IRS would track all bank transactions over $600 under Biden plan; businesses revolt

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IRS would track all bank transactions over $600 under Biden plan; businesses revolt (archive.ph)

I don't want this kind of regulation to be implemented for the simple reason that it's not about catching tax cheats - if you've got $600 in an account you're a very bad tax cheat.

But....

Businesses wanted Anyone But Trump. Biden was Their Boy. He said he was going to do shit like this, now he is. I want these businesses to suffer, to pay for their hubris. You wanted Biden, guess what. You got Biden. And his regime is anti-personnel at it's finest.

I don't want this kind of regulation to be implemented for the simple reason that it's not about catching tax cheats - if you've got $600 in an account you're a very bad tax cheat. But.... Businesses wanted Anyone But Trump. Biden was Their Boy. He said he was going to do shit like this, now he is. I want these businesses to suffer, to pay for their hubris. You wanted Biden, guess what. You got Biden. And his regime is anti-personnel at it's finest.

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[–] • 1 pt

I feel like barter and smaller purchases may become a thing.

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[–] • 3 pts

Every time communist rears its ugly head, black markets become a booming business.

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[–] • 0 pt

Black markets won't have a chance to flourish with the surveillance state we have now, and it will only get more invasive and intense.

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[–] • 1 pt

Making them all the more in demand.

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[–] • 2 pts

Then the IRS shows up and claims your lifestyle exceeds your reported income and demands you prove them wrong or off to jail with you.

The IRS is stone cold evil.

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[–] • 0 pt

They can do that now.

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[–] • 1 pt

Gifting clubs were a thing back in the day.

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