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Biden's IRS Looking For Money
[NewsNationNow] Proposal to close ‘tax gap’ could give IRS more information about your bank account

Many financial institutions this week, have been warning their customers of a New IRS Account Tracking Proposal.

On the surface it looks like a hunt by Congress for Tax and Spend money. But when reading it deeper, it seems clear, it would allow the IRS to lower the account tracking threshold to $600 and also wants to collect"transaction activities".

Using the adage "Give the Fed's and Inch, they'll take a Mile".

So should we be worrying?



Posted by: NN2N1 2021-09-18
http://www.rantburg.com/poparticle.php?ID=613008