This week I wrote an article for Breitbart regarding the federal government’s efforts to make your local bank an agent of the IRS by forcing them to report your personal transactions.
Here’s an excerpt of the article:
"It seems you cannot open a newspaper today without finding another new mandate or regulation being proposed by the Biden administration, all intended to take more power from the American people and give it to Washington.
President Biden and Democrats in Congress now want to force your bank or credit union to report any and every transaction of $600 or more to the IRS. This action is a huge leap from the current requirement to report transactions of $10,000 or more and is textbook government overreach. One purpose of the initiative is to capture more money from Americans to pay for the record $3.5 trillion Democrat socialist spending spree."
We cannot allow this type of bill to pass. I’m holding the line here in Congress to ensure that your privacy is protected.
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P.S. If you want to read the rest of the Breitbart article, click here [link removed]
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