Biden IRS to Spy on All Transactions over $600

Treasury Secretary Janet Yellen pushes for the #IRS#spy rule forcing banks to report all transactions over $600 to the IRS. This is a tremendous invasion of privacy the likes of which our country has never seen. Millions of law-abiding Americans would suddenly have their bank accounts opened to federal investigators

Several states have also expressed concern over the proposal, including Nebraska, which slammed the information collection as a violation of Americans’ constitutional right to privacy and said the costs associated with banks, credit companies and other financial institutions complying with the requirement would be passed on to consumers.

Read more:

https://nypost.com/2021/10/05/janet-yellen-defends-bidens-irs-proposal/

11 views0 comments