The good and the bad, the big dogs and the small, the thinkers and the doers among libertarians and on the "Right" – you can encounter them all in The Daily Bell's exclusive weekly interviews. Indispensable.

    Dr. Hans Herman-Hoppe
    Author, Economist and Libertarian Philosopher


    Liberty is under assault by Big Government. The Daily Bell is an essential tool for information for those who want to fight for freedom.

    Steve Forbes
    Chairman and Chief Executive Officer of Forbes Media


    Rarely does a publication have the guts and objectivity to tell it like it is, yet the eloquence and wisdom to listen carefully to the ‘other side.’ This is The Daily Bell accomplishing its daily mission.

    James Jaeger
    Telly Award-winning Filmmaker


    Because the world is changing so rapidly, it is difficult to keep up, which means The Daily Bell is a must read. I consider the information critically important reading.

    Dave Morgan
    Author, Editor of Silver-Investor.com


    Get outside the box with The Daily Bell and experience independent views.

    Paul Craig Roberts
    Author, Former Assistant Secretary of the Treasury in the Reagan Administration


    The Daily Bell is a true beacon to lead in helping the reader to separate the wheat from the chaff.

    Dr. Antal Fekete
    Author, Educator and Monetary Scientist


    The Daily Bell rings out for liberty every day. It is the premier online source for insightful and hard-hitting free-market analysis and interpretation of economic, political and business events.

    Dr. Richard Ebeling
    Author, Professor of Economics at Northwood University


    I always read the Bell. The news items are thoughtfully selected, and the interviews are unavailable elsewhere.

    Doug Casey
    Bestselling Author and Founder of Casey Research Group


    I read it every day!

    Jim Rogers
    Bestselling Author, Co-founder of the Quantum Fund


    There is no other publication in print or on the Internet like The Daily Bell. They have the courage to report the truth and analyze current foreign policy, politics and economic events in the context of a formerly hidden history of financial elites.

    Ron Holland
    Author & Monetary Analyst


    The Daily Bell provides unique insights on contemporary political, economic and social problems that can be found in such a concentrated form nowhere else. Whether one agrees or disagrees with it, one cannot afford to ignore it.

    Dr. Edwin Vieira
    Author and Constitutional Expert


    I consider The Daily Bell essential reading for anyone desirous of understanding the way the world really works.

    Lord William Rees-Mogg
    Author, Former Deputy Editor, Financial Times


    Sit down to read from The Daily Bell and experience a jolt of intellectual energy.

    Dr. Nathaniel Branden
    Psychotherapist, Bestselling Author


    There are very few publications out there that have the smarts and guts to tell the truth about the dictatorial forces at work destroying our civilization. Thankfully The Daily Bell is one of them, and it appears in the mailbox every day.

    Nelson Hultberg
    Author, Director of Americans for a Free Republic


    The Daily Bell website is one of the authentic voices cutting through the clouds of vapid opinion, the morass of mediocre media and the confusion of Orwellian doublespeak. The Bell website lives up to its name, ringing unheard messages of truth in our ears.

    Jeffrey Armstrong
    Award-winning Author, Vedic Philosopher


    A defender of free markets, The Daily Bell takes a libertarian approach to expose and unravel global misinformation. Read The Daily Bell – every day!

    Charles Payne
    FOX Business Analyst


    I have thoroughly enjoyed the analysis and interviews at The Daily Bell, which has so often been a voice of reason during these perilous times

    Dr. Thomas Woods Jr.
    NY Times Bestselling Author & Senior Fellow, Mises Institute


    I love reading The Daily Bell! Interesting investment information, a political and social viewpoint that lets me know I'm not alone in the world and "annotated" with analysis. I highly recommend it to all interested readers.

    Rick Rule
    Founder of Global Resource Investments Inc.


    The Daily Bell has come out of nowhere to introduce to the Internet community some of the most intriguing and proactive interviews there are out there. Let's hear it for creativity and being ahead of the curve.

    Bill Murphy
    Chairman of Gold Anti-Trust Action Committee


    The Daily Bell is an informative source of information and commentary from leading figures in the liberty movement. It's a pleasure to be interviewed alongside far more notable individuals.

    Alexander McCobin
    Executive Director of Students for Liberty


    The Daily Bell leads us out of the dark tunnel of manipulated press into the light of free press.

    John Perkins
    Bestselling Author


    I read The Daily Bell every day and I find it very informative.

    Marc Faber
    Dr. Marc Faber, Author, Publisher of The Gloom Boom & Doom Report


    The Daily Bell is a fantastic source of challenging thought from a wide range of freedom loving people.

    Dr. Joel Wade
    Author, Psychotherapist and Life Coach


    The Daily Bell is one of the most innovative and in-depth websites on the Internet. The breadth of the content is awe inspiring and the amount of knowledge imparted is almost impossible to quantify. For me, as a liberty minded seeker of knowledge, it is a must read.

    Jeff Berwick
    Founder of DollarVigilante.com


    The Daily Bell has a great libertarian point of view, and excellent economic analysis. Add it to your daily reading.

