Birdwatch Note Rating
2021-10-14 12:26:02 UTC - HELPFUL
Rated by Participant: 8683493C29AFCC5B23E414C7F3E46E71654976E8E384D3EB591D72C2E783DE03
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
All Note Details