Monday, October 04, 2021

Biden’s Proposal to Allow IRS to Track Your Bank Transactions Is Dangerous for All Americans

Yes, the demented and senile 78 years old lifetime career politician and longtime habitual liar 46th President of the U.S. is indeed dangerous in many ways!

"... Under this requirement, the Internal Revenue Service—an already scandal-ridden and historically politicized government agency—could once again be weaponized against political opponents while leaving middle-class Americans vulnerable to having more of their financial information hacked or leaked.

This is because the Biden administration’s proposal would require financial institutions to report all transactions from accounts holding more than $600. ...
In 2013, the Treasury Department’s Inspector General for Tax Administration reported that the Internal Revenue Service under Lois Lerner, an Obama nominee, “targeted specific groups applying for tax-exempt status, delayed processing of targeted groups’ applications for tax-exempt status, and requested unnecessary information from targeted groups.”
The report explicitly mentions the tea party and other conservative groups as the target of this abuse. ..."

Biden’s Proposal Allows IRS to Track Your Bank Transactions

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