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Started By
Message
Congress wants Banks & Credit Unions to monitor all our personal deposits over $600
Posted on 9/23/21 at 2:04 pm
Posted on 9/23/21 at 2:04 pm
American Bankers Association
"The threats to privacy and the invasion of compliant taxpayers' personal financial affairs are staggering." Watch to hear Sen. MikeCrapo's take on a misguided proposal in Congress to force banks to share inflow and outflow data from almost every bank account with the IRS.
"The threats to privacy and the invasion of compliant taxpayers' personal financial affairs are staggering." Watch to hear Sen. MikeCrapo's take on a misguided proposal in Congress to force banks to share inflow and outflow data from almost every bank account with the IRS.
This post was edited on 9/23/21 at 2:06 pm
Posted on 9/23/21 at 2:07 pm to MrLSU
“For your protection”
Said every power hungry organization ever
Said every power hungry organization ever
Posted on 9/23/21 at 2:08 pm to MrLSU
Every small business needs to start accepting payment in crypto currency.
Posted on 9/23/21 at 2:08 pm to MrLSU
quote:
Congress wants Banks & Credit Unions to monitor all our personal deposits over $600
but not THEIR bank accounts i'm sure.
Posted on 9/23/21 at 2:14 pm to MrLSU
Imperial Supreme Commander Biden is just trying to look out for his kingdom.
Posted on 9/23/21 at 2:17 pm to MrLSU
Soon you'll need some kind of mark on your body to buy or sell.
Posted on 9/23/21 at 2:17 pm to MrLSU
It’s hilarious how it’s the floor amount for a 1099 to be issued.
Posted on 9/23/21 at 2:21 pm to MrLSU
I'll shown em mine if they'll show me theirs.
Posted on 9/23/21 at 2:21 pm to MrLSU
What's the problem if you have nothing to hide?
Did I do that right?
Just so I'm clear though, that was a joke and this a dumb proposal.
Did I do that right?
Just so I'm clear though, that was a joke and this a dumb proposal.
Posted on 9/23/21 at 2:21 pm to Aubie Spr96
quote:
Every small business needs to start accepting payment in crypto currency.
Why do you want to hand all that data right into the NSA's hands?
Posted on 9/23/21 at 2:23 pm to MrLSU
Like they don’t have the info already. Come on.
Posted on 9/23/21 at 2:24 pm to MrLSU
This is going to hamper OTer's efforts to obtain a million dollars in 24 hours.
Posted on 9/23/21 at 2:25 pm to MrLSU
Bank accounts are white privilege
Posted on 9/23/21 at 2:30 pm to Meauxjeaux
I can't help but think if we see theirs that would be very surprising.
Posted on 9/23/21 at 2:32 pm to notsince98
BitCoin isn't the same as a CBDC. It currently can't be traced or inventoried. Cash would also be acceptable.
Posted on 9/23/21 at 2:36 pm to MrLSU
Doesn’t this already happen with deposits over $10,000 or something? If so, what’s the issue?
Posted on 9/23/21 at 2:36 pm to Aubie Spr96
quote:
Every small business needs to start accepting payment in crypto currency
Yea those are easily monitored also
Posted on 9/23/21 at 2:37 pm to c on z
quote:not that i necessarily agree with this happening for 10k, but do you really not see the difference between 600 and 10,000?
Doesn’t this already happen with deposits over $10,000 or something? If so, what’s the issue?
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