Manchin Squashes Democrats’ IRS Bank Account Reporting Proposal
“I think that one’s going to be gone,” Manchin said at The Economic Club of Washington, D.C.
Democrats introduced the provision as a way to partially finance their budget. It would require banks to report the total amounts of money that go in and out of accounts where totals exceed $10,000, which Democrats said would better enable the IRS to catch people trying to evade taxes.
The original proposal applied to accounts whose inflows and outflows exceeded $600, but that was scaled back to the current amount, which excludes paychecks and government checks.
Good ENOUGH WAISTING & STEALING our Taxpayer $$$$$$ !!!!!!! Re-instate TRUMP NOW !!!!!
Squash ALL the Democrat Bullshhht & Re-instate > TRUMP !!!!!
Banks better stop the Dumocrats or >>>> we will PULL OUR $$$$$ OUT of the banks !!!!!! SOLVED
Bad when the future of America comes down to ONE man !!! This country is Doomed !!!!!