I find this very disturbing. I'm an old lady and spend over $600/mo just on my medicines. Will that alert them to my elimination? They need to know if I need a new fridge or stove?
Heard just now Eilz Warren saying its legal because people get W2s but does Gates, Zuckerberg, Cuban, Hunter...do they get W2s every year?
This is ass backwards because W2 deals with income (which is taxed) and what IRS is to track our expenses for which we pay tax on at purchase.
It is so unfair that the poor average citizen be penalized for the injustice of the Rich. Hang in there. It's all about to change. God is going to show his hand and life will be much better. The tables will turn and the tide will change and for once, the Rich will get their just reward. It won't be the reward what they are expecting tho. Haha.
Thank you for always having a positive outlook.
I always try, thank you. Sometimes I may get a little down and out, but then I have to stop and take a look at the world, and realize that there is someone out there who is a bit worse off than I am. It always makes a person grateful to God for what we have. And we can not EVER forget to pray for those in need; this is what God calls us to do. Amen.
Make small withdrawals and pay cash.
I called them, and my bank. Told them to mind their own affairs. And that I will sue them if either do this.
Funny that an average gun costs about $600.
Laughs in P80/80% lowers
Irs needs abolishing. Hate to say it, but Y'all are getting a taste of what us expats have had to deal with since the obama years and FACTA came into being.
"W2 deals with income (which is taxed)"
exactly
Should we also have to report our bank passwords??
I just called my credit union and they didn't have a clue what I was talking about. This is not set in stone, correct?
Its supposed to be effective 11/1. My credit union fills out an 'incident report' to IRS if I withdraw over $2,000. Saw them filling out the form right in front of me at window.
I believe it is banks having to report direct to the IRS transactions over $600? So it would not be the citizen. but the bank. And the small banks hate this, because what the hell? The paperwork alone!!!!
Banks have been reporting 'incident reports' to IRS all along for withdrawals of over $2,000. But $600 is crazy......I spend that in a month at Costco. And with the holidays coming?
I don't get a w2 every year