Birdwatch Note Rating
2021-10-13 15:54:25 UTC - HELPFUL
Rated by Participant: D495A24CC6ADC62B934161DD4C6858267A44C74E46B6C0A066732ADD482C51A6
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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