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Biden Administration is proposing a sweeping expansion of tax information reporting aimed at raising revenue to help offset the cost of additional spending programs in the American Families Plan.*The proposal, if enacted, would require banks to report to the IRS detailed information on the inflows and outflows of every client account above $600.*This raises serious questions about your right to privacy
Joe Biden is a totalitarian shill. He wants government in your bank, in your house, and tell you what to put in your body. The installed Biden regime is by far the most tyranical administration we have had in a while.
Its only going to get worst. Wait till he crashes the economy next year.
Our bank started that last year. We had a savings account with 25 dollars in it, to keep it open as a record of paying child support. They sent a form to us for us to pay taxes on that. Needless to say we've closed the account. Haven't had to pay child support due to their ages and was covering our bases because the mother said that I wasn't paying. It was a different story when I brought all, I mean ALL my receipts to court. The look on her face though! Priceless.
Maybe it's time for everyone to withdraw everything, close accounts and keep your cash and other documents inside a personal safe. Have been thinking about that very hard lately.
Joe Biden is a totalitarian shill. He wants government in your bank, in your house, and tell you what to put in your body. The installed Biden regime is by far the most tyranical administration we have had in a while.
Its only going to get worst. Wait till he crashes the economy next year.
People won't trust banks anymore and will start keeping their money in other places away from banks and paying everything in cash.
Status:
"Apparently the worst poster on CD"
(set 27 days ago)
27,646 posts, read 16,129,622 times
Reputation: 19065
Quote:
Originally Posted by Frank DeForrest
Just think of banks as a branch of govt
Resist
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