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sorry that offend you. i see you can’t actual. address the facts i roseIf you want a reply, reply like an adult.
It would be nice if you were conscious when you voted your conscience. SMH. So quit complaining, you got what you voted for, moron.I always vote my conscious
The one you just complained about moron.What is CCP state surveillance?
4th AmendmentI could have sworn there was an additional threshold of $2,500 but I'm not seeing a reference to it for some reason. Nonetheless, if you work a job that pays $15.00/hr. then you earn $600.00 a week straight time. If you have taxes withheld you won't trigger the reporting threshold if you are paid once a week but you will exceed that amount easily if you are paid every other week.
It's crazy to think about but this amount puts most working people into a situation where having their regular paycheck deposited to their bank account will trigger an IRS suspicious activity alert under the Bank Secrecy Act. I personally think them creating a $600.00 threshold is wrong as well as unethical, but if they insist on doing this, it should not be considered a part of their "suspicious activity' definition in my opinion although I guess they need to use that designation in order to do what it is they want to do (pretext/justification).
The simple passing of this law would instantly designate an entirely new class of criminals or at least "criminal suspects" out of most working Americans. The thought of your teenager getting their first job and immediately being added to one of our government's watch list should disturb everyone even if the thought of being on the list yourself doesn't.
I found thisIn the bill. You'll note that the OP didn't provide it.
So you don't know either, go away.The one you just complained about moron.
So the Bank Secrecy Act only came into being since Biden's been in office? According to your previous post, this has always been SOP for the IRS so make up your mind as to what side of this issue you want to argue.It would be nice if you were conscious when you voted your conscience. SMH. So quit complaining, you got what you voted for, moron.
I am not arguing any side of your so-called argument. I am stating facts--If you got a stimulus check they have had access to your accounts, same for SS or a tax return. The banking institution reports your income from your account to the IRS every year. If they want to, they can and have seized accounts in the past. You are making a mountain out of a mole hill.make up your mind as to what side of this issue you want to argue.
No, if you voted for Biden, you voted for Biden. There is no "voting against" in our system, unfortunately.So the Bank Secrecy Act only came into being since Biden's been in office? According to your previous post, this has always been SOP for the IRS so make up your mind as to what side of this issue you want to argue.
And I did get what I voted for, Trump is no longer in office.
A mountain is made out of many molehills - but I disagree that this is a trivial change. It's another brick in the way and part of a growing dependency on executive orders and regulatory fiat for our governance.I am not arguing any side of your so-called argument. I am stating facts--If you got a stimulus check they have had access to your accounts, same for SS or a tax return. The banking institution reports your income from your account to the IRS every year. If they want to, they can and have seized accounts in the past. You are making a mountain out of a mole hill.
What I meant is that I didn't cast a vote against Trump in the 2016 election and was not going to make that mistake again. I didn't want to run the risk that by not voting for his opponent that he may have remained in office.No, if you voted for Biden, you voted for Biden. There is no "voting against" in our system, unfortunately.
You can't cast a vote "against" anyone. Our system doesn't work that way. If you voted for Biden, you voted for Biden - no telling who you were supposedly voting against.What I meant is that I didn't cast a vote against Trump in the 2016 election and was not going to make that mistake again. I didn't want to run the risk that by not voting for his opponent that he may have remained in office.
Fine. Just don't go kidding yourself. You voted FOR Biden. You're the reason he is the President.I am still pleased with my vote and the outcome of our election.
Just because YOU got a stimulus check doesn't mean I did or that I allow the IRS to auto-deposit money to any of my accounts.I am not arguing any side of your so-called argument. I am stating facts--If you got a stimulus check they have had access to your accounts, same for SS or a tax return. The banking institution reports your income from your account to the IRS every year. If they want to, they can and have seized accounts in the past. You are making a mountain out of a mole hill.
Why are you trying to make it sound as if I'm denying I voted for Biden or that I have any regrets?You can't cast a vote "against" anyone. Our system doesn't work that way. If you voted for Biden, you voted for Biden - no telling who you were supposedly voting against.
Fine. Just don't go kidding yourself. You voted FOR Biden. You're the reason he is the President.
Do you think the IRS would have any problem seizing EVERYTHING you owned if they so desired? You created this by electing these dictators that want to have their fingers in every aspect of your life. It wasn't until $$$ was involved that you even cared. Lock-downs, mandatory masking, vaxxing--all of that is OK with you, but don't look into your bank account. Take your blinders off.Just because YOU got a stimulus check doesn't mean I did or that I allow the IRS to auto-deposit money to any of my accounts.
Several news outlets thought this important enough to report on it, so why aren't you telling them they're making a mountain out of a molehill?
Having the reporting thresholds drop from $10,000 to $600 is significant because that would include most working people.
Because you're doing is what a lot of people do to evade accountability. You said: "... I did get what I voted for, Trump is no longer in office", suggesting that what you weren't voting for Biden, but only to remove Trump. But that's a copout, and not true. You voted for Biden, and you're responsible (in part) for him being in power. See my sig for further info ...Why are you trying to make it sound as if I'm denying I voted for Biden or that I have any regrets?
Your bank reports interest payments made to your bank accounts every year to the IRS. If you think that there is anything happening in your financial institutions that the IRS does not know about, you are seriously naive. This is not to say I agree with the gov't over reach, but when you vote to reduce your freedoms, you get what you asked for.Just because YOU got a stimulus check doesn't mean I did or that I allow the IRS to auto-deposit money to any of my accounts.
As described, the new provision adds significantly to the level of reporting required, covering the aggregate of all deposits and withdrawals, not just interest payments.Your bank reports interest payments made to your bank accounts every year to the IRS. If you think that there is anything happening in your financial institutions that the IRS does not know about, you are seriously naive. This is not to say I agree with the gov't over reach, but when you vote to reduce your freedoms, you get what you asked for.
Don't you ever get tired of being wrong? Lock-downs, vaxxing, mandatory masking - all of that started BEFORE Biden got into office.Do you think the IRS would have any problem seizing EVERYTHING you owned if they so desired? You created this by electing these dictators that want to have their fingers in every aspect of your life. It wasn't until $$$ was involved that you even cared. Lock-downs, mandatory masking, vaxxing--all of that is OK with you, but don't look into your bank account. Take your blinders off.