Biden wants Americans to Report All Transactions Over $600 to IRS Under Fed Plan?
POSTED BY: JAYNEZTOWN
UPDATED: Friday, August 4, 2023 16:28
VIEWED: 3553
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Quote:
Originally posted by 1KIKI:
I'm referring to the concept generally. One needs to be able to make distinctions when discussing abstract concepts. So just because there are evil people in the world doesn't negate using the term 'good' when discussing the concept 'good'. And just because there are bad governments doesn't mean there is no concept called the 'public good'.
When discussing the US in particular, I'll be looking at results before I apply a term because I think any term needs to be proven in particular instances. So, I'm not saying that everything the US government does, or that any government does, is a 'public good'.
Anyway, this should probably be n a different thread, so I'm x-posting there.
x-posted from
Biden wants Americans to Report All Transactions Over $600 to IRS Under Fed Plan?
http://www.fireflyfans.net/mthread.aspx?bid=18&tid=64611&p=1
I don't have a problem with the word "Good". I have a problem with using "Public" as a prefix for it.
It's not too far away at all from when they use the word "White" as a prefix for the word "Nationalist". In that case though, they're intentionally conflating Nationalism with Racism. Nationalism is NOT Racism. Nationalism is a good thing. It's the same bad people that throw around the term "Public Good" that try to make you think that Nationalism is a bad thing.
Public means government. Public good means Government Good. In the end, they are the only ones that benefit.
I don't care if you disagree. You're wrong. The term is wrong. Anybody using the term is wrong.
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Vaccinated People: "You need to get muh vaccination shots that don't work because I got muh vaccination shots that don't work and I'm afraid of people that didn't get muh vaccination shots that don't work because muh vaccination shots that don't work don't work."
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Do you think you are replying to Libtard kiki, or Karen kiki, or Nazi kiki, or Russian Troll kiki?
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Was Janet a tax cheat from the get go?
IRS Plan to Monitor All Transactions Over $600 Sparks Opposition
https://www.visiontimes.com/2021/10/14/irs-plan-to-monitor-all-transac
tions-over-600-sparks-opposition.html
A discussed solution from the other thread.... go hard cash into hands
Quote:
Originally posted by 6IXSTRINGJACK:Quote:
Originally posted by JEWELSTAITEFAN:
Embrace barter.
Absolutely.
Biden’s Orwellian Tax Surveillance Policy
https://finance.yahoo.com/news/biden-orwellian-tax-surveillance-policy
-161210262.html
A foreign Pirvate bank owned by cartel and alien royalty with greater control of the US People....or maybe You don't get it do you
Don't worry...
time to ban books and joking they say?
https://www.bitchute.com/video/5Yzvjb7U7Dk/
They are now working hard to ban Gone With the Wind, Comedy Standup and Offensive Movies.
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One more step to China.
Biden*'s master Xi is very pleased.
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Vaccinated People: "You need to get muh vaccination shots that don't work because I got muh vaccination shots that don't work and I'm afraid of people that didn't get muh vaccination shots that don't work because muh vaccination shots that don't work don't work."
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Kyrsten Sinema tells Democrats she WON'T support Biden's multi-trillion dollar reconciliation bill
https://www.dailymail.co.uk/news/article-10092321/Kyrsten-Sinema-flees
-Europe-fundraising-trip-Bidens-budget-limbo.html
President Joe Biden needs a win, but that's not a reason to spend $4.5 trillion
https://www.tennessean.com/story/opinion/columnists/2021/10/06/joe-bid
en-needs-a-win-trillion-dollar-budget-infrastructure/6006639001/
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In Biden's America for example Commiefornia it seems Hoodrats who never pay taxes can steal almost 1,000 bucks of stuff, the US Cops can’t stop or prosecute anyone who steals anything worth less than $900 Bucks.
California you can steal up to $346,750 per year per person ($950 that is very day multipled X for a time of 365 days) and not be arrested.
Antifa and BLm can Riot and Burn down cities and all is cool?
Fed wants to turn the villager upsidedown and shake the coins out of their pockets while IRS would track all bank transactions over $600 under Biden earth socialist plan
Is Hunter going to pay the US Taxpayer for his sales of 'modern art'?
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Meaningless change is meaningless.
https://www.foxbusiness.com/politics/democrats-scale-back-irs-bank-mon
itoring-plan
Nearly every single American that is working, even if they're part time minimum-wage workers are going to have more than $10,000 worth of transactions in a year.
This is NOT scaling back to ONLY giving the IRS access to bank accounts with individual transactions OVER $10,000. THEY ALREADY DO THAT.
This is for a collective total of $10,000 in a year.
Hell... the way it's worded, that could simply mean $5,000 in deposits, and the $5,000 of withdrawals of said deposits in a year, meaning that it will hit EVERY American. Who knows? Nobody is telling the truth about any of this.
Democrats are Cancer.
And even FOX News isn't reporting this correctly; somehow framing this as some sort of win that should be celebrated.
"Thank Big Brother for raising this weeks chocolate rations".
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Vaccinated People: "You need to get muh vaccination shots that don't work because I got muh vaccination shots that don't work and I'm afraid of people that didn't get muh vaccination shots that don't work because muh vaccination shots that don't work don't work."
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Yes, it's still ridiculous.
Banks already report transactions over 10,000 to the IRS. They are also required to "know your customer"- in other words, if you want to open an account the source of your money needs to look legit.
Of course, NONE of this applies to the ultra wealth, who operate thru shell companies etc.
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Pity would be no more,
If we did not MAKE men poor - William Blake
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Somewhere I read that paycheck deposits are exempted - that it now applies to unearned income deposits only.
But if they don't get you coming, it looks like they'll get you going, since withdrawals do still count.
I hope that that gets a lot of press, since the average American family withdraws more than $10,000 a year.
And yeah - if the banks are already required to report transactions over $10,000 (not inflation-adjusted since the rule was implemented in 1982 https://www.govinfo.gov/content/pkg/USCODE-2012-title31/pdf/USCODE-201
2-title31-subtitleIV-chap53-subchapII-sec5311.pdf ) why does Congress care about smaller amounts? No 'big money' entity is going to be laundering money in $10,000/ year amounts. This truly doesn't pass the smell test.
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Quote:
Originally posted by 1KIKI:
Somewhere I read that paycheck deposits are exempted - that it now applies to unearned income deposits only.
But if they don't get you coming, it looks like they'll get you going, since withdrawals do still count.
I hope that that gets a lot of press, since the average American family withdraws more than $10,000 a year.
And yeah - if the banks are already required to report transactions over $10,000 (not inflation-adjusted since the rule was implemented in 1982 https://www.govinfo.gov/content/pkg/USCODE-2012-title31/pdf/USCODE-201
2-title31-subtitleIV-chap53-subchapII-sec5311.pdf ) why does Congress care about smaller amounts? No 'big money' entity is going to be laundering money in $10,000/ year amounts. This truly doesn't pass the smell test.
Yup.
This doesn't effect the people they say it will at all.
Two categories aren't going to be impacted by this.
1. People who do everything off the books and never even bother with a bank account in the first place.
2. People who were wealthy enough to be making transactions of $10,000 or more. (They were already being watched)
The ONLY thing this bill is for is to spy on every single American with a legit income, no matter how little money they make.
The revision that FOX News seems to be celebrating in that article does absolutely nothing to change that.
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Vaccinated People: "You need to get muh vaccination shots that don't work because I got muh vaccination shots that don't work and I'm afraid of people that didn't get muh vaccination shots that don't work because muh vaccination shots that don't work don't work."
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