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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Anything over 600 bucks
KarlMarx-ish?
https://www.dailymail.co.uk/news/article-10061109/Yellen-BACKS-IRS-rep
orting-600-transactions-tax-7T-gap.html
Treasury Secretary Yellen BACKS the IRS reporting $600 transactions because it will 'fill the tax $7T gap' and says Biden's Soviet-born, anti-crypto nominee for Comptroller of the Currency 'deserves a fair hearing
'Collection of information is routine,' Yellen assured when asked by CNBC's Squawk Box co-host Andrew Ross Sorkin about the new information collection that some Americans claim is an invasion of privacy.
,
https://nypost.com/2021/10/05/janet-yellen-defends-bidens-irs-proposal/
,
https://www.washingtontimes.com/news/2021/oct/8/surveillance-state-gop
-sees-government-overreach-b/
,
https://www.dailymail.co.uk/news/article-10041521/Cynthia-Lummis-launc
hes-tears-Biden-proposal-report-transaction-600-IRS.html
,
https://www.kfyrtv.com/2021/10/05/north-dakotans-unhappy-about-bidens-
proposition-allow-irs-track-transactions-600-or-more/
,
https://www.masslive.com/news/2021/10/biden-administration-proposing-p
lan-to-track-bank-transactions-of-600-or-more-to-fill-tax-gap.html
it will tell people to report transactions over $600 to the IRS
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Yup. Mentioned this last week in one of the other threads.
One more step to Communism and absolute Government Control of everything and everyone.
Biden* is starting to make GWB look good.
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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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Yeah. Posted about it on the 3rd.
http://fireflyfans.net/mthread.aspx?tid=64597
You were the 2nd post in that thread.
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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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Ridiculous! Abhorrent!
Since when does the IRS have a warrant to justify this "search and seizure"?
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Pity would be no more,
If we did not MAKE men poor - William Blake
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This is for the "Public Good", Sigs.
The Public Good.
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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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And with unchecked inflation the next 3 years under Biden*, there's not going to be a whole lot you can buy anymore that will be under $600, so they'll pretty much know everything that you own soon.
Because you know that just like nearly everything else like minimum wage, it will not be adjusted year over year for inflation.
20... maybe 30 years from now, they're going to know every single case of soda you buy, and then they're going to start charging you more on your health insurance for drinking soda like they do to smokers today.
Use your imagination to figure out all the ways that they'll use this for the "Public Good".
'Smith!' screamed the shrewish voice from the telescreen. '6079 Smith W.! Yes, you! Bend lower, please! You can do better than that. You're not trying. Lower, please! That's better, comrade. Now stand at ease, the whole squad, and watch me.'
A sudden hot sweat had broken out all over Winston's body. His face remained completely inscrutable. Never show dismay! Never show resentment! A single flicker of the eyes could give you away. He stood watching while the instructress raised her arms above her head and -- one could not say gracefully, but with remarkable neatness and efficiency -- bent over and tucked the first joint of her fingers under her toes.
'There, comrades! That's how I want to see you doing it. Watch me again. I'm thirty-nine and I've had four children. Now look.' She bent over again. 'You see my knees aren't bent. You can all do it if you want to,' she added as she straightened herself up. 'Anyone under forty-five is perfectly capable of touching his toes. We don't all have the privilege of fighting in the front line, but at least we can all keep fit. Remember our boys on the Malabar front! And the sailors in the Floating Fortresses! Just think what they have to put up with. Now try again. That's better, comrade, that's much better,' she added encouragingly as Winston, with a violent lunge, succeeded in touching his toes with knees unbent, for the first time in several years.
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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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Quote:Anyone can call anything a 'public good'. But what that thing really is is proved by results. Over time, intentions can be judged by results.
Originally posted by 6IXSTRINGJACK:
This is for the "Public Good", Sigs.
The Public Good.
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I expect the $600 is after, including all of the fees and taxes. So even $595 is going to be included.
Really, really, embrace barter.
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Quote:
Originally posted by 1KIKI:Quote:Anyone can call anything a 'public good'. But what that thing really is is proved by results. Over time, intentions can be judged by results.
Originally posted by 6IXSTRINGJACK:
This is for the "Public Good", Sigs.
The Public Good.
Exactly my point. So stop being a lapdog and using that term unironically.
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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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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 in a different thread, so I'm x-posting there.
Biden wants Americans to Report All Transactions Over $600 to IRS Under Fed Plan?
http://www.fireflyfans.net/mthread.aspx?bid=18&tid=64611
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