Free Republic
Browse · Search
News/Activism
Topics · Post Article

Skip to comments.

That Democrat plot to empower the IRS to snoop on $600 bank transactions is bombing with the public
American Thinker ^ | 10/18/2021 | Monica Showalter

Posted on 10/18/2021 7:20:54 AM PDT by SeekAndFind

click here to read article


Navigation: use the links below to view more comments.
first previous 1-2021-4041-43 next last
To: SeekAndFind

Why should the Democrats care - it’s not like they have to worry about elections any more.


21 posted on 10/18/2021 7:46:23 AM PDT by Little Ray (Civilization runs on a narrow margin. What sustains it is not magic, but hard work. )
[ Post Reply | Private Reply | To 1 | View Replies]

To: SeekAndFind

VOTE DEMOCRATS OUT !!!

They just wanna control everybody’s lives.

VOTE,THEM OUT !!!


22 posted on 10/18/2021 7:49:50 AM PDT by Pearfect (.)
[ Post Reply | Private Reply | To 1 | View Replies]

To: thirst4truth

YES !!


23 posted on 10/18/2021 7:50:22 AM PDT by Pearfect (.)
[ Post Reply | Private Reply | To 20 | View Replies]

To: thirst4truth
Count your blessings: your renters are actually paying rent.

Maria Bartiromo made a fool of CA Dem Rep Ro Khanna yesterday. Her facial expressions to his answers were those of incredulity...lol

24 posted on 10/18/2021 7:51:26 AM PDT by Night Hides Not (Remember the Alamo! Remember Goliad! Remember Gonzales! Come and Take It!)
[ Post Reply | Private Reply | To 20 | View Replies]

To: struggle

Living on Soc Sec.

NO savings account

NO personal pension account

Pay bills once a month & leave about $20 in bank account.

Some bills I pay are over $600 ==

Property taxes

Property insurance

Vehicle repairs....

Not much to find & TAX in my life...and there are many people in this valley who have less than I have.


25 posted on 10/18/2021 8:03:38 AM PDT by ridesthemiles ( )
[ Post Reply | Private Reply | To 3 | View Replies]

To: SeekAndFind

$600.00 is the W9/1099 limit. Coincidence?


26 posted on 10/18/2021 8:09:05 AM PDT by Pollard (PureBlood)
[ Post Reply | Private Reply | To 1 | View Replies]

To: SeekAndFind

And I will add, I’d feel the same way if it was $60,000.


27 posted on 10/18/2021 8:17:04 AM PDT by cuban leaf (We killed our economy and damaged our culture. In 2021 we will pine for the salad days of 2020.)
[ Post Reply | Private Reply | To 1 | View Replies]

To: RBW in PA
Everyone needs withdraw half of their savings

Been there done that

And the other half

All of it when Brandon was selected.

28 posted on 10/18/2021 8:17:35 AM PDT by spokeshave (We would be ahead by banning fossil fools, like Biden, Pelosi, Feinstein, Schumer, Leahy, etc.)
[ Post Reply | Private Reply | To 4 | View Replies]

To: SeekAndFind
I want every single congress critter and senator audited.
What are the chances of that happening?
But them keeping tabs on all of us is OK?

29 posted on 10/18/2021 8:17:41 AM PDT by BitWielder1 (I'd rather have Unequal Wealth than Equal Poverty.)
[ Post Reply | Private Reply | To 1 | View Replies]

To: SeekAndFind

69% are against this plan.

I’m betting that is the same percentage of the vote that President Trump actually got, before the cheating happened.

I’m betting that if 100 ACTUAL, REAL human beings, legally allowed to vote were sent into a voting precinct that would be the number of votes that President Trump would receive.


30 posted on 10/18/2021 8:19:21 AM PDT by qaz123
[ Post Reply | Private Reply | To 1 | View Replies]

To: SeekAndFind

And I will add, I’d feel the same way if it was $60,000.

Which hints at how I feel about $10,000 reporting and the concept of structuring.

And on a different but similar subject, it should never be a dollar amount. It should be based on a certain income level based on the current value of the dollar. Perhaps some multiple of the Federal minimum wage. Perhaps at the federal hourly minimum wage times 10,000.

But that would be seen by me only as a compromise on my part. They have no business looking into how much money we put in or take out of our bank accounts unless they already have probable cause to use a search warrant against our account.


