CDT Highlights Privacy and Security Impact of Tax Reporting Plan - Via Center for Democracy and Technology:
In testimony before the House Small Business Committee today, CDT expressed concern about the impact on privacy and data security of a proposal that would require banks to track credit card payments, and report the data to the Internal Revenue Service for tax enforcement purposes. CDT explained that the proposal would require increased private sector tracking of Social Security numbers of individual businesspeople; such tracking could lead to additional data collection from small businesses and others, and would set a dangerous precedent.
(Read Original Article - Via Center for Democracy and Technology.)