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Home Front: Politix
Biden's IRS Looking For Money
2021-09-18
[NewsNationNow] Proposal to close ‘tax gap’ could give IRS more information about your bank account

Many financial institutions this week, have been warning their customers of a New IRS Account Tracking Proposal.

On the surface it looks like a hunt by Congress for Tax and Spend money. But when reading it deeper, it seems clear, it would allow the IRS to lower the account tracking threshold to $600 and also wants to collect"transaction activities".

Using the adage "Give the Fed's and Inch, they'll take a Mile".

So should we be worrying?


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