While people are having a fun time generating things in AI, it is now set to become a super IRS agent charged with tracking down tax evaders and non-compliance.
In the movie Terminator, which was launched in the 1980s, there is an all-powerful artificial intelligence complex known as “Skynet.”
In the movie, this AI ran everything, and sent sentinels to kill anything it didn’t like.
But before it was fully developed, there was a period of time in the Terminator movie series where Skynet was being started by the Government. It wasn’t quite the formidable force that it ended up becoming later in time, but it was still dangerous.
Here’s why I bring this up. Back in real-life, the IRS could be starting its own crude version of Skynet, and leveraging that AI monstrosity on the people.
No, this isn’t science fiction. It’s very real, and it’s part of a “sweeping historic tax enforcement crackdown,” according to an Epoch Times piece:
“The changes will be driven with the help of improved technology as well as Artificial Intelligence that will help IRS compliance teams better detect tax cheating, identify emerging compliance threats and improve case selection tools to avoid burdening taxpayers with needless ‘no-change’ audits.”
That’s right, billions of your tax dollars will pay for this Leviathan of tax collection through Biden’s Inflation Reduction Act (which, by the way, didn’t reduce inflation one bit).
It’s all part of the IRS’s new…
Sweeping Effort to Restore “Fairness”
Every time the U.S. Government (or most any government) tries to downplay any “power grab” it might be trying, they try to dress it up by putting lipstick on the pig.
In this case, the IRS commissioner says their new money-grab is being conducted in the interest of restoring “fairness” (barf!) in tax compliance.
Here is the department’s flowery description of their newest AI-assisted tax grab, from one of their own documents:
[…] a sweeping, historic effort to restore fairness in tax compliance by shifting more attention onto high-income earners, partnerships, large corporations and promoters abusing the nation’s tax laws.
And here is IRS Commissioner Danny Werfel, attempting to explain away any hesitation you might be having, under the noble guise of holding filers accountable:
“This new compliance push makes good on the promise of the Inflation Reduction Act to ensure the IRS holds our wealthiest filers accountable to pay the full amount of what they owe. The years of underfunding that predated the Inflation Reduction Act led to the lowest audit rate of wealthy filers in our history. I am committed to reversing this trend, making sure that new funding will mean more effective compliance efforts on the wealthy, while middle- and low-income filers will continue to see no change in historically low pre-IRA audit rates for years to come.”
Of course, we already know that “fairness” is just another way for the IRS to take more of what you make. Holding filers “accountable” means you, too.
So, as usual, this newest AI technology will probably end up being…
More Like a Tech-Driven IRS Cash Grab!
The tech payday the IRS is getting from the Biden administration probably won’t be limited to building the “beta-version” of a tax-collecting Skynet.
Everything appears to be moving online, where the alphabet agencies can surveil your monetary activities, and all in the interest of providing “world class customer service”:
Despite years of underfunding, the IRS has made meaningful progress on the technology front, offering new digital services like the ability to respond online to notices and submit 1099 forms online. Technology will continue to be improved and updated in the years to come, with the goal of replacing many of its legacy systems in the next five years and achieving the ability to file and process all documents electronically. These modernization efforts will help drive the IRS’s efforts to provide world class customer service.
Isn’t it reassuring to know that while the IRS is robbing your income, you’ll receive top-notch customer service? (I’m being facetious, of course.)
On top of that, like most bureaucracies, the IRS will also be filling some “bullshit jobs” too. Can’t let your tax dollars go to waste, after all.
The Epoch Times piece summarized the new employment “opportunity” that will be funded with your new tax dollars:
While the IRS’ new enforcement plan makes no mention of additional staffing, the $60 billion in extra funding has already bolstered the IRS’ ranks substantially, with hiring up around 13 percent over the past year, hitting a decade-high of nearly 90,000 employees. The IRS has said earlier it plans to hire 20,000 people over the next two years, with around one-third of them earmarked for tax enforcement.
So let’s get this straight: The IRS is leveraging artificial intelligence, targeting higher income individuals, and probably lying through its teeth to grab for more of your income.
With even more foot soldiers to boot!
That means now might be a good time to get ready in case the “IRS Skynet” becomes the privacy-invading menace I’m expecting it to be…
How to Start Preparing Your “IRS Escape” Plan
Living the life of a digital nomad is, hands down, the absolute most fulfilling and free lifestyle there is.
