Joe Biden wants to know how much money is coming in and out of your bank accounts. His plan is to require banks report all transactions of more than $600 whether coming in or going out. It was billed as a way to fight tax evasion, which is ironic since Biden himself was accused of evading his own taxes last week. But the truth is the regime wants to keep tabs on everyone’s money to make sure nobody has any the government can’t get their grimy fingers on.
According to Katabella Roberts from our premium news partners at The Epoch Times:
Democrats have said they plan to raise the threshold of President Joe Biden’s radical proposal that all bank transactions of more than $600 be reported to the Internal Revenue Service (IRS).
The initial proposal (pdf)—which Biden says is aimed at curbing tax evasion—would require banks and other financial institutions to report to the IRS any deposits or withdrawals totaling more than $600 annually to or from all business and personal accounts.
Lets instead >> LOOK AT THEIR BANK ACCOUNTS since they are the Criminals in America !!!!!!