Remember the good old days when our sexual life, medical history, and finances were private?
These days you have to be open about your gender pronouns, vaccination record, and soon enough how much money you have sitting in the bank.
Biden’s new communist Build Back Better bill will not only cost trillions of dollars but will allow 89 thousand new IRS employees to track your banking activity.
Watch as the story develops:
Biden’s Build Back Better plan includes $80B in funding to hire 87,000 more IRS agents to spying on your bank account.
Do u ever put cash in your bank accounts? Now if ur total transactions >$10K over a yr (eg your pay is deposited there), the IRS will demand to know its source pic.twitter.com/ZFct2hbNsu
— John R Lott Jr. (@JohnRLottJr) November 28, 2021
The Build Back Better plan includes a bit about spying on our banks accounts if they ever have more than $600 in them over the course of an entire year. Think of this before you demand Democrats pass it. No matter what they claim, it's to nickel and dime poor people.
— Logical Atrophy (@realfrostylady) October 17, 2021
The mileage tax and IRS spying on your bank accounts in the #BuildBackBetter bill are targeted attacks on the working class and poor.
— Steve- living in dystopian times (@abetterworld98) November 3, 2021
If passed, Biden’s Build Back Better bill would be atrocious for the middle class and poor.
Which is completely in line with leftist policies but has seriously crossed the line this time around.
While President Trump did everything in his power to eliminate regulation and cut bureaucracy Biden and the democrats want to give the government even more power.
Big brother or should I say Big Poopy-pants Biden is watching you and your bank account.
Here’s Fox News with the full scoop:
A Republican congresswoman from South Carolina says President Biden’s Build Back Better plan includes $80 billion in funding to hire some 89,000 more IRS agents who will be tasked with “spying” on Americans’ bank accounts like socialist countries around the world do.
Rep. Nancy Mace, R-S.C., reacted in an appearance on Fox News Channel’s “Sunday Morning Futures” to the highly contested IRS funding stipulation added to the Build Back Better Act.
“It’s wrong. Eighty billion for 89,000 more agents to spy on our bank accounts. This isn’t America,” Mace, representing the Lowcountry Region, said. “This kind of thing has been tried in socialist countries elsewhere. It does not work. And the fact that we’re going to continue to do this rather than reform our tax policy to make it more friendly and easier to use – either a flat tax or a consumption tax – we’re going to hire all these agents to spy on our bank accounts. It’s un-American.”
Yep, you read that right; 89,000 new IRS employees.
Honestly, have the democrats run out of ideas on why they need to print more money?
Now it’s about hiring more government agents?
Here’s more from the story on why exactly this is an awful decision:
“Republicans have a lot to run on next year, but the problem is going to be, ‘How do we reverse this bad policy if it goes through and gets passed?’” she added.
The Build Back Better Act’s investments in the IRS include $80 billion to hire some 87,000 more IRS agents, which would result in an estimated 1.2 million additional audits each year. Nearly half of the audits would impact families earning less than $75,000 a year. One quarter of the audits would affect Americans earning $25,000 or more per year.
Mace predicted that the Build Back Better plan will only increase inflation, arguing that socialist spending will incentivize people not to work, worsening supply chain issues and raising taxes for average Americans already facing increased prices for groceries, gas and other goods.
Those results will hand Republicans sweeping victories in the 2022 midterm elections, Mace predicted, arguing the GOP will gain as many as two dozen more congressional seats. But she says once Republicans do regain the majority, they’ll be tasked with undoing the Build Back Better Act’s damage should it get passed by Senate leadership this week.
“This is a global effort. There’s something called ‘Build Back Better’ going on around the world. This is about social spending, providing social safety nets and paying people,” she said. “One of the reasons why inflation is going to get significantly worse is because of the greater spending we have through ‘Build Back Better,’ through other COVID-19 relief programs. Spending we’ve done in the past. Taxes are going to go up. That will also affect inflation, I believe, until Republicans are in the majority in 2022.”
So good news, bad news.
The good news is what we’ve known all along that the democrat spending spree has left hundreds of millions of Americans demanding answers from Biden.
Why are gas prices up, why is inflation so high, why are you still in office?
This along with Biden’s low approval rating will inevitably lead to dozens of new Republican seats in congress and a huge red wave come 2024.
The bad news is Republicans are going to have a hard time reversing the decision especially with a few traitors still lurking around… not naming any names but he looks like a turtle.