Decoding the Proposed New Invasive IRS $600 Bank Reporting Rule

The right to privacy is a fundamental human right in any democratic country.

It is also recognized by the UN Declaration of Human Rights, the International Covenant on Civil and Political Rights, and many other international and regional treaties.
Beyond the laws and proclamations, the right to privacy is rooted in a citizen’s inherent right to dignity.

In a democracy, the state is subordinate to the citizen hence the government must respect the rights and dignity of the citizen.

The citizen has the right to withhold any information that he or she deems unsuitable for public consumption, provided that the information is not related to any criminal activity.