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Sep 14, 2021 10:21:46   #
Capt-jack Loc: Home
 
Biden Wants to Monitor Your Bank Account Through New $3.5 Trillion Budget Plan.

President Joe Biden is quickly proving to be one of the most authoritarian presidents in modern history.

According to the Democrat's new $3.5 trillion budget plan, Biden and Democrats want to monitor inflows and outflows from your bank accounts.

“The proposal would require banks to report to gross inflows and outflows to the IRS, including transactions from Venmo, PayPal, crypto exchanges and the like in an effort to fight tax evasion,” The Daily Mail reported, adding, “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.”
PLUS Biden is going to hire 2,000 new IRS agents to look you over.

Vice president of policy at the Taxpayers’ Protection Alliance Patrick Hedger, shredded the idea, saying, “The IRS is first and foremost, a law enforcement agency and the Fourth Amendment protects against unreasonable searches and seizures in pursuit of, of looking for wrongdoing and criminal actions, so I think this is going to run into severe Fourth Amendment headwinds.”

“You’re going to push more folks into small cash transactions, you’re going to push more banking offshore,” he continued. “The big fish out there that do have sizable assets that are eligible for taxation offshore. This is the ultimate regressive tax. You’re going to end up punishing the worst off among us … the lower-income folks in this country have historically been the targets of aggressive IRS audits because they don’t have the CPAs and the lawyers to be able to fight back. I don’t see why they need to be going after people, you know, just the average, the average Joe and start stooping on, you know, a $600 payment. It doesn’t make any sense, these, this is, I mean this is beyond trying to pick out low hanging fruit.”

In a letter written to the Senate Subcommittee on Finance, a group including the American Bankers Association, the Bank Policy Institute, the Consumer Bankers Association said the following:



https://patriotalerts.com/2021/09/biden-wants-to-monitor-your-bank-account-through-new-3-5-trillion-budget-plan/



Reply
Sep 14, 2021 10:31:00   #
microphor
 
Capt-jack wrote:
Biden Wants to Monitor Your Bank Account Through New $3.5 Trillion Budget Plan.

President Joe Biden is quickly proving to be one of the most authoritarian presidents in modern history.

According to the Democrat's new $3.5 trillion budget plan, Biden and Democrats want to monitor inflows and outflows from your bank accounts.

“The proposal would require banks to report to gross inflows and outflows to the IRS, including transactions from Venmo, PayPal, crypto exchanges and the like in an effort to fight tax evasion,” The Daily Mail reported, adding, “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.”
PLUS Biden is going to hire 2,000 new IRS agents to look you over.

Vice president of policy at the Taxpayers’ Protection Alliance Patrick Hedger, shredded the idea, saying, “The IRS is first and foremost, a law enforcement agency and the Fourth Amendment protects against unreasonable searches and seizures in pursuit of, of looking for wrongdoing and criminal actions, so I think this is going to run into severe Fourth Amendment headwinds.”

“You’re going to push more folks into small cash transactions, you’re going to push more banking offshore,” he continued. “The big fish out there that do have sizable assets that are eligible for taxation offshore. This is the ultimate regressive tax. You’re going to end up punishing the worst off among us … the lower-income folks in this country have historically been the targets of aggressive IRS audits because they don’t have the CPAs and the lawyers to be able to fight back. I don’t see why they need to be going after people, you know, just the average, the average Joe and start stooping on, you know, a $600 payment. It doesn’t make any sense, these, this is, I mean this is beyond trying to pick out low hanging fruit.”

In a letter written to the Senate Subcommittee on Finance, a group including the American Bankers Association, the Bank Policy Institute, the Consumer Bankers Association said the following:



https://patriotalerts.com/2021/09/biden-wants-to-monitor-your-bank-account-through-new-3-5-trillion-budget-plan/
Biden Wants to Monitor Your Bank Account Through N... (show quote)


This is the new Democratic Party. Of today.. They do not want us to have the freedoms given Americans in are constitution. They want to control our every move our every thought, our every word. They want to control the money in our bank accounts how we medically treat our children and what they're taught in school it's. If you support this party you are not supporting freedom

Reply
Sep 14, 2021 10:37:57   #
Canuckus Deploracus Loc: North of the wall
 
Capt-jack wrote:
Biden Wants to Monitor Your Bank Account Through New $3.5 Trillion Budget Plan.

President Joe Biden is quickly proving to be one of the most authoritarian presidents in modern history.

According to the Democrat's new $3.5 trillion budget plan, Biden and Democrats want to monitor inflows and outflows from your bank accounts.

