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Re: Biden 2022 Budget Proposal

By: ribit in 6TH POPE | Recommend this post (0)
Fri, 10 Sep 21 11:56 PM | 24 view(s)
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Msg. 23710 of 60008
(This msg. is a reply to 23681 by CTJ)

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All business and personal back accounts having a $600 market value will have ALL inflow and outflow transactions reported to the IRS.  

...biden say he goin after the RICH. They is known for having bank accounts with $600.00 in them. If a few poor folks get caught up in the net they is just Collateral Damage.




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Liberals are like a "Slinky". Totally useless, but somehow ya can't help but smile when you see one tumble down a flight of stairs!




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The above is a reply to the following message:
Biden 2022 Budget Proposal
By: CTJ
in 6TH POPE
Fri, 10 Sep 21 7:52 PM
Msg. 23681 of 60008

Biden 2022 Budget Proposal: All business and personal back accounts having a $600 market value will have ALL inflow and outflow transactions reported to the IRS.

Current law: banks only report cash transactions of $10,000 or more.

Are you ok with the Federal Government having a full annual list of how much you spend at the supermarket? How much you tip your hair stylist? How much you spend at the gun shop?

Once the IRS has virtually all spending data of Americans - how easy it would be for data to be "hacked" and "leaked" and then "weaponized".

Good time to write to your US Senator and Congress Representative and state your position on this privacy grab.

Go to Page 94 of Biden Budget Proposal:http://bit.ly/3k2hJqZ


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