[pepsionice]

I tend to agree with you.

Problem here is that IRS has nowhere enough people to conduct reviews. Someone last month said that a minimum of 50k more employees would have to be hired.

All of this would lead to several million people each month being tasked to come to an IRS investigator and explain what this $1,100 charge was for landscape support or beauty treatment. You’d have to hire a lawyer to accompany you....so thousands of lawyers would have additional work to defend people off stupid accusations.

Cascading effect on cost of living for regular people in the end. Would trigger a lot of people to walk into a bank and just take out $5k at a time, and only pay for services in cash.

[blackdog]

They are ahead of you. Cash will be removed from circulation. It will all be electronic transactions. Think of EBT cards being the prototype testing.

January 2022 it will begin being done. And get ready for this....no more retail consumer banking. Your local post office will become your bank. The big banks will oversee the balances of the post offices. Kinda like what the fed does now over retail banks.

The EU uses the postal systems for all kinds of regulatory and finance stuff unrelated to the mail. They even act as compliance agencies for electronics and electrical equipment.

[EVO X]

Problem here is that IRS has nowhere enough people to conduct reviews. Someone last month said that a minimum of 50k more employees would have to be hired.

The proposal includes 85K new hires.

[Carriage Hill]

The IRS might be getting 87,000 new employees to do just that:

https://truthout.org/articles/biden-wants-to-hire-87000-additional-irs-agents-to-go-after-wealthy-tax-dodgers/