Joe Biden proposed a plan whereby the IRS would have access to everyone’s baking records if they have $600 in deposits or purchases PER YEAR! That would include even the poorest Americans. The explanation the Dementor in Chief says it’s about getting the goods on the rich who are not paying their taxes. They are now floating a $10,000 limit. My rent exceeds $10,000 a year and that does not include cable, electricity, and food.
I don’t know about you, but I do not want the IRS snooping on my bank account and I have done nothing wrong. If you pay $875 dollars a month for rent or earn $875 a month, they have access to all of your financial records. Face it, we now live in Nazi America. If you have a job, the IRS can spy on you. If you are a concerned parent, you are a domestic terrorist. If you disagree with the Democratic Party, you are a threat to democracy.
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Ten grand is about how much you make working full-time in New York City on the minimum wage for four months, for eight months at the federal rate. It’s the average annual rent in West Virginia (the least expensive in the country), and less than half the average price paid for used vehicles in 2020. What $10,000—let alone $600—most decidedly is not is the preferred level of annual transactions among the tax-avoidant rich.
Yet that is how this surveillance is being sold on the left.
“Strengthening information reporting, as well as providing protected and sustained I.R.S. funding, would ensure that we focus enforcement on the biggest fish,” Sen. Elizabeth Warren (D–Mass.) claimed to The New York Times, presumably with a straight face.
If you were really after the rich, the cutoff point would be at $250,000 a year. So, why do you suppose they want access to everyone’s accounts? They realize that tax the rich will not bring in enough money. They need to tax the poor and the middle class too. The IRS has the power to freeze your bank accounts. Biden’s spending plan includes $80 billion dollars in additional funds for the IRS. What’s next? Will we have too report our bedroom activities with names and activities we engaged in?
How about a water tax for people who go to the bathroom more than normal? With Democrats in charge, it will never end.