Posted on 09/30/2021 12:45:21 PM PDT by LibertyWoman
Nebraska is already promising to defy a Biden proposal that would require banks to hand over data on transactions over $600 on individual bank accounts to the IRS.
'My message is really simple. The people of Nebraska entrusted me to protect the privacy of these accounts and I am not going to comply with this. If the Biden administration sues me, we will take it all the way to the Supreme Court. We are going to fight every step of the way,' state treasurer John Murante told FOX Business.
The proposal, backed by $79 billion in additional funding, would allow the IRS to peer into the aggregate inflows and outflows of a bank account over $600.
...
Murante said he believes other states would also refuse to comply.
'We have members across the country who are committed to limited government and free market approaches, and we are unanimously against this proposal. It is an invasion of privacy and lacks any due process,' he said.
Wyoming Republican Sen. Cynthia Lummis on Tuesday tore into Treasury Sec. Janet Yellen on Tuesday for her support of the Biden proposal.
(Excerpt) Read more at dailymail.co.uk ...
Now that’s more like it! Someone in the great state of Nebraska has grown a pair. Keep it up, and you other states, get with the program!
It is a vast overreach.
As I said before to my friend, Owen Banks, you couldn’t pay me to work for the Fed. They wouldn’t anyway.
See also: Citizens’ State Bank, Milford Ill
Arthur Murray Pres.
Biden’s handler in White House: “Timmy, get Milley to load one of those mothers of all bombs and do a flyover above that Deplorable hicksville Nebraska. Accidentally drop it. Teachable moment. Tell Kamala to laugh it off as a malfunction.”
States that don’t comply will enjoy a surge in banking activity.
Why Switzerland is so popular to park money for $300, Alex.
“One” (note that word “one”) of the factors leading to the demise of the Soviet Union was the satellite countries defying the overburdening demands of the central authority.
Of course this was really a power struggle. Will the power be in the federal govt or the states as our founding fathers designed?
“One” (note that word “one”) of the factors leading to the demise of the Soviet Union was the satellite countries defying the overburdening demands of the central authority.
Of course this was really a power struggle. Will the power be in the federal govt or the states as our founding fathers designed?
If the Governors and/or state legislatures of about 25 states got together and told CornPop to, Go F*ck Himself, this would be over. All of it. And, aside from those 25+/-, there are ones where the state legislatures are controlled by Republicans and other than a few big cities in the state, they’re dominated by Conservatives.
Time for a nice peaceful divorce between the Left and the Right.
On a side note, anyone explain to me how the state could ignore this, given that it would be the banks doing the reporting, would they not? What role would Nebraska play in the reporting process?
All one has to do is PayPal or Zell pay or transfer money to your kid in college a few times a year and Wham! you’re on a list!
There is a long long list of democrats that owe thousands but this scheme is the best they can come up with.
much to learn from history. Anyone remember Lech Walesa?
https://en.wikipedia.org/wiki/Lech_Wa%C5%82%C4%99sa
It is amazing what one man and supporters in the background can do!
Obamatard’s gang was able to bully some Swiss banks. I know a few buds who prefer the Bahamas. You go snorkeling AND bank privately at the same time.
Gots to get us some of those White middle class terrorists!
?
So far, not one word about the bank accounts of ANTIFA and
BLM members. Wonder why?
good point
Seems to me just paying your credit card bill could do it. Paying your mortgage or rent?
No mention of their Venmo, Cash, or other money transfer
services either.
This could be their way to secretly do a back door on them
though, if you think about it.
Would they?
I seriously doubt it.
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