Joe Biden Failure # 22: Spying on Tax Payers and their Bank Accounts!
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-For the Uncensored! This is the most sinful and damning thing a government could ever do to its citizens. According to the Daily Mail, “The Biden administration says such surveillance would target audits and prevent tax evasion, but some are concerned that it might run up against the Fourth Amendment and those who can't afford to fight tax audits or move their money into offshore accounts. The proposal would require banks to report to gross inflows and outflows to the IRS, including transactions from Venmo, PayPal, crypto exchanges and the like in an effort to fight tax evasion.”
Joe Biden Failure # 22: Spying on Tax Payers and their Bank Accounts!
Joe Biden Failure # 22: Spying on Tax Payers…
Joe Biden Failure # 22: Spying on Tax Payers and their Bank Accounts!
-For the Uncensored! This is the most sinful and damning thing a government could ever do to its citizens. According to the Daily Mail, “The Biden administration says such surveillance would target audits and prevent tax evasion, but some are concerned that it might run up against the Fourth Amendment and those who can't afford to fight tax audits or move their money into offshore accounts. The proposal would require banks to report to gross inflows and outflows to the IRS, including transactions from Venmo, PayPal, crypto exchanges and the like in an effort to fight tax evasion.”