Of necessity, trust must flow both ways. If one does not trust another, the other cannot rely on the one even to behave in a predictable manner toward that other, much less be trustworthy in turn.
The IRS has begun pushing 501(c)(3) nonprofits—the sort of nonprofits that the IRS has been caught targeting punitively conservative versions of—to give up the social security numbers of their donors.
Under the proposed rule, the IRS would create an optional filing for 501(c)(3) nonprofits. Those participating would, as part of their yearly report, turn over the Social Security numbers of any donors who give $250 or more to a charity in a given year.
The IRS’ claimed rationale for this is to simplify the ability of donors to claim the deductions on their tax returns by allowing the IRS to “verify” donors’ claims on their returns.
No. Since the IRS cannot be trusted by American taxpayers, it’s in no position to worry about the trustworthiness of an American taxpayer. There is no legitimate rationale for this “voluntary” reporting.
Further, for those who think this “optional” form of reporting will remain voluntary, I may know of some beachfront property north of Santa Fe in which you might also be interested.