In letters to lawmakers, the administration officials again asked Congress to require banks to report annual inflows and outflows from bank accounts with at least $600 or at least $600 worth of transactions, a proposal aimed at letting the IRS target its audits more effectively.
Politics
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Yellen, IRS push Democrats to require banks to report annual account flows.
Sep 17, 2021, 6:44 PM
Scratch a democrat and Josef Stalin appears. This is a perfect example of why a cash society is a free society and a card/crypto/venmo society is china, russia and north korea. Never forget that the nazis were socialists.