Yellen Backs Down on IRS Snooping on Americans’ Bank Accounts

https://www.theepochtimes.com ^ | 19 OCTOBER 2021 | By Joseph Lord

[Red Badger]

In her younger days she helped create this very system that she now complains about.

But her complaint is non-sequitur.

She complains that the wealthy are ‘exploiting the system’ which when you analyze that statement means they are following THE LAWS!..................................

[Red Badger]

https://en.wikipedia.org/wiki/Janet_Yellen

[Leep]

The 7 trillion shortages likely come from illegals.
But this a totally smells of more corruption,anyhow.

[Red Badger]

Yes, typical liberal tactic.

Go for the gold, settle for silver.

Call it ‘compromise’, ‘bipartisanship’, etc.

When you compromise with EVIL, you just get more EVIL................

[Elsie]

Foremost, the reporting threshold will be raised to $10,000, addressing a key concern from critics who considered $600 to be too low to 'merit<' IRS snooping.

Ha ha!

After this coming round of inflation, $10,000 will BE the new $600!!

[Red Badger]

Illegals typically don’t use banks. They deal strictly in cash. I’ve seen them at Walmart pay for their 3-4 carts full of groceries with a wad of cash that would literally choke a horse..................

[Red Badger]

$10k or $10T makes no difference, it’s still unconstitutional. What they are doing is making the IDEA look legitimate to their ignorant, uneducated base..................

[Red Badger]

Everyone should be ‘exempt’ because the very IDEA is UNCONSTITUTIONAL!...............

[Leep]

It may end up that people find alternative places to invest there money. However,I don’t think they want to destroy banking.
I think the real objective is for the fed state to force people into compliance (authoritarian control and power) by being able to lock access to their money by locking their accounts.
And also coming up a with bogus reason to seize larger accounts.

[Red Badger]

I saw it.......................

[Red Badger]

We will have a flat tax, flatter than Brandon's dream girlfriend...

ISWYDT............................

[Red Badger]

Of course not. She went to Yale....................

[Red Badger]

IRS is already snooping.

And has been for decades. It's the 'leaking' that bothers Americans...................

[Red Badger]

She is selling the IDEA that it is a legitimate function, the amount doesn’t matter.....................

[null and void]

The emperor has no clothes...

[Red Badger]

It’s the IDEA that she is pushing is the point. The amount is not..................

[Red Badger]

In front of female SS agents..................

[Red Badger]

And cell phones and Cadillac SUVs and humongous houses amd 100” TVs..................

[Red Badger]

Bank(s) plural.

They want ONE GLOBAL BANK UNDER THEIR CONTROL......................

[EVO X]

Everyone should be ‘exempt’ because the very IDEA is UNCONSTITUTIONAL!...............

If it becomes law, it certainly would be litigated.