Glad Biden Is POTUS Reason #4: Warrantless, Court orderless, full US IRS access to all bank accounts

[UCFBS]

So... it's no longer about catching citizens that are domestic terrorists? And, of course, we're only going to use this to spy on the super rich, right?

4th Amendment in utter tatters.

So tired of both parties just tearing down all civil rights and liberties.

Biden's Plan To Crack Down on Tax Cheating: Snooping on Everyone's Bank Accounts

The president says the IRS needs just two bits of information: all the money that goes into your bank account, and all the money that comes out.

reason.com

 

[goodknightfl]

In Biden's defense, You have no money that is yours. All money belongs to the federal government, and they simply give you the rights to control a very small portion of government money. They have a fiscal responsibility to keep track of their money and make sure you don't misuse it.

 

[sk8knight]

In Biden's defense, You have no money that is yours. All money belongs to the federal government, and they simply give you the rights to control a very small portion of government money. They have a fiscal responsibility to keep track of their money and make sure you don't misuse it.

This is the mentality. If money is not yours, then nothing else is yours either. And without the ability to own property, are you truly free?

 

[OLearyLastCall]

God forbid the IRS starts doing its job. Looking forward to the wealthy no longer cheating the system.

 

[sk8knight]

God forbid the IRS starts doing its job. Looking forward to the wealthy no longer cheating the system.

Knowing what you do with all of your money is not the IRS’s job.

 

[Crazyhole]

God forbid the IRS starts doing its job. Looking forward to the wealthy no longer cheating the system.

You have to be wealthy to make a 600 dollar transaction? That's a paycheck that is below the poverty level.

This is so they can eliminate tax audits. They'll take the money first, and then you'll have to plead your case on why they shouldn't have.

 

[UCFKnightfan08]

You have to be wealthy to make a 600 dollar transaction? That's a paycheck that is below the poverty level.

This is so they can eliminate tax audits. They'll take the money first, and then you'll have to plead your case on why they shouldn't have.

I read it was all transactions for accounts with more than $600 in it. So assuming you have more than 600 in your checking account, every transaction you make has to be reported.

$1.99 at 7 11 for a gatorade - reported
$42.00 gas - reported

 

[Ucfmikes]

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Twitter whore

 

[goodknightfl]

The Big guy says leave his son alone, but tells the IRS to target normal everyday people.