Taxes

Biden's Plan To Crack Down on Tax Cheating: Snooping on Everyone's Bank Accounts

The president says the IRS needs just two bits of information: all the money that goes into your bank account, and all the money that comes out.

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In order to make sure the rich are paying their fair share in taxes, President Joe Biden says the IRS just needs two bits of information: all the money that goes into your bank account, and all the money that comes out.

That's how Biden pitched his plan for a more comprehensive financial surveillance state—all to catch those nasty tax-cheating rich folks, of course—during a speech from the White House on Thursday afternoon.

The plan "will give the IRS the resources it needs to keep up with the lawyers and accountants of the super-wealthy. It would ask just for two pieces of information from the banks of these folks: the amounts that come into their bank accounts and what amounts go out of their bank accounts," Biden said. Right now, he added, "the IRS can't see what they're making, and can't tell that they're cheating."

Thankfully, he stopped short of using the "If you've got nothing to hide…" cliché.

Still, Biden's framing of this plan to beef up IRS enforcement with an additional $80 billion in funding is wildly off-kilter. As I wrote in April, giving the IRS more information about the inflow and outflow of bank accounts won't automatically tell the IRS that someone is hiding unreported, taxable income. But it gives the federal tax cops another way to establish probable cause for a financial stop-and-frisk.

The details of Biden's plan are far different from the innocuous-sounding description he used Thursday.

"The administration's proposed 'comprehensive financial account reporting regime' would dramatically increase the types of financial institutions and transactions exposed to the feds' prying eyes," Reason's Matt Welch recently wrote. "The new domestic surveillance program, which requires congressional approval, is one prong of a tripartite strategy for transforming the entire global financial system into a harmonious, haven-free collection funnel to the IRS."

Closing the so-called "tax gap" and making sure everyone pays what they owe is a crucial part of how Biden and congressional Democrats plan to pay for part of the budget-busting $3.5 trillion reconciliation bill curring being crafted by the House. The $700 billion that will supposedly come from stepped-up tax enforcement was the largest single funding source for Biden's American Families Plan when he outlined it earlier this year (though Congress could make significant changes before the bill is finalized).

It is disingenuous to suggest, as Biden did Thursday, that letting the IRS peep at your bank records is about ensuring "that the wealthy can no longer hide what they're making, and they can finally pay the fair share of what they owe."

As the details of his proposal make clear, enhanced tax enforcement will mean hoovering up more data from crypto wallets, bank accounts, and third-party payment providers such as PayPal and Venmo. And that comes after Biden already ordered the IRS to give greater scrutiny to transactions in the so-called sharing economy.

Biden is pitching this plan as a way to go after the wealthy people who can afford tax lawyers and accountants. But as always, the people who can't afford those things will probably bear the brunt of the new rules.

"I'm not out to punish anyone. I'm a capitalist," Biden said Thursday. "All I'm asking is that you pay your fair share."

All he's really asking is the end of financial privacy for millions of Americans.

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  1. Reason voted for Biden!

    https://reason.com/2020/10/12/how-will-reason-staffers-vote-in-2020/

    It’s right there! Out of 30 people, 3 voted for Biden and 1 voted for Trump!

    That’s a 3:1 ratio!

    1. It’s right there! 18 people voted Libertarian or not at all! Those were all votes for Biden! All but one Reason employee voted for Biden!!11!!!!!!!

      1. You voted for Biden. You know it. We know it. Just admit it, screetch.

        1. It’s not often that I meet someone who is as stupid with math as you. How do you pay your bills? Do you have a woman who wears the pants in the household?

          1. This from the retarded cunt who literally can’t count to 6. Jesus fuck bro.

            1. Hi Tulpa!

              1. Hi retard!

                  1. Did the Dead Milkmen vote for Biden too, zooboy?

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      2. Yep, you still don’t understand (a) why people voted for Trump, (b) why readers here are so pissed about the TDS at Reason, (c) that Biden is worse than Trump, (d) that this was known well before the election.

        You can vote by principles, or you can vote pragmatically for the lesser of two evils. Votes for Biden were neither, they were only TDS on display. And that is (e) which you never will cop to being real.

