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- Newsgroups: ne.politics
- Path: sparky!uunet!think.com!linus!linus.mitre.org!lrheaume.mitre.org!user
- From: ljr@mitre.org (Luke J. Rheaume)
- Subject: Re: Massachusetts wants to seize your bank account info.
- Message-ID: <ljr-201192105440@lrheaume.mitre.org>
- Followup-To: ne.politics,ne.general,alt.privacy,misc.legal,alt.dads-rights,alt-child-support,alt.society.civil-liberty
- Sender: news@linus.mitre.org (News Service)
- Nntp-Posting-Host: lrheaume.mitre.org
- Organization: The MITRE Corporation - Bedford, MA
- References: <1992Nov20.134845.13539@linus.mitre.org>
- Distribution: usa
- Date: Fri, 20 Nov 1992 16:00:13 GMT
- Lines: 32
-
- In article <1992Nov20.134845.13539@linus.mitre.org>,
- ptrei@bistromath.mitre.org (Peter Trei) wrote:
- >
- > Sorry for the scattershot crosspost, but this seems relevant to
- > all the groups listed.
- >
- > According to WBUR, one of the Boston NPR radio stations, the
- > Massachusetts Department of Revenue is trying to get legislation
- > passed which would require all Massachusetts banks to turn over to the
- > Department (presumably on a regular basis) the following information
- > for EVERY BANK ACCOUNT in the state:
- >
- > Owner's name.
- > Owner's address.
- > Owner's social security number.
- > Account number.
- > Balance.
- >
-
- They already get the Name, Address, SSN, and interest amount on their copy
- of your 1099INT (if not directly, then through the federal IRS). It
- doesn't take much to calculate back what your balance might be (ball park
- anyway) from that sort of information.
-
- If your looking to hide money, a bank is a poor place to try to hide it,
- and in general a poor investment - but it is safe.
-
- Standard Disclaimer Applies
- Luke J. Rheaume, Member of the Technical Staff
- The MITRE Corporation, Strategic Surveillance Systems
- 202 Burlington Rd., MS M322
- Bedford, MA 01730-1420
-