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*Warning!!! Biden's Snooping* The IRS Is Hunting You

*Warning!!! Biden's Snooping* The IRS Is Hunting You | THOSE WITH BANK ACCOUNTS OVER $600! THE IRS GETS ACCESS TO TO ALL OF IT, TO MONITOR YOUR FINANCIAL RECORDS AND SPENDING HABITS. | image tagged in memes,politics,600,bank account,irs,access | made w/ Imgflip meme maker
406 views 10 upvotes Made by 1forpeace 3 years ago in politics
14 Comments
[deleted]
2 ups, 3y,
2 replies
Isn't that literally their job?
2 ups, 3y,
2 replies
Shouldn't be their job. . .PERIOD!
1 up, 3y
Someone who understands.
[deleted]
0 ups, 3y
..... the Internal Revenue Service shouldn't be in the business of enforcing tax law? Have I understood your objection?
1 up, 3y,
1 reply
Not now through our bank accounts.
[deleted]
2 ups, 3y,
1 reply
Doesn't the bank do that now and then report to the IRS on their behalf?
1 up, 3y,
1 reply
No, our bank records are our personal property now.
[deleted]
2 ups, 3y,
1 reply
Hahaha WHAT?! How do you think laws against money laundering gets enforced? Your bank monitors ALL your activity looking for something suspicious.
2 ups, 3y,
1 reply
Money laundering usually has a court order to do it.

And I'm not talking about the bank monitoring your account, I'm talking about the IRS doing it for the government. I believe it's called invasion of privacy.
[deleted]
2 ups, 3y,
1 reply
The bank does that now. You don't have privacy on your bank account, technically the bank owns it and they HAVE to report anything suspicious to the IRS otherwise they get hit with heavy fines for complicity.
1 up, 3y,
1 reply
I believe you're talking about the withdraw limit of $10,000. Yes if you withdraw $10,000 or more at one time the government is contacted, but I don't believe it's the IRS.
[deleted]
2 ups, 3y,
1 reply
No. I'm not. At all. Your bank has to monitor EVERYTHING you do with your account. I'm saying that we're literally arguing over whether it's your bank who monitors your transactions or the IRS. Either way, the IRS finds out anyway.

I mean, the fact that you weren't aware of this is a sign that you're not a money launderer so this legislation would affect you not at all. But it really is about whether the bank is the middle man to the IRS or if the IRS should do the work themselves.
0 ups, 3y,
1 reply
If there is suspicious activity with your bank account the courts will give a court order. And of course your bank monitors everything, they're the ones responsible for your money.

The IRS also has information through your tax report, but why would you want to increase the number of federal employees? Because you know benefits go along with the salaries. And federal employees are rarely fired...so we'll all be paying for that action, as will be our children, and grandchildren, Does that make sense?
[deleted]
0 ups, 3y
Yeah, AFTER THE BANK REPORTS THE SUSPICIOUS ACTIVITY
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    THOSE WITH BANK ACCOUNTS OVER $600! THE IRS GETS ACCESS TO TO ALL OF IT, TO MONITOR YOUR FINANCIAL RECORDS AND SPENDING HABITS.