The more power the state gets through innocent-seeming “programs” designed the “help,” the more it thinks it has a right to do whatever it wants with your life.
At least some Republicans are trying to put a stop to the latest plan to catch tax cheats by probing everyone’s checking accounts.
According to Fox News:
Republicans in Congress have introduced legislation aimed at stopping a proposal from the Biden administration that would force banks to report every customer transaction of $600 or more to the Internal Revenue Service.
Sen. Tommy Tuberville, R-Ala., introduced the Protecting Financial Privacy Act of 2021 last week, which would “prohibit any Federal agency from requiring financial institutions to report on the financial transactions of their customers.”
Tuberville told FOX Business’ Larry Kudlow that the legislation is aimed at stopping “the Gestapo agency of the IRS” from spying on Americans through their bank accounts.
“They want everything,” the Alabama Republican said of the IRS. “They want to know how much money you got in the bank, how much you’re spending if you bought a wedding dress or a gun – they’re going to have a list a mile long on you.”
Rep. Ashley Hinson, R-Iowa, introduced the bill in the House of Representatives, saying in a statement, “The push to include this provision in reconciliation, along with $80 billion to nearly quadruple the IRS budget, is reflective of how backwards Democrat priorities are right now – we need more border agents, not more IRS agents.”