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Lol. Like a month ago I was called a conspiracy theorist over this. "It's just something Yellen said we should do but it's not a real thing and isn't going to happen".
THIS! ^^^^^^^^Makes it impossible to cheat on taxes. Republicans in shambles over this.
Don't cheat on taxes. What is being controlled except tax cheats?That how you take it? The government spying on your checking account is cool? Say your a college student renting a $2,400 payment home between 4. You pay the rent and the other 3 pay their share. The government has no business looking into your personal checking account. Everything starts as tax the evil rich then turns into more government control on everyone.
Structuring is a legitimate issue. I expect you'd know this if you had any money.They have no business in your checking account. Deposits over $10,000 already have special reporting. This is a lefty fake narrative to get more control again.