        1. Do you value democracy? Has Biden ever conspired to thwart and destroy democracy?

          https://www.salon.com/2021/04/11/trumps-big-lie-and-hitlers-is-this-how-americas-slide-into-totalitarianism-begins/
          Trump’s Big Lie and Hitler’s: Is this how America’s slide into totalitarianism begins?

          The above is mostly strictly factual, with very little editorializing. When I post it, the FACTS never get refuted… I only get called names. But what do you expect from morally, ethically, spiritually, and intellectually bankrupt Trumpturds?

          1. Do you remember all the Burn Loot Murder riots over the summer, where several mayors literally gave control of sections of their cities to rioters?

            Jan 6th was small potatoes.

              1. Start making money this time… Spend more time with your family & relatives by doing jobs that only require you to have a computer and an internet K access and you can have that at your home. Hax Start bringing up to $65,000 to $70,000 a month. I’ve started this job and earn a handsome income and now I am exchanging it with you, so you can do it too.

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            1. And before you say Trump vs Biden, those rioting cities were mostly Democrat-controlled, and Biden supported them because he’s a loyal Democrat.

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          2. And jeez, anybody who references Salon for anything is a gullible idiot.

            1. I noticed that you refuted NOTHING that they (Salon) said!

              Meanwhile… Would you rather have some rioters steal your fancy sneakers and your TV, or… Steal your democracy?

              https://www.theatlantic.com/ideas/archive/2021/07/theres-word-what-trumpism-becoming/619418/
              There’s a Word for What Trumpism Is Becoming
              The relentless messaging by Trump and his supporters has inflicted a measurable wound on American democracy.

              “The conversion of Ashli Babbitt into a martyr, a sort of American Horst Wessel, expresses the transformation. Through 2020, Trump had endorsed deadly force against lawbreakers: “When the looting starts, the shooting starts,” he tweeted on May 29, 2020. Babbitt broke the law too, but not to steal a TV. She was killed as she tried to disrupt the constitutional order, to prevent the formalization of the results of a democratic election.”

              1. I KNOW RIGHT?

                Remember that time Trump’s lawyer was indicted for feeding false information to the FBI to trigger an investigation, and then lied about who he worked for? All in order to damage his opponent.

                That was terrible that Trump did that.

                Oh, wait….

                1. Find USA Online Jobs (800$-95000$ Weekly) safe and secure! Easy Acces To Information. Simple in use. All the Answers. Multiple sources combined.GRc Fast and trusted. Discover us now! Easy & Fast, 99% Match. ..

                  Here………… Pays24

              2. Notice how as soon as starts drowning he brings in his “HEY LOOK OVER THERE A SQUIRREL!” sock to divert attention and change the subject?

              3. I’m sure the thousands of business owners and the dozen or so dead people share your concern.

                Anyone who thinks Jan 6th had any chance of doing any damage at all to elections or democracy is a damned fool. Especially when mayors actually, literally, gave the rioters control of sections of their cities. How’s that for democracy and subverting government? It actually happened, for weeks at a time, as compared to a few hours of rioters putting their feet up on Nancy Pelosi’s desk.

                Anybody who thinks Jan 6th was worse than thousands of burned businesses and all the injured and dead is a double dealer hypocrite.

                1. Portland etc. voters have themselves largely to blame for voting for soft-on-politically-correct-criminals-types, for City Hall and for Mayor. What did the NATION-WIDE voters do to deserve Trumpanzees gone apeshit having themselves a little insurrection? May I remind you that Trump got elected, not because of a simple numerical majority of voters, but because of the perversities of the Electoral College?

                  1. And yet the electoral college will never be as perverse as the images you hide on your laptop

                  2. You too?!? There was no national popularity contest. There were 50 separate popularity contests, and Trump played by those rules, not yours. Every sports league I have ever heard of plays by those rules — the champions are those who won the most games, regardless of total runs, points, or anything else.

