Guest views are now limited to 12 pages. If you get an "Error" message, just sign in! If you need to create an account, click here.

Jump to content
  • CRYPTO REWARDS!

    Full endorsement on this opportunity - but it's limited, so get in while you can!

Banking Industry Change


Wheelman
 Share

Recommended Posts

Yep!  I just sent this to my whole family:

 

If you have at least $600 in your account, the IRS could end up monitoring your spending. It’s part of President Biden's proposed tax reform and is raising concerns.

 

“Financial institutions would be responsible for reporting your withdrawals and deposits – breaking down physical cash, transactions with a foreign account and transfers to and from another account with the same owner. This would apply to all business and personal accounts with at least $600 in it.”

 

https://www.thv11.com/article/news/verify/yes-the-irs-could-have-more-access-to-your-bank-accounts-under-bidens-proposal/91-91b89f8c-b30b-427d-bf13-a08d05b8414f

  • Thanks 8
  • Upvote 2
Link to comment
Share on other sites

2 hours ago, Floridian said:

Yep!  I just sent this to my whole family:

 

If you have at least $600 in your account, the IRS could end up monitoring your spending. It’s part of President Biden's proposed tax reform and is raising concerns.

 

“Financial institutions would be responsible for reporting your withdrawals and deposits – breaking down physical cash, transactions with a foreign account and transfers to and from another account with the same owner. This would apply to all business and personal accounts with at least $600 in it.”

 

https://www.thv11.com/article/news/verify/yes-the-irs-could-have-more-access-to-your-bank-accounts-under-bidens-proposal/91-91b89f8c-b30b-427d-bf13-a08d05b8414f

This is so over-the-top intrusive! It’s hard to believe this is going on in the US …

This isn’t to go after the “rich”, this is aimed at punishing the middle class. 

  • Thanks 3
  • Upvote 5
  • Pow! 6
Link to comment
Share on other sites

1 hour ago, Half Crazy Runner said:

This is so over-the-top intrusive! It’s hard to believe this is going on in the US …

This isn’t to go after the “rich”, this is aimed at punishing the middle class. 

 

Yup!  I wouldn't be happening if Trump was President.

 

Let's take everybody's money and give it out as "freebies" to migrants.  Free healthcare, free college, just walk into America, everything is free!

 

  • Like 2
  • Upvote 5
  • Pow! 5
Link to comment
Share on other sites

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.
Note: Your post will require moderator approval before it will be visible.

Guest
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.

Loading...
 Share

  • Recently Browsing   0 members

    • No registered users viewing this page.
×
×
  • Create New...

Important Information

By using this site, you agree to our Terms of Use.