    Peter Schiff
    Chairman and Chief Executive Officer, Euro Pacific Capital


    The Daily Bell is an indispensable source of news and information for those seeking to curtail the power of the welfare-warfare state.

    Dr. Grant Havers
    Chair, Department of Philosophy, Trinity Western University


    I really enjoy reading The Daily Bell for the excellent research and content provided on a wide variety of issues vital to the Freedom Movement.

    Dr. Mark Skousen
    Author & Founder of FreedomFest


    Every day, I rely on the Daily Bell for a different perspective you'll never find in the regular media. It's an analysis and timely insight that is profound and provocative.

    Craig Huey
    Author, Small Business Owner


    The Daily Bell should be on everyone's shortlist of news sources you can trust. It's on mine, and we often refer to it in our own weekly news service at The Reality Zone.

    G. Edward Griffin
    Author, Founder of Freedom Force International


    I love the Daily Bell. Every issue is principled and informative.

    Lew Rockwell
    Founder of the Mises Institute


    I enjoy reading The Daily Bell because it often has refreshing and novel ways of looking at things.

    Bill Bonner
    Bestselling Author, Founder of Agora Publishing


    I can say that, unlike the mainstream press, The Daily Bell knows the questions to ask and has the chutzpah to ask them. They realize that socialism and Keynesianism are wrecking the world and they are helping to save what is left of liberty and free markets.

    Richard J. Maybury
    Author, Editor of U.S. & World Early Warning Report


    The Daily Bell is a must-read for anyone who wants to understand the effects of the state on our economic future.

    Dr. Thomas DiLorenzo
    Professor of Economics, Loyola University Maryland


    For alternative views on contemporary politics, culture and science, from a libertarian point of view, check out The Daily Bell.

    Michael A. Cremo
    Author, Vedic Archeologist


    The Daily Bell affords an excellent alternative perspective on some of the noise and nonsense of mainstream media. In particular, I enjoy reading Anthony Wile's 'free-market analysis' on current subjects and articles. Very insightful.

    Frank R. Suess
    Chairman & CEO of BFI Capital Group Inc.


    The Daily Bell has revived that great old institution of the personal interview, extracting information from today's great thinkers you can't get anywhere else. Outstanding!

    Jeffrey Tucker
    Author, Executive Editor of Laissez Faire Books


    The Daily Bell does a remarkable job of exposing how money power uses central banking to crush people into submission via global government with economic and political slavery being the desired end result.

    John Browne
    Former Secretary of the Conservative Defense and Finance Committees, UK Parliament


    At a time when growing majorities worldwide are tuning out mainstream news, people are seeking the cutting edge, insightful and thought provoking analysis that The Daily Bell consistently provides.

    Gerald Celente
    Bestselling Author, Founder of the Trends Research Institute


    The Daily Bell features consistently solid analysis of and thoughtful challenges to contemporary statism. I am proud to be on the team.

    Dr. Tibor Machan
    Author and Philosopher


    The future is created by the people who build it, not the people who predict it will not exist. You can meet lots of important builders by reading The Daily Bell.

    Catherine Austin Fitts
    Former Assistant Secretary of Housing and Federal Housing Commissioner


Subscribe now to start your FREE email subscription to:

The Daily Bell Newswire

By subscribing, I confirm that I have read the privacy policy and the terms of use policy in its entirety and I understand and accept these terms.


Wendy McElroy

The Next IRS Tactic vs. Expats and Accidental Americans?

Editorial By Wendy McElroy

According to the State Department's estimate (January 2013), approximately 6.8 million Americans live abroad. Many more "accidental Americans" live outside the U.S. In the future, both may confront a powerful new weapon wielded by the Internal Revenue Service (IRS).

An "accidental American" is a person who lives in Canada (or another non-U.S. nation) and holds dual citizenship, whether or not he knows it. For example, it includes every Canadian child born to an American parent even if he never sets foot on U.S. Soil. America requires citizens living abroad to file tax forms on the money they earn and to report foreign bank accounts as well as other assets. The foreign income is usually considered taxable by the IRS. But, even if no taxes are owed, the possible penalty for not reporting is $10,000 per undisclosed asset per year.

Ne Exeat Republica

The IRS's powerful new weapon is actually an old one that hearkens back to 18th century English royal court, and was introduced in America as a tax collection tool by the Revenue Act of 1918. It is called ne exeat republica, which is Latin for "let him not go out of the republic." The writ is issued to prevent a person from leaving a jurisdiction until he satisfies a claim brought against him in court. In practical terms, the IRS is using this law to obtain a court order that prevents people who owe taxes from leaving the U.S. once they have entered. Given how often Canadians cross the border to visit family, to shop, to 'winter-over' or vacation, it has special relevance to them.

An IRS Field Service Advisory (November 20, 1998, WL 1757128 (IRS FSA)), described the writ and the circumstances triggering it as follows:

[A] writ of ne exeat republica is an extraordinary collection remedy which may result in a taxpayer being temporarily confined in prison (if unable to post suitable bond) for the taxpayer's non-payment of federal taxes, where the Service can show generally: (1) the existence of significant tax liabilities; (2) the taxpayer has a present ability to pay the tax liabilities; but (3) the taxpayer has chosen instead to attempt to place both himself and his assets beyond the collection jurisdiction of the United States.