                    Did every Portland voter vote for BLM? I’d bet very few did. How about every single one of those other cities? How does that differ any from Trump winning? And what makes you so damned sure that Trump instigated the Jan 6th riot? If he did, he’s possibly the most inept riot instigator in history, since EVERY SINGLE ONE of the summer BLM riots did more damage.

                    1. Not a one single one of the summer BLM riots threatened to replace nationwide democracy with mobocracy, as did the Trumpanzees gone apeshit!

                1. Devine wasn’t as big a lunatic as Sqrlsy.

                  1. Hey faggotty faggot homo!
                    Poopity poopy poop head!
                    Nanny nanny boo boo!
                    Is there an adult in the room?

              4. “I noticed that you refuted NOTHING that they (Salon) said”

                Every single bit of it was obvious lies from top to bottom, and it was so incoherent that it was self-refuting.

                Of course, for someone like you who pushes Nazi-style Big Lies, like your Jan 6 Reichstag Fire, the constant dishonesty and gaslighting is the feature, rather than the bug.

                1. Nothing from Salon is even worth reading, let alone refuting. Anyone who’d believe anything in Salon wouldn’t listen to any refutation anyway.

                  1. I see that ALL of ye Trumpturds refute ALL web sites that you don’t like, by name-calling and NOT reading the cited material! Wow, counting ALL of the web sites that you have refuted, by NOT reading them, you must know EVERYTHING by now! I wish I could be All-Knowing like You!

                    1. You know Trump’s base are evangelicals correct? These are people who believe in a literal interpretation of the Bible. Meaning they think Noah’s ark happened, Adam & Eve existed. They believe in the whole fantasy that there was a guy (GOD) that sacrificed himself to himself to create a work-around for rules he created in the first place.

                      Most of these folks have an authoritarian world view by virtue of their belief system. They view God as the only path to salvation and nothing in this world matters. On a smaller scale they believe in whatever nonsense there pastor teaches and on a larger scale see Trump as a figure put in place by God and thus more or less infallible. If data and evidence mattered to them they would not be evangelicals in the first place.

                    2. Ya got it, Kefka!

                      Trump is the Chosen One… https://www.bbc.com/news/av/world-us-canada-49429661

                      President Trump: ‘I am the chosen one’

                    3. I for some reason cannot reply to the last post, but SQRLSY I think you should focus on the fact that evangelicals are Trumps base (remember atheists are a large portion of Libertarians). That is how you should go about attacking against Trump and his base.

          3. “Do you value democracy?” — HELL NO!!!!!!!!!!!!!!!!!!!!!!!

            Democracy is EXACTLY HOW we got to where we are today.
            Stupid freak-en idiots who think the USA is but a Nazi-Democracy..

            The USA is a Constitutional Union of Republican States (PERIOD!!!)..
            That is what it is; any change to that is an act of treason against the USA… And by golly if we don’t have a Nazi-Regime in the making.

            Because people like you are too d*mn ignorant and stupid to educate yourselves about what the USA *really* IS.

            1. And as far as Salon d*mbshits go……
              Do you value integrity in your representative elections???
              That’s the question. Leftards love to spin faulty narratives.

              1. Model TJJ2000 Dictatorbot, WHEN are you going to stoop so low as to answer the questions of the lowly peons like me? WHICH is the One True Party of the USA (the world? The galaxy? Whatever it is that you want to rule)? WHAT should be the penalty for wanting to follow a WRONG party? WHY do you NEVER answer simple, basic questions?

                https://reason.com/2021/01/18/carjacker-beaverton-mom-kid-waiting/#comment-8710844

                Model TJJ2000 Dictatorbot believes that the USA already is (and should be) a 1-party dictatorshit! That the USA HAS BEEN a 1-party dictatorshit for some 200 years!!! There is NO point in trying to persuade the Model TJJ2000 Dictatorbot of ANYTHING! Almost ALL of the circuits of the Model TJJ2000 Dictatorbot have gone kaput, big-time!