31 posted on 10/18/2021 8:20:10 AM PDT by cuban leaf (We killed our economy and damaged our culture. In 2021 we will pine for the salad days of 2020.)
[ Post Reply | Private Reply | To 1 | View Replies]

To: RBW in PA

I can’t even imagine putting any of my savings into a savings account in a bank. I gave up that practice a couple of decades ago.


32 posted on 10/18/2021 8:21:32 AM PDT by cuban leaf (We killed our economy and damaged our culture. In 2021 we will pine for the salad days of 2020.)
[ Post Reply | Private Reply | To 4 | View Replies]

To: 1Old Pro

Is it not obvious that we have a uniporty with two different branches that are simply playing good cop bad cop with us?

In other words, they’re not feckless. They’re doing their part of the plan.


33 posted on 10/18/2021 8:23:47 AM PDT by cuban leaf (We killed our economy and damaged our culture. In 2021 we will pine for the salad days of 2020.)
[ Post Reply | Private Reply | To 8 | View Replies]

To: unixfox

It’s all good until you become one of the wealthy with your $600 in quarters out of your loose change bucket.


34 posted on 10/18/2021 8:24:41 AM PDT by seowulf (Civilization begins with order, grows with liberty, and dies with chaos...Will Durant)
[ Post Reply | Private Reply | To 6 | View Replies]

To: SeekAndFind

Partner, this whole thing was cooked up by the Biden Administration to get more $$$$ from the American people.

The Biden government would have to hire at least i million more IRS workers to do this garbage.

This is all socialist excrement and the American public wants no part of this socialist excrement.

35 posted on 10/18/2021 8:29:46 AM PDT by TheConservativeTejano (The Business of America is Business.)
[ Post Reply | Private Reply | To 2 | View Replies]

To: alloysteel
Is there enough storage capacity on the vast array of government servers to HOLD all these transactions?

Not to worry, they will just buy more. WITH OUR MONEY! IOW, they are taking OUR money to punish us.

FJB!

36 posted on 10/18/2021 8:31:50 AM PDT by unixfox (Abolish Slavery, Repeal the 16th Amendment)
[ Post Reply | Private Reply | To 11 | View Replies]

To: SeekAndFind

If they do get this passed....I wonder how long it will be until they change the wording to include every single transaction no matter how small?


37 posted on 10/18/2021 8:38:16 AM PDT by backtobasics
[ Post Reply | Private Reply | To 1 | View Replies]

To: READINABLUESTATE

Conservatives are notorious for not answering the phone for pollsters. I think, if the question is posed to the general public, that number would be much higher.


38 posted on 10/18/2021 8:38:38 AM PDT by Roccus (Prima di ogni altra cosa, siati armati!)
[ Post Reply | Private Reply | To 9 | View Replies]

To: alloysteel
Just the sheer volume of these payments that are expected to be reported is staggering. Is there enough storage capacity on the vast array of government servers to HOLD all these transactions?

Let alone to retrieve it in any meaningful fashion.

I work on software that runs High Performance Computers. Our software enables "big data".

They don't really need a formal database to handle that data. I speculate that the data would be fed into a big data system in order to produce a model which would tell them where ALL the money is down to the last bank account and stock broker account.

They would know where all your money is deposited.

39 posted on 10/18/2021 8:53:51 AM PDT by the_Watchman
[ Post Reply | Private Reply | To 11 | View Replies]

To: HandBasketHell

What difference does it make if it is “bombing” with the public?
————
Exactly, but the bigger evil is the Fed Reserve rush to push through digital currency ( cashless society). Yellen when questioned at her confirmation hearing was asked about digital cashless, she said there is no interest in it by them….flash forward to today - the Fed is calling for digital currency, See SB 3571 , a digital currency, which is now in committee…behind closed doors…of course, us Bible thumpers know what a cashless society will bring…a cashless society is prophetic, make no mistake,it will happen, but when is the question.


40 posted on 10/18/2021 9:08:02 AM PDT by delta7
[ Post Reply | Private Reply | To 14 | View Replies]


Navigation: use the links below to view more comments.
first previous 1-2021-4041-43 next last

Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.

Free Republic
Browse · Search
News/Activism
Topics · Post Article

FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson