I don’t think that people with $600 are the ones cheating on their taxes…
Yellen on $600 IRS reporting requirement: ‘There’s a lot of tax fraud and cheating that’s going on.’
So why do you think the government is so interested in your $600 bank account, particularly when most Americans can’t even handle an unexpected $500 expense? Could this simply be an excuse to expand government oversight and control of our lives? Perhaps it’s a sign that they intend to tax those with $600 for the benefit of those who don’t?