Birdwatch Note Rating
2021-10-14 12:27:10 UTC - HELPFUL
Rated by Participant: 62CA38EE94AC8F23D0B4F3ED5AD6CB079C7A0C68FD9C03CB17ABD72835B67032
Participant Details
Original Note:
The new rule proposed does allow the IRS to watch every single transaction in every bank account for $600 or more. The administration plans in hiring thousands of new IRS agents to police it https://news.yahoo.com/irs-track-bank-transactions-over-140000522.html https://www.forbes.com/sites/irswatch/2021/04/28/banks-will-be-required-to-report-account-balances-account-outflows-and-inflows-to-irs-under-new-biden-plan/?sh=78c27ca12bfc https://www.politico.com/news/2021/05/20/irs-funding-boost-489830
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