Submission + - Yellen defends IRS rule requiring banks to report all transactions over $600 (nypost.com) 4
An anonymous reader writes: Under the proposal, banks would be required to turn over aggregate inflow and outflow numbers annually to the IRS and would cover bank accounts with at least $600 or at least $600 worth of transactions
They’ll spend trillions on bills they haven’t read but want details on how you spent $600
They’ll spend trillions on bills they haven’t read but want details on how you spent $600
Re: (Score:2)
Which financial freedoms are you losing exactly?
Re: (Score:2)
If you aren't evading taxes then this will have zero impact on you.