1) You have to declare all income, even from illegal activities.
2) The declarations can be used against you in court (IIUIC with the caveat that they need an independent reason to get a warrant for those tax records).
https://epic.org/issues/consumer-privacy/data-brokers/
Consumers are the product.
There's probably even more than these, but here are some from the video: Healthcare data brokers, fraud data brokers, financial data brokers, marketing data brokers, people search data brokers.
Good video explaining the situation with data brokers and the removal services: https://www.youtube.com/watch?v=iX3JT6q3AxA
It's a paid service, they track data brokers datasets (I assume they just act as a buyer for as many as they can) and then manually request your removal from all of them, and then aggressively follow up and chase it for you. Interesting business model, even if it's annoying that the world means you need it.
Once collected why would a data broker want to purge your record?
There is no escape.
https://nooneshappy.com/article/data-brokers-unregulated-for...
No one voted for it but here we are. Flock on every strategic corner.
SCOTUS determined that merely having a cellphone, which is a modern necessity, creates too much privately held data that the telcos shouldn't be allowed, even when they want to, to hand it over to the government without a warrant.
Basically all we have to do is expand the types of data that land in this zone.
When the government buys a piece of steel, a chunk of that is property taxes of the owner of the factory building, a huge chunk of that is business taxes, a huge chunk of that is income taxes of the workers that work there.
If the government can own that infrastructure as a fully nonprofit entity that pays zero taxes, the government can buy the steel for $50 instead of $100. That means our income taxes can also be much lower, because the government can be more efficient.
Right now a huge chunk of the taxes you pay to the government go toward paying second-order taxes.
Yea sure. If it helps you sleep better. It is the law.
In reality the data is already 'grey market' so I doubt the law matters to them.
Disappear and new data broker sets up shop. You think these people are regulated? I bet they swap datasets like Pokemon.
And also lose $50 of tax revenue. I do not see how the government is any better off here.
And the property, business and income taxes still need to get paid.
> And the property, business and income taxes still need to get paid.
Not if the government owns it and they decide it's tax exempt. They can also build it on government land, and decide that government land is property tax free.