The writ's purpose is to ensure "the taxpayer's continued submission to the jurisdiction of a court" in order to award effective relief ... to collect tax ... to reduce tax claims to judgment, and/or to compel repatriation of assets."

Historically, the IRS has used the writ infrequently. One reason has been the difficulty of identifying tax-scoffs who have 'expatiated' their assets and when they re-enter the country. Under FATCA and other agreements, however, foreign financial institutions are or will be 'sharing' far more information with the U.S. about their customers' assets. U.S. Customs and Immigration has opened its extensive database of information to the IRS. That gives the IRS unprecedented access to financial information about Americans abroad and to when they set foot again on native soil. (Identifying the non-compliance of accidental Americans may be more problematic, depending on factors such as how much information their country of residence chooses to share.)

Once a person who is non-compliant has been identified, it is not difficult for the IRS to obtain an order from the court which puts U.S. Marshals on alert. When a pre-screening of travelers or a customs check red-flags the person, he becomes vulnerable to arrest and/or a shakedown upon entering or trying to leave the U.S.

The rapacious IRS may dramatically increase the use of ne exeat republica against the wealthy or affluent. The increase becomes more likely as the public resentment of the rich and of tax-evaders grows; it becomes more likely if the tactic proves lucrative. The IRS could easily change its internal policies or Congress could quietly amend the Revenue Act.

A cautionary tale. Hostages of the IRS.

A recent Dollar Vigilante (April 9) article by financial watchdog Jeff Berwick offers a story on point. Charles and Kathleen Barrett are Americans who live in Ecuador. The IRS claims they owe hundreds of thousands of dollars in tax money. On September 1, 2010, the agency sued the couple in Colorado federal court, and obtained a default judgment of $351,197. The Barretts have apparently attempted to pay the original sum, and to vacate the judgment, which includes various penalties, but they did not appear in court to defend themselves.

In their absence, the agency filed for and received a writ of ne exeat republica against them from a U.S. District Judge. The writ meant the Barretts could be detained by the U.S. Marshal Service if they returned to American soil, and their passports could be confiscated. They would be held over for a hearing that required them to produce all records of financial assets and activity. They would be restricted from any transfer or other alienation of their property. And, of course, they would have to settle their 'debt' to the IRS. The Barretts claim to have been unaware of the writ's existence.

In August 2013, the Barretts returned to Colorado to attend their daughter's wedding. U.S. Marshals intercepted them, confiscating their passports and other travel documents. On October 11, 2013, the Barretts appeared at a hearing before a U.S. magistrate judge who found that the Barretts' identified assets were insufficient to pay the 'debt' and that the writ of ne exeat republica did not authorize imprisonment; the IRS attorney argued for imprisonment on contempt of court – refusing to obey a court order – and the judge agreed to imprisonment on that point.

Berwick described what happened next. "Charles was booked into jail, though no charges were filed. Kathleen who was at a different location ... was also booked into jail. It was two days before anyone knew where she was." Five days later, they faced a federal district judge together at another hearing. The district judge disagreed with the magistrate one, especially on two points. He found that the writ of ne exeat republica should not be revoked; and, that the couple had the ability to repatriate assets to pay the IRS.

The district judge pulled rank. He allowed the Barretts to be released from prison upon paying the contempt of court fee but he refused to discharge the writ. Berwick concluded, "[T]he Barretts are still unable to leave the US. Charles has lost the source of income that allowed him to make payments to the IRS." Meanwhile, the IRS collected substantial sums from the Barretts' foreign assets through levies and similar means.


Who would be most vulnerable to ne exeat republica? According to current IRS policy, "Writ Ne Exeat Republica is another action authorized by IRC §7402(a). Writ Ne Exeat Republica is the appropriate suit action when the taxpayer: is about to leave the U.S., is unlikely to return to the U.S., and has conveyed or concealed property so that the property may be taken out of the U.S."

IRS policy can change quickly. The people most currently vulnerable, however, would probably be those who meet the following criteria:

  • they have been identified as non-complaint by the IRS;
  • they have a sizeable 'debt';
  • they reside abroad or intend to leave the U.S.;
  • a tax case can be sustained in court;
  • they are without assets in the U.S. but hold considerable ones abroad;
  • the tax treaties with the foreign nation does not facilitate collection (Canada is IRS friendly).

No one knows how the process of entering or leaving the U.S. will evolve. The prudent should assume it will only get more difficult and unpleasant.

Rate this article:

Total Ratings: 20 - Average Rating: 4.8

Who We Are

The Daily Bell is published by a dedicated team of experienced researchers and writers who utilize Anthony Wile’s VESTS model to analyze sociopolitical, economic and financial information from a free-market perspective, debunking mainstream media memes and providing insights and analysis derived from business cycle analysis that yield timely insights into profitable investment trends.

Sign Up for our FREE Newsletter

Subscribe now to start your FREE email subscription to
The Daily Bell Newswire.