Swampfox762 Posted September 9, 2021 Share Posted September 9, 2021 One key prong of President Biden's plan to bankroll Democrats' $3.5 trillion budget plan is to monitor every inflow and outflow of an individual's bank account. The Biden administration says such surveillance would target audits and prevent tax evasion, but some are concerned that it might run up against the Fourth Amendment and those who can't afford to fight tax audits or move their money into offshore accounts. The proposal would require banks to report to the IRS every deposit and withdrawal from an account, including transactions from Venmo, PayPal, crypto exchanges and the like in an effort to fight tax evasion. The IRS would know how much money is in an individual's bank account in a given year, whether the individual earned income on that account and exactly how much was going in an and out. https://www.dailymail.co.uk/news/article-9973671/Bidens-plan-let-IRS-SNOOP-bank-accounts.html 1 Link to comment Share on other sites More sharing options...
janice6 Posted September 9, 2021 Share Posted September 9, 2021 11 minutes ago, Swampfox762 said: One key prong of President Biden's plan to bankroll Democrats' $3.5 trillion budget plan is to monitor every inflow and outflow of an individual's bank account. The Biden administration says such surveillance would target audits and prevent tax evasion, but some are concerned that it might run up against the Fourth Amendment and those who can't afford to fight tax audits or move their money into offshore accounts. The proposal would require banks to report to the IRS every deposit and withdrawal from an account, including transactions from Venmo, PayPal, crypto exchanges and the like in an effort to fight tax evasion. The IRS would know how much money is in an individual's bank account in a given year, whether the individual earned income on that account and exactly how much was going in an and out. https://www.dailymail.co.uk/news/article-9973671/Bidens-plan-let-IRS-SNOOP-bank-accounts.html Heil! 1 Link to comment Share on other sites More sharing options...
crockett Posted September 9, 2021 Share Posted September 9, 2021 I'll stop calling them Democrats from now on. I'll call them dictators or tyrants. 1 Link to comment Share on other sites More sharing options...
deputy tom Posted September 9, 2021 Share Posted September 9, 2021 Gee, I only take out $300.00 at any given time unless I'm buying a car or something big. Eff 'em and feed 'em fish heads. tom. 2 Link to comment Share on other sites More sharing options...
Mrs.Cicero Posted September 9, 2021 Share Posted September 9, 2021 1 hour ago, deputy tom said: Gee, I only take out $300.00 at any given time unless I'm buying a car or something big. Eff 'em and feed 'em fish heads. tom. That's only going to work until inflation jacks prices of everything. Then the tyrants will be getting info on EVERY SINGLE TRANSACTION anyone makes. You can all see where this is going. 1 2 Link to comment Share on other sites More sharing options...
aomagrat Posted September 9, 2021 Share Posted September 9, 2021 No one may buy or sell without the mark of the beast. 2 1 Link to comment Share on other sites More sharing options...
NPTim Posted September 10, 2021 Share Posted September 10, 2021 Our government has a real talent converting citizens into convicts. Not as good as Australia of course, but they are certainly up for the challenge. 3 Link to comment Share on other sites More sharing options...
MO Fugga Posted September 10, 2021 Share Posted September 10, 2021 Tax evasion. Big Bro finally figured out we're all Al Capone. American taxpayers laundering our money in Pakistan in the name of changing the law so queers can only be thrown off single story buildings. Link to comment Share on other sites More sharing options...
Fog Posted September 10, 2021 Share Posted September 10, 2021 This is to stop the wholesale defrauding of poor 'ol uncle sammy and just help him balance the budget. Remember kids, if the other guy doesn't pay his fair share, he's actually cheating YOU. 1 Link to comment Share on other sites More sharing options...
DWARREN123 Posted September 10, 2021 Share Posted September 10, 2021 Control, control the money, food and medicine and you control the mind and body! 4 Link to comment Share on other sites More sharing options...
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