What they aren't telling us is, this is cumulative over a year. They are STILL trying to pull one over on us.
The IRS needs to be nuked and the employees can be sent to the gdamn border!
This $600.00 dollar IRS reporting stamp-of-approval was originally a part of ObamaCare actually, and was only killed with very, very little fanfare or publicity when the Repubbies took over the House and could revoke that part of the law.
So, “It’s Baaaaaaaaaaaaack!”
Later it’ll be...
“If you don’t have $600 to your name, what are you afraid of?”
“If passed, the rule would require financial institutions to report the cash flows of every account with more than $600 in deposits or transactions.”
So is this another cost that the taxpayers will have to shoulder or is the government going to pay the banks for their cost of reporting all of this?
How the hell am I supposed to run my business on an all cash basis thereby evading income taxes if the bank turns around and rats me out? This is tyranny!
It is the only way the DemoRats can pay for all of their leftist agendas. Sucking the middle class and small businesses dry.
“When in the course of human events, . . . “
You know the rest!