Banking and Personal Finance

By Mistergreyghost on October 26, 2021 ( Leave a comment )

Democrat Senator Joe Manchin Trashes His Party’s ‘Screwed Up’ Proposal to Monitor Bank Accounts With $10,000 in Activity, Predicts it’s Dead

Sen. Joe Manchin (D-WV) on Tuesday trashed a Democratic proposal for the IRS to begin monitoring bank accounts, but said he believed it was dead. “Do you understand how messed up that […]

By Mistergreyghost on October 18, 2021 ( Leave a comment )

Poor Would Be Three Times More Likely To Get IRS Audit Than 1 Percenters Under Biden Spending Plan

Under a new Biden administration proposal, the Internal Revenue Service is three times more likely to audit a citizen making less than $25,000 rather than someone in the top 1 percent of […]

By Mistergreyghost on October 13, 2021 ( Leave a comment )

Treasury Secretary Janet Yellen Confirms IRS Monitorizing Bank Account Deposits of $600+ Will Be in Democrats Reconciliation Bill

Treasury Secretary Janet Yellen continues her pitch for the Biden administration’s proposal that would require banks to report inflows and outflows of accounts with more than $600 of activity over the course of a year to the IRS, […]

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Banking and Personal Finance

Democrat Senator Joe Manchin Trashes His Party’s ‘Screwed Up’ Proposal to Monitor Bank Accounts With $10,000 in Activity, Predicts it’s Dead

Poor Would Be Three Times More Likely To Get IRS Audit Than 1 Percenters Under Biden Spending Plan

Treasury Secretary Janet Yellen Confirms IRS Monitorizing Bank Account Deposits of $600+ Will Be in Democrats Reconciliation Bill