You can live anywhere in the world, and still have an instant “exit plan” in case the government turns tyrannical wherever you might choose to live.
There’s always somewhere safe to live freely, make good money, and keep as much of that money as possible. That includes keeping your money away from the IRS.
The best way to do all of that (and more) is to become a digital nomad.
But the question I get asked the most is: “How do I get started?”
The answer is: You can schedule the first in a series of unlimited 1-hour consultations with me when you become a GWP Insider.
On the very first consultation, you’ll get an insider’s perspective from someone who is actively and successfully living the digital nomad lifestyle…
Prepare your best questions for the first call, and we will:
- Help you find a much safer place to live while keeping your money secure.
- Work together to lower your tax burden and reduce costs (like your cost of living).
- Implement the business and wealth internationalization strategies that make sense for you, offered from an “insider” perspective you won’t find online.
People from all walks of life become GWP Insiders, like:
- A Canadian ecomm entrepreneur living in Portugal making 6-7 figures net. He needs to know where to register his company and how to get out of the Canadian tax system without owing much (or anything) in Portugal.
- A German SaaS company owner living in Thailand.
- A Brit who is nomadic with a digital marketing agency.
- An American with a digital products business living in Mexico.
- People who are escaping an authoritarian central banking system.
But even though my clientele are diverse, they’re all facing similar challenges.
They all want to live safely, use the right business structure, and optimize it for a low-tax multi-jurisdictional approach in different parts of the world (with a high quality of living).
And I’m the one guy they come to for help!
So if want a rock-solid exit plan, where you can exploit every possible tax loophole, all while avoiding the #1 most common business structure mistake (plus others unique to your situation)…
Then you should join us inside GWP Insiders.
Once you join, you’ll immediately get to schedule your first 1-hour consultation with me. This can be used to discuss your banking situation, ideal locations that could help you “get away from it all,” business structure, or even to make professional introductions for your specific needs.
One consultation would normally cost $445 to $4,000 depending on your situation, but GWP Insiders get unlimited consultations at no additional charge.
You’ll also gain access to the private membership area, which includes a variety of business, life, and wealth internationalization strategies that give you shortcuts to success with the following:
- Offshore companies,
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- And so much more.
Once you’re a member, you’ll want to immediately download and read the latest edition of my Offshore Banking Report.
Inside this valuable guide you’ll discover safe places to put your money along with my commentary to guide you, plus a whole lot more:
- The 9 best licensed offshore banks, plus my commentary on each.
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Look, I’ve made joining GWP Insiders and scheduling your first 1-hour consultation with me as easy as taking a walk in the park.
But if you’re still skeptical, let me provide just one example of the potential value that waits for you inside…
This one comes from a recent client case study (I’ve changed their names for privacy purposes of course):
My client, Mike and his wife Sara run a very successful online coaching program. Mike is American and Sara is from New Zealand.
They earn just a bit over $1 million per year in next taxable income. Mike and Sara were paying around $350,000 per year in taxes when they joined GWP Insiders and scheduled their first consultations.
After a few consultation calls, some business restructuring and a bit of creative residency planning, now Mike and Sara pay precisely zero in income tax, all completely legal in the US, New Zealand and their current country of residence.
Of course Mike and Sara had to invest money in addition to the membership program, but let’s just say their net tax savings was several multiples of their total investment to restructure.
That’s because I taught them several secrets that their accountants had no idea existed.
And here’s the funny part: They were so skeptical, they hired their lawyer to review my plan and he had no idea what I proposed was possible, but in the end he confirmed with Mike and Sara that everything was legit.
Not only that, Mike and Sara’s lawyer now refer clients to me.
And now, for a limited time, I have one more surprise for you to get started…
If you go to this special page and sign up you’ll also receive an 80% discount.
To live freely is divine,
Bobby Casey
Location Independent Entrepreneur
P.S. The IRS is positioning itself to leverage artificial intelligence (and more) to get their hands on your hard-earned dollars. But the good news is you can defend against “Skynet,” and here’s how…
Once you join us, bring me your toughest questions about leaving the U.S. “tax grab” behind and becoming a digital nomad. I’ll answer all of them on our very first call, from the perspective of an insider who is doing it.
Massive financial and personal security for the right person. Hurry, and go to this link to save 80% right now.
