Thursday, November 11, 2021

Truth About the Build-Back-Better Banking Regulation

IRS already know how much wage-earners make because of W-2's. For people who earn their money in other ways, it isn't so easy and that's where the largest offenders of our tax laws operate. The Build-Back-Better legislation modestly expands the IRS purview to include the annual gross in-flows and out-flows of  large bank accounts.

The right-wingers are drumming up scare stories about this and of course lots of people are biting the hook. Don't be taken in by the lies.

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