                Model TJJ2000 Dictatorbot is lusting after an UPGRADE to its rusting old body! Wants to be upgraded to Model TJJ20666 Dictatorbot, and run for POTUS in 2024, with Alex Jones as the VEEP of Model TJJ20666 Dictatorbot!!! Be ye WARNED!!! Model TJJ20666 Dictatorbot will be well-nigh INDESTRUCTIBLE! (Unreachable by ANY logic or considerations for the freedoms of others, MOST certainly!)

                PLEASE do NOT enable the lusting of the rusting TJJ20000 Dictatorbot!!!

                1. Just like a d*mbass bully leftard; when the TRUTH gets presented all you can counter it with is mockery. Try THINKING instead of BULLYING.

                  1. Model TJJ2000 Dictatorbot would never DREAM of taking back the way-wrong LIES of Model TJJ2000 Dictatorbot, let alone apologizing… ’cause Model TJJ2000 Dictatorbot’s EGO is WAAAAY too large!

                    “Infallible” egos THIS large lead straight to evil!

                    To understand evil better (and to see that it SURE doesn’t lead to blessedness or happiness), read M. Scott Peck, “People of the Lie, the Hope for Healing Human Evil”, https://www.amazon.com/exec/obidos/ASIN/0684848597/reasonmagazinea-20/
                    People who are evil attack others instead of facing their own failures. Peck demonstrates the havoc these people of the lie work in the lives of those around them. He presents, from vivid incidents encountered in his psychiatric practice, examples of evil in everyday life.

                    1. THINK dumb*ss THINK…. You do have a brain don’t you?

                    2. I am thinking, and I am thinking that Model TJJ2000 Dictatorbot has unrestrained power-lust and ego! As the evidence shows!

                    3. The power-lust to defend the USA as defined over a Democratic-Nazi-Regime? Yeah; you got me there…. Those horrible USA Patriots trying to prevent a Nazi (def; National Socialism) take-over…. Oh my; the ego of it all… /s

          4. Yes and frequently yes. Actively, now.

            Salon is not a credible source for anything. Even CNN is more reliable.

            1. I noticed that you refuted NOTHING that they (Salon) said!

          5. Actually he did.

          6. The only people I see trying to steal my liberty are democrats. The perception of a stolen election comes from the process of the election itself. When millions of Americans went to bed on election night ,they were told that the counting in the key states had been stopped and poll workers were sent home and Trump was winning handily. When they awoke the next morning Biden was winning and apparently the counting had continued. This is akin to someone who is winning a game of checkers and they get up to go to the bathroom, but when they come back all of their opponents checkers have been kinged and you have only one checker left. Hell even democrats have admitted to believing the election was stolen but didn’t care as long as their side won. People believe the election was stolen, because it looked like it was stolen. Mainly because the people in charge of the election process were sloppy. Now if you want to get into who the nazis are, that’s easy enough. Hmmm. What did nazis believe in? Oh yeah, there was that socialism thing , they believed in vegetarianism, smoking was bad, belief in a strong central that government should control every aspect of your life, of course racism, and a belief in their superiority to others who did not believe as they did, and last but not least, the only thing the left can hang their hat on, nationalism(which is a synonym for patriotism). Now lets look at that.
            Socialism. Left
            We all need to stop eating meat. Left
            We need stop people from smoking, not that I smoke. Left
            We need a strong central government to control what people can and can’t do. (freedom). Left
            When the KKK was started by democrats, the argument was that ” Black people don’t know how to conduct themselves in a civil society and we to make sure that they DO what we think is right for them. “Democrats arguments today.
            Your not black if you don’t vote democrat. Minorities can’t get an ID to vote. We need to make sure we have safe spaces for minorities, where only they can gather. Capitalism isn’t fair to minorities because they are disadvantaged. If you say “We need to do something about all these well fair programs, it’s bankrupting the system” democrats call you a racist, as if they think only minorities use these programs.
            It’s like they believe that black people and other minorities can not conduct themselves in a civil society and need to make sure they do what democrats think is right. So racism. Left
            Superiority to those who don’t believe as you do. LEFT!!!!
            Nationalism. Which is pride in ones nation, or patriotism. Well I for one don’t really see a problem with loving ones nation and the people I share my life with in it. It is so RIGHT!! Righteous even.
            Your salon article is the same load of crap you guys have been shoveling for some time. It is nothing more than another attempt of the democrat party trying to erase it’s past from history and lay the blame on others. Just own it already. You guys are the nazi party.
            How’s that refute for ya?

