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The Biden Admin is about to start monitoring all our bank accounts and somehow this isn't a major topic of conversation even on the right (media.conspiracies.win)
posted 4 years ago by axolotl_peyotl 4 years ago by axolotl_peyotl +121 / -1
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▲ 6 ▼
– ClownTamer 6 points 4 years ago +6 / -0

Aside from trying to operate on cash, any way around it if it passes? This is one of the worst things ever for self employed people and small businesses. Since the left already uses the IRS to target people as well, I can easily see them going after anybody that’s not a registered D more often for shit like this.

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– deleted 3 points 4 years ago +3 / -0
▲ 3 ▼
– GlamourSpork 3 points 4 years ago +3 / -0

My mom and I were talking about it. She's been operating on cash for a while but I know I can't where I live. She said she will just make multiple payments on things and big purchases will need to be made privately.

My problem is that my rent is required to be paid online. I guess I'll see if I can knock it into multiple transactions, though I doubt it. I have no debt but do use a credit card that I pay off every month. I will just have to pay it over multiple days on smaller payments.

My big purchases are typically computer hardware and microphones and if I put those on the card and make smaller payments that might avoid the triggers. I know they spy on everything and it's frustrating.

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▲ 2 ▼
– ClownTamer 2 points 4 years ago +2 / -0

My problem is that I think they’re just going to monitor everybody even if you don’t make $600 transactions on Venmo and such. I guess in theory I might be able to use Venmo and PayPal and such as a bank, and pay off credit cards directly with them. Think that could get around the flags too? I’ve had lots of money in those places anyway.

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▲ 1 ▼
– GlamourSpork 1 point 4 years ago +1 / -0

Isn't PayPal considered a bank?

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▲ 1 ▼
– ClownTamer 1 point 4 years ago +1 / -0

Reading up on it, apparently not, but I’m not sure how the IRS will handle that.

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