“The proposal would require banks to report to gross inflows and outflows to the IRS, including transactions from Venmo, PayPal, crypto exchanges and the like in an effort to fight tax evasion,” The Daily Mail reported, adding, “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.”
PLUS Biden is going to hire 2,000 new IRS agents to look you over.

Vice president of policy at the Taxpayers’ Protection Alliance Patrick Hedger, shredded the idea, saying, “The IRS is first and foremost, a law enforcement agency and the Fourth Amendment protects against unreasonable searches and seizures in pursuit of, of looking for wrongdoing and criminal actions, so I think this is going to run into severe Fourth Amendment headwinds.”

“You’re going to push more folks into small cash transactions, you’re going to push more banking offshore,” he continued. “The big fish out there that do have sizable assets that are eligible for taxation offshore. This is the ultimate regressive tax. You’re going to end up punishing the worst off among us … the lower-income folks in this country have historically been the targets of aggressive IRS audits because they don’t have the CPAs and the lawyers to be able to fight back. I don’t see why they need to be going after people, you know, just the average, the average Joe and start stooping on, you know, a $600 payment. It doesn’t make any sense, these, this is, I mean this is beyond trying to pick out low hanging fruit.”

In a letter written to the Senate Subcommittee on Finance, a group including the American Bankers Association, the Bank Policy Institute, the Consumer Bankers Association said the following:



https://patriotalerts.com/2021/09/biden-wants-to-monitor-your-bank-account-through-new-3-5-trillion-budget-plan/
Biden Wants to Monitor Your Bank Account Through N... (show quote)


How dare the government attempt to prevent tax evasion!!!

Reply
 
 
Sep 14, 2021 10:41:40   #
microphor
 
Canuckus Deploracus wrote:
How dare the government attempt to prevent tax evasion!!!


Please, excessive! This is not the way to do it. I don't know if you've noticed or not, but the government isn't very good at spending my money.

Reply
Sep 14, 2021 10:51:39   #
pegw
 
Biden doesn't hold a candle toTrump, who tried to overturn an emection, a d had the scam of the week

Reply
Sep 14, 2021 10:59:57   #
kemmer
 
Capt-jack wrote:
Biden Wants to Monitor Your Bank Account Through New $3.5 Trillion Budget Plan.

President Joe Biden is quickly proving to be one of the most authoritarian presidents in modern history.

According to the Democrat's new $3.5 trillion budget plan, Biden and Democrats want to monitor inflows and outflows from your bank accounts.

“The proposal would require banks to report to gross inflows and outflows to the IRS, including transactions from Venmo, PayPal, crypto exchanges and the like in an effort to fight tax evasion,” The Daily Mail reported, adding, “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.”
PLUS Biden is going to hire 2,000 new IRS agents to look you over.

Vice president of policy at the Taxpayers’ Protection Alliance Patrick Hedger, shredded the idea, saying, “The IRS is first and foremost, a law enforcement agency and the Fourth Amendment protects against unreasonable searches and seizures in pursuit of, of looking for wrongdoing and criminal actions, so I think this is going to run into severe Fourth Amendment headwinds.”

“You’re going to push more folks into small cash transactions, you’re going to push more banking offshore,” he continued. “The big fish out there that do have sizable assets that are eligible for taxation offshore. This is the ultimate regressive tax. You’re going to end up punishing the worst off among us … the lower-income folks in this country have historically been the targets of aggressive IRS audits because they don’t have the CPAs and the lawyers to be able to fight back. I don’t see why they need to be going after people, you know, just the average, the average Joe and start stooping on, you know, a $600 payment. It doesn’t make any sense, these, this is, I mean this is beyond trying to pick out low hanging fruit.”

In a letter written to the Senate Subcommittee on Finance, a group including the American Bankers Association, the Bank Policy Institute, the Consumer Bankers Association said the following:



https://patriotalerts.com/2021/09/biden-wants-to-monitor-your-bank-account-through-new-3-5-trillion-budget-plan/
Biden Wants to Monitor Your Bank Account Through N... (show quote)

55 of the largest corporations in America didn't pay one dime in taxes last year.

Reply
Sep 14, 2021 12:47:42   #
lpnmajor Loc: Arkansas
 
Capt-jack wrote:
Biden Wants to Monitor Your Bank Account Through New $3.5 Trillion Budget Plan.

President Joe Biden is quickly proving to be one of the most authoritarian presidents in modern history.

According to the Democrat's new $3.5 trillion budget plan, Biden and Democrats want to monitor inflows and outflows from your bank accounts.

“The proposal would require banks to report to gross inflows and outflows to the IRS, including transactions from Venmo, PayPal, crypto exchanges and the like in an effort to fight tax evasion,” The Daily Mail reported, adding, “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.”
PLUS Biden is going to hire 2,000 new IRS agents to look you over.

