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Even House Democrats Think Emperor Biden’s $600 IRS Bank Spying Plan Is Bonkers So They’re Proposing a New Number

by JD Rucker
September 27, 2021
in Opinions
Even House Democrats Think Emperor Biden's $600 IRS Bank Spying Plan Is Bonkers So They're Proposing a New Number

NOQ Report Is Moving to AmericaFirstReport.com

Joe Biden wants to know how much money is coming in and out of your bank accounts. His plan is to require banks report all transactions of more than $600 whether coming in or going out. It was billed as a way to fight tax evasion, which is ironic since Biden himself was accused of evading his own taxes last week. But the truth is the regime wants to keep tabs on everyone’s money to make sure nobody has any the government can’t get their grimy fingers on.

According to Katabella Roberts from our premium news partners at The Epoch Times:

Democrats have said they plan to raise the threshold of President Joe Biden’s radical proposal that all bank transactions of more than $600 be reported to the Internal Revenue Service (IRS).

The initial proposal (pdf)—which Biden says is aimed at curbing tax evasion—would require banks and other financial institutions to report to the IRS any deposits or withdrawals totaling more than $600 annually to or from all business and personal accounts.

The new reporting requirement would take effect in 2022 and would apply to both private individual and commercial business accounts owned by a taxpayer.

But House Ways and Means Chairman Richard Neal said Thursday that he and other Democratic leaders are planning to scrap the $600 annual figure and set a higher threshold, of which the details are still being worked through.

“We’ve reached an agreement to not have the $600,” Neal told Bloomberg. A Democratic aide noted that they are focusing on increasing the current threshold to $10,000 but said that this figure could well change.

The huge gap between what the Biden-Harris regime wants and what Democrats in the House will be proposing tells us just how outrageous the original plan is. This is financial spying, nothing more. They want us to believe it’s only about tax evasion, but they will never mention the other risks of having our purchases and receipts monitored by Big Brother.

As government grows to gargantuan levels, it’s clear the nanny state is quickly becoming the police state. Giving such forced visibility to the IRS means the reporting burden on both banks and the agency will expand. The bigger problem isn’t with today’s IRS, though. The real concern is how this data can be weaponized by a near-future IRS that operates within the rapidly forming police state.

To say we’re seeing the formation of Big Brother would be an understatement. Even George Orwell couldn’t imagine the draconian future that is being built right before our eyes.

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Yes, We Need Your Help

I hate being “that guy” who asks people to donate because I think our conservative news network is so crucial, but here I am…

When I left my cushy corporate job in 2017, I did so knowing that my family would have to make sacrifices. But I couldn’t continue to watch the nation slip into oblivion and was inspired by President Trump’s willingness to fight the good fight even at his own personal expense. What I didn’t realize then is that conservative media would be so heavily attacked, canceled, and defunded that the sacrifices would be extreme.

Many in this nation are struggling right now even though we weren’t struggling just a few years ago. I’m not alone. But I wake up every morning and operate the sites we’ve been able to build because there’s really no other choice. I refuse to be beholden to Big Tech like so many other conservative news outlets, which is why you won’t see Google ads here. With that said, it’s often challenging to pay the bills and it’s even harder to expand so we can get the America First message out to a wider audience.

The economic downturn has forced me to make a plea for help. Between cancel culture, lockdowns, and diminishing ad revenue, we need financial assistance in order to continue to spread the truth. We ask all who have the means, please donate through our Giving Fuel. Your generosity is what keeps these sites running and allows us to expand our reach so the truth can get to the masses. We’ve had great success in growing but we know we can do more with your assistance.

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I would even be willing to entertain investments and partnerships at this stage. I’ve turned them down in the past because editorial purity is extremely important. I’ll turn them down again if anyone wants us to start supporting RINOs or avoid “taboo” topics like voter fraud, vaccines, or transgender supremacy. But I’d talk to fellow America First patriots who want to help any (or all) of our 10 news sites. Hit me up at jdrucker (at) substack (dot) com if you’re interested.

For those who have the means and just want to help keep the mission of spreading a conservative, Christian message to the nation, please consider a generous donation.


Covid variant BA.5 is spreading. It appears milder but much more contagious and evades natural immunity. Best to boost your immune system with new Z-Dtox and Z-Stack nutraceuticals from our dear friend, the late Dr. Vladimir Zelenko.

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