TINY CRETIN GREMLIN BACKS DOWN FROM SNOOPING INTO AMERICANS BANK ACCOUNTS
Yellen Backs Down on IRS Snooping on Americans’ Bank Accounts
WELL THEY DIDN’T FULLY BACK DOWN…YET …JUST LOWERED THE THRESHOLD FROM $600 ACCOUNTS TO $10,000
CRETINS !
Yellen Backs Down on IRS Snooping on Americans’ Bank Accounts
WELL THEY DIDN’T FULLY BACK DOWN…YET …JUST LOWERED THE THRESHOLD FROM $600 ACCOUNTS TO $10,000
CRETINS !
Perhaps the objective from the day they announced it was $10K and the $600 was a trojan horse??
They may not of had an exact amount in mind but it was a trial baloon as I stated in my post about CBDC’s. They set it real low to measure the pushback and figure $10k fits in with what the banks track anyway when a 10K transaction occurs so the figure is already out there in the public mindset even though this is much more intrusive. It also will be less likely to cause a bank run of people removing and hoarding cash so the can implement their plans for a CBDC on their timeline, not as a result of a public panic.