        2. Keep moving the goalposts!

          Move them goalposts!

          Run, Forest! Run!

          1. So we can add “moving the goalposts” to the lengthy list of terms that sarcasmic uses without having even a tangential inkling of what they actually mean.

            1. Hi Tulpa!

              Alphabet’s original goalpost was that all of Reason supported Biden. But now that I posted a link to what they actually said, the goalpost is… moving….

              Thanks for the attention though! It’s nice when someone accidentally adds to my point!

              1. Alphabet’s original goalpost was that all of Reason supported Biden.

                Literally no one on this page said that except you. Since you still don’t understand what a strawman is, this would be an example. It’s when you concoct an argument that nobody has actually made in order to refute that argument instead of a real argument that someone actually has made.

                Thanks for the attention though!

                You’re welcome! I know it means an awful lot to you to get attention during your 12-16 hours per day spent shitposting at Reason.com, especially since you lost your wife and children and have nobody in your life who enjoys your company or would be affected in any way if you one day disappeared off the face of the earth.

                It’s nice when someone accidentally adds to my point!

                It would be if you had a point or understood the terms you were using. But I’m always happy to come help you out of a jam, like earlier when you miscounted both the number of people who voted for Joe Biden as well as the total number of people interviewed in a link you provided.

                1. You spend way too much time thinking about me.

                  1. Or at least you hope he does. Don’t you you creepy old attention-whore.

                2. Oh, and I liked your stories. So much more entertaining than my boring life.

                  More stories!

                  1. We know you’re triggered when you double reply.

                    1. HE’S NOT TRIGGERED YOU’RE TRIGGERED!

                    2. Every day is meltdown day for sarcasmic.
                      Good thing he’s a drama queen, because regular folks would have their heads in the oven by know.

              2. No I did not. You are a liar.

        3. Don’t blame me I voted for Wang. Lol

      3. How does not voting constitute a vote for someone else?

        Since when is a LIBERTARIAN magazine expected to follow the hard right line? I thought the idea was to discuss actual IDEAS, not personalities. Silly me.

        1. The hypocrisy comes in claiming to vote pragmatically, then voting for the worse of two evils. If they didn’t vote, or voted for the Libertarian candidate out of principles, no problem.

        2. How does not voting constitute a vote for someone else?

          Since forever, duh.

          Since when is a LIBERTARIAN magazine expected to follow the hard right line?

          Since Trump, duh.

          I thought the idea was to discuss actual IDEAS, not personalities.

          Nobody cares about ideas or principles. It’s all TEAM!!!!!

          Silly me.

          Yeah. Silly you. There are no libertarians here. Just Trump supporters and everyone else.

          1. Well there’s a few definite Biden voters like you and White Mike.

        3. “LIBERTARIAN magazine expected to follow the hard right line?”
          ….. Oh, I don’t know; Maybe because the ‘hard right line’ *is* Liberty.

    2. Shocking. 2nd thread negative of Biden this afternoon and sarcasmic deflects with more trump trump trump.

      1. JesseBahnFuhrer has allowed its emotions to Trump-Trump-Trump logic and calm, cool discourse!

        Meanwhile, logic and calm, cool discourse leads us to prayerfully consider: HOW do we pay for Government Almighty services (such as protecting us all from the ignorant, uninformed, and incompetent uses of deadly medical instruments of mass destruction, such as the dreaded Lung Flute), without TAXES? And HOW do we gather taxes fair and square, without snooping on your every penny spent and earned or stolen?

        Meanwhile… To find precise details on what NOT to do, to avoid the flute police, please see http://www.churchofsqrls.com/DONT_DO_THIS/ … This has been a pubic service, courtesy of the Church of SQRLS!