Vice president of policy at the Taxpayers’ Protection Alliance Patrick Hedger, shredded the idea, saying, “The IRS is first and foremost, a law enforcement agency and the Fourth Amendment protects against unreasonable searches and seizures in pursuit of, of looking for wrongdoing and criminal actions, so I think this is going to run into severe Fourth Amendment headwinds.”

“You’re going to push more folks into small cash transactions, you’re going to push more banking offshore,” he continued. “The big fish out there that do have sizable assets that are eligible for taxation offshore. This is the ultimate regressive tax. You’re going to end up punishing the worst off among us … the lower-income folks in this country have historically been the targets of aggressive IRS audits because they don’t have the CPAs and the lawyers to be able to fight back. I don’t see why they need to be going after people, you know, just the average, the average Joe and start stooping on, you know, a $600 payment. It doesn’t make any sense, these, this is, I mean this is beyond trying to pick out low hanging fruit.”

In a letter written to the Senate Subcommittee on Finance, a group including the American Bankers Association, the Bank Policy Institute, the Consumer Bankers Association said the following:



https://patriotalerts.com/2021/09/biden-wants-to-monitor-your-bank-account-through-new-3-5-trillion-budget-plan/
Biden Wants to Monitor Your Bank Account Through N... (show quote)



Reply
 
 
Sep 14, 2021 13:12:17   #
Milosia2 Loc: Cleveland Ohio
 
Capt-jack wrote:
Biden Wants to Monitor Your Bank Account Through New $3.5 Trillion Budget Plan.

President Joe Biden is quickly proving to be one of the most authoritarian presidents in modern history.

According to the Democrat's new $3.5 trillion budget plan, Biden and Democrats want to monitor inflows and outflows from your bank accounts.

“The proposal would require banks to report to gross inflows and outflows to the IRS, including transactions from Venmo, PayPal, crypto exchanges and the like in an effort to fight tax evasion,” The Daily Mail reported, adding, “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.”
PLUS Biden is going to hire 2,000 new IRS agents to look you over.

Vice president of policy at the Taxpayers’ Protection Alliance Patrick Hedger, shredded the idea, saying, “The IRS is first and foremost, a law enforcement agency and the Fourth Amendment protects against unreasonable searches and seizures in pursuit of, of looking for wrongdoing and criminal actions, so I think this is going to run into severe Fourth Amendment headwinds.”

“You’re going to push more folks into small cash transactions, you’re going to push more banking offshore,” he continued. “The big fish out there that do have sizable assets that are eligible for taxation offshore. This is the ultimate regressive tax. You’re going to end up punishing the worst off among us … the lower-income folks in this country have historically been the targets of aggressive IRS audits because they don’t have the CPAs and the lawyers to be able to fight back. I don’t see why they need to be going after people, you know, just the average, the average Joe and start stooping on, you know, a $600 payment. It doesn’t make any sense, these, this is, I mean this is beyond trying to pick out low hanging fruit.”

In a letter written to the Senate Subcommittee on Finance, a group including the American Bankers Association, the Bank Policy Institute, the Consumer Bankers Association said the following:



https://patriotalerts.com/2021/09/biden-wants-to-monitor-your-bank-account-through-new-3-5-trillion-budget-plan/
Biden Wants to Monitor Your Bank Account Through N... (show quote)


They are already monitoring your account. Try to deposit more than $10,000 at one time and not get arrested.
Free country My Ass.
Don’t pay your taxes and see what happens.

Reply
Sep 14, 2021 14:38:19   #
kemmer
 
Milosia2 wrote:

Don’t pay your taxes and see what happens.

To corporations? Nada.

Reply
Sep 15, 2021 05:56:43   #
crazylibertarian Loc: Florida by way of NYC & Rhode Island
 
Capt-jack wrote:
Biden Wants to Monitor Your Bank Account Through New $3.5 Trillion Budget Plan.

President Joe Biden is quickly proving to be one of the most authoritarian presidents in modern history.

According to the Democrat's new $3.5 trillion budget plan, Biden and Democrats want to monitor inflows and outflows from your bank accounts.

“The proposal would require banks to report to gross inflows and outflows to the IRS, including transactions from Venmo, PayPal, crypto exchanges and the like in an effort to fight tax evasion,” The Daily Mail reported, adding, “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.”
PLUS Biden is going to hire 2,000 new IRS agents to look you over.

Vice president of policy at the Taxpayers’ Protection Alliance Patrick Hedger, shredded the idea, saying, “The IRS is first and foremost, a law enforcement agency and the Fourth Amendment protects against unreasonable searches and seizures in pursuit of, of looking for wrongdoing and criminal actions, so I think this is going to run into severe Fourth Amendment headwinds.”

