Click here to view original web page at redstate.com
AP Photo/Evan Vucci People didn’t put up enough of a fight when the Democrats tried to grab President Donald Trump’s private tax information. They were trying to do that for a fishing expedition, not based upon any specific action of wrongdoing. When his information was improperly leaked, nobody seemed to care enough to prosecute that, either.
The problem is when you go down that slippery slope, it starts to get more slippery pretty fast.
Now, the Biden team wants not just to look into Trump’s account, but into the accounts of virtually every American, as well.
As part of their budget plan, they want to empower the IRS to be able to look into the account of any American with at least $600 in inflow/or outflow in the year, imposing a requirement on the banks to report such information, which is pretty much any adult.
From WFAA: Financial institutions would be responsible for reporting your withdrawals and deposits – breaking down physical cash, transactions with a foreign account and transfers to and from another account with the same owner. This would apply to all business and personal accounts with at least $600 in it. According to the testimony, the purpose of this plan would be to “…improve tax administration and provide the IRS with a blueprint to address various facets of the tax gap.” The plan however has been met with major criticism. Arkansas Congressman Steve Womack joined other lawmakers in writing a letter expressing their concern with the data collection proposal saying, “The requirements of this proposal would impose significant compliance costs on our banks, credit unions, and related financial institutions, but also infringe on the privacy of millions of Americans.” Listen as Joe Biden tries to explain it. Joe Biden wants the IRS to see what goes in and comes out of your bank account. pic.twitter.com/h5wibnuDui — MRCTV (@mrctv) September 17, 2021 So, he just wants to know what’s going into and out of the accounts of the “super wealthy.” Not because there’s any evidence of wrongdoing or a warrant, but just because he thinks he wants to do it. […]
Click here to view original web page at redstate.com
They’re Trying to Shut Us Down
Over the last several months, I’ve lost count of how many times the powers-that-be have tried to shut us down. They’ve sent hackers at us, forcing us to take extreme measures on web security. They sent attorneys after us, but thankfully we’re not easily intimidated by baseless accusations or threats. They’ve even gone so far as to make physical threats. Those can actually be a bit worrisome but Remington has me covered.
For us to continue to deliver the truth that Americans need to read and hear, we ask you, our amazing audience, for financial assistance. We have a Giving Fuel page to help us pay the bills. It’s brand new so don’t be discouraged by the lack of donations there. It’s a funny reality that the fewer the donations that have been made, the less likely people are willing to donate to it. One would think this is counterintuitive, but sometimes people are skeptical because they think that perhaps there’s a reason others haven’t been donating. In our situation, we’re just getting started so please don’t be shy if you have the means to help.
Thank you and God bless!
JD Rucker