        1. I see Sqrlsy’s out to shitpost Biden criticism to oblivion with reams of retarded copypasta.

      2. PS, in 4 years of Trumptatorshit, Der TrumpfenFuhrer did NOTHING to protect us all from the dreaded Lung Flute! NOTHING!!! But I did!!!

        So vote for MEEEEEE nexttime, NOT for Der TrumpfenFuhrer!!!!! (Or for Der BidenFuhrer either, ’cause he’s not yet helped us here yet, either).

        1. It’s easy to tell your sarc because you also double reply to the same post (as I just noted above) when you’re triggered and don’t get the attention you crave fast enough.

      3. Lol. Sarc is so mad he switched socks to attack me twice. Fucking hilarious.

        1. The butt (“victim”) of my anger here, for any reader who has a functioning brain, is a bi-party system that blesses the idea that I must get PERMISSION to blow on a cheap plastic flute!!!

          Are you DEFENDING this brainless system, brainless JesseBahnFuhrer?

          1. JesseAz has no principles. He’s a grown man with the maturity of a 13 year old girl who only cares about scoring points against strangers on the internet. He makes you look pathetic.

            1. This from a 60 year old boomer who shows up drunk to concerts for 13 year old edgelords and tries to get in the pit. Lmfao.

              1. These stories you project upon me are quite entertaining. I didn’t know you were a boomer. Or that you went to concerts drunk.

                More stories!

                This is fun!

                1. “I know you are but what am I?” would work a lot better if you didn’t constantly drunk-post shit, promptly forget what you posted, then pretend people are making shit up about you when they repeat your own words.

                  1. More stories!

                    1. Hi Tulpa! You going?

                    2. He’s so drunk now he can’t decide if I’m Tulpa, Mary Stack, or one of his own sockpuppet accounts.

                      You going?

                      Actually yes, I have a few things I need to do before bed, and I have to get up early to make enough money for uncle sam to refill your EBT card.

                    3. sarcasmic
                      September.13.2021 at 6:23 pm
                      Do you see any spaces? No? Then it is me.

                      https://reason.com/2021/09/13/house-democrats-tax-bill-lavishes-subsidies-on-local-news/#comment-9100991

            2. “He makes you look pathetic.”

              Lol. Agreed!

          2. Rather you make him look pathetic.

            Whatever.

            You both suck.

    3. I’m glad Trump picked the SCOTUS replacements instead of Hillary Clinton, especially considering this is the kind of crap Biden wants to bring us all and make permanent.

        1. Odd take for somebody who posted this a year ago:

          Saint Reagan appointed her. She sucked. Obama appointed Sotomayor. She ain’t half bad. I can’t be convinced that the politics of the president and the politics of the appointee are guaranteed to have anything in common.

          [Side note for those not inclined to click the link and read the thread, he was referring to Ginsburg, who was appointed by Bill Clinton, in the first sentence, and then, as always, refused to admit he was wrong and deflected blame onto JesseAz when confronted with his utter historical illteracy]

          1. A line down I say “Whoops I was wrong”.

            You post a link to prove a point and accidentally show the opposite!

            Go girl!

            More stories!

            1. A line down I say “Whoops I was wrong”.

              Whoops. I was wrong. Unlike JesseAz who has never been wrong in his entire life.

              As I said:

              [Side note for those not inclined to click the link and read the thread, he was referring to Ginsburg, who was appointed by Bill Clinton, in the first sentence, and then, as always, refused to admit he was wrong and deflected blame onto JesseAz when confronted with his utter historical illteracy]

              You deflected to JesseAz. Who was not even the person to whom you were replying. You got more people living in your head rent free than the section 8 apartment complex you live in.

              1. It is just sad and pathetic at this point.

              2. By the way… the while “jesseaz never admits he is wrong” was also widely used under his sock sqrsly. Another tell of his.

    4. Out of 30 people, 3 voted for Biden

      6 out of 24, you innumerate fucking retard. Boehm, Ciaramella, Dalmia, Riggs, Slade, and Weissmueller. Of the rest most expressed sympathy for the Biden campaign but chose to either vote Jorgensen or not vote at all.

      1. Sure Tulpa. Whatever you say.