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I hope everyone understands what it means if this passes. - As soon as something like this passes,

Posted: Sep 27th, 2021 - 5:52 am In Reply to: Biden's tax proposal targets bank accounts with more than $600. 'That's - NOT for the wealthy. That's for EVERYONE.

there will be an immediate run on the banks, which will cause an instant collapse in what little is left of our economy and/or drive people into cryptocurrency.

The dollar will become worthless literally overnight. That $600.00 will be worth more like $6.00.

And there will be no way to reverse it.

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Biden's tax proposal targets bank accounts with more than $600. 'That's - NOT for the wealthy. That's for EVERYONE. (Views: 283, 2021-09-27, 5:50 am)
- I hope everyone understands what it means if this passes. - As soon as something like this passes,
- I don’t understand this - Financially challenged (Views: 180, 2021-09-27, 11:19 am)
  - It's like this. Biden's US Treasury Dept/IRS is given - authority to track financial transactions of (Views: 141, 2021-09-27, 11:43 am)
    - Yes, they will follow all your transactions. I personally - transfer money from my account (Views: 124, 2021-09-28, 7:00 am)
      - And, they will track it if you transfer money from your own - accounts, savings to checking, (Views: 116, 2021-09-28, 7:08 am)
        Transfers - Financially challenged (Views: 161, 2021-09-28, 8:09 am)
        Not true. YOU cannot speak for every bank - And what YOU post is not accurate (Views: 146, 2021-09-28, 10:28 am)
        The post is not about how many transfers you make, - it's about the amount of the transfer. (Views: 114, 2021-09-28, 11:31 am)
        If your bank only allows 5 transfers, then I suggest - only doing 125 at a time, keep it under (Views: 105, 2021-09-28, 11:53 am)
      - What’s really goin on is an attempt to tax every penny - from people and to spy on them. (Views: 112, 2021-09-28, 11:42 am)
    - Banks can track credit-card and debit-card spending, and - can pass this information on to gvts (Views: 107, 2021-09-29, 6:07 am)
    - That bill calling for hiring all those IRS agents also - creates a “Climate Corps,” AKA (Views: 109, 2021-09-29, 6:46 am)
- I received a link from my bank to sign a petition to - oppose this. Banks are against (Views: 130, 2021-09-27, 11:47 am)
- Even House Democrats Think Emperor Biden’s - $600 IRS Bank Spying Plan Is (Views: 150, 2021-09-27, 11:51 am)
  - It hasn't passed yet - Financially challenged (Views: 172, 2021-09-27, 12:20 pm)