12 April 2014

RT logoMany Americans expecting to see their tax refunds in their bank accounts soon are waking up to a very different scenario: the government actively intercepting their checks in order to pay back debts they’re not responsible for.

According to a new report in the Washington Post, the federal government is seizing nearly $2 billion from hundreds of thousands of taxpayers this year in order to settle debts, some incurred by their parents, some dating back to more than a decade.

This process has been ongoing since 2011, when a revision in the farm bill passed by Congress removed the 10-tear statute of limitations on debts owed to the United States. Since that bill was passed, the government has collected $424 million on debts older than a decade. This year, however, has seen the Social Security Administration (SSA) alone claim that 400,000 Americans owe a total of $714 million in debts older than 10 years.

Read the full story at: www.rt.com / link to original article