IRS would track all bank transactions over $600 under Biden plan;...

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2021-09-27 01:09:04 -

https://justthenews.com/nation/states/irs-would-track-all-bank-transactions-over-600-under-biden-plan-businesses-revolt

IRS would track all bank transactions over $600 under Biden plan; businesses revolt

A letter signed by more than 40 trade associations calls on Congress to reject the proposal, saying it violates customer privacy and would create an incredibly expensive and elaborate reporting requirement for banks.

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