“You’re going to push more folks into small cash transactions, you’re going to push more banking offshore,” he continued. “The big fish out there that do have sizable assets that are eligible for taxation offshore. This is the ultimate regressive tax. You’re going to end up punishing the worst off among us … the lower-income folks in this country have historically been the targets of aggressive IRS audits because they don’t have the CPAs and the lawyers to be able to fight back. I don’t see why they need to be going after people, you know, just the average, the average Joe and start stooping on, you know, a $600 payment. It doesn’t make any sense, these, this is, I mean this is beyond trying to pick out low hanging fruit.”

In a letter written to the Senate Subcommittee on Finance, a group including the American Bankers Association, the Bank Policy Institute, the Consumer Bankers Association said the following:



https://patriotalerts.com/2021/09/biden-wants-to-monitor-your-bank-account-through-new-3-5-trillion-budget-plan/
Biden Wants to Monitor Your Bank Account Through N... (show quote)


I don't know the precise details but I understand there will be some kind of reporting requirement for bank transactions greater than $600. Perhaps someone else can elucidate.

Reply
Sep 15, 2021 07:31:42   #
drlarrygino
 
kemmer wrote:
55 of the largest corporations in America didn't pay one dime in taxes last year.


And these were all corporations that gave $$$$ millions to the Demorat party. Google, Amazon, Twitter and Facebook are just 4 corporations that support Demorat initiatives. Suckerberg himself gave $$$350 million to fund the dems with mail drop boxes placed all across the nation to allow the election steal of 2020. This is illegal by the way. What should we do to these corporations that are getting away with murder while supporting marxist Demorat ideology???

Reply
 
 
Sep 15, 2021 08:03:35   #
crazylibertarian Loc: Florida by way of NYC & Rhode Island
 
For justification, check Marx's Manifesto and items #7-9.

Reply
Sep 15, 2021 08:53:26   #
Ronald Hatt Loc: Lansing, Mich
 
Capt-jack wrote:
Biden Wants to Monitor Your Bank Account Through New $3.5 Trillion Budget Plan.

President Joe Biden is quickly proving to be one of the most authoritarian presidents in modern history.

According to the Democrat's new $3.5 trillion budget plan, Biden and Democrats want to monitor inflows and outflows from your bank accounts.

“The proposal would require banks to report to gross inflows and outflows to the IRS, including transactions from Venmo, PayPal, crypto exchanges and the like in an effort to fight tax evasion,” The Daily Mail reported, adding, “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.”
PLUS Biden is going to hire 2,000 new IRS agents to look you over.

Vice president of policy at the Taxpayers’ Protection Alliance Patrick Hedger, shredded the idea, saying, “The IRS is first and foremost, a law enforcement agency and the Fourth Amendment protects against unreasonable searches and seizures in pursuit of, of looking for wrongdoing and criminal actions, so I think this is going to run into severe Fourth Amendment headwinds.”

“You’re going to push more folks into small cash transactions, you’re going to push more banking offshore,” he continued. “The big fish out there that do have sizable assets that are eligible for taxation offshore. This is the ultimate regressive tax. You’re going to end up punishing the worst off among us … the lower-income folks in this country have historically been the targets of aggressive IRS audits because they don’t have the CPAs and the lawyers to be able to fight back. I don’t see why they need to be going after people, you know, just the average, the average Joe and start stooping on, you know, a $600 payment. It doesn’t make any sense, these, this is, I mean this is beyond trying to pick out low hanging fruit.”

In a letter written to the Senate Subcommittee on Finance, a group including the American Bankers Association, the Bank Policy Institute, the Consumer Bankers Association said the following:



https://patriotalerts.com/2021/09/biden-wants-to-monitor-your-bank-account-through-new-3-5-trillion-budget-plan/
Biden Wants to Monitor Your Bank Account Through N... (show quote)


Think of the plight of the "American Indian"...{ we disarmed them, & imprisoned them, exiled them to their own "reservation"}....Today's Demoncrats are trying that with American Conservatives!

DO NOT GIVE UP THE FIGHT FOR INTEGRITY, & OUR CONSTITUTION!...{ TRUMP / POMPEO 2024! }


Reply
Sep 15, 2021 10:52:34   #
kemmer
 
Ronald Hatt wrote:
{ TRUMP / POMPEO 2024! }

Donnie Jr. / Ivanka 2024!

Reply
Sep 15, 2021 12:16:55   #
America 1
 
kemmer wrote:
55 of the largest corporations in America didn't pay one dime in taxes last year.


Seems as though the current IRS employees are enough to take care of that 55,
or is it you think 2000 more is the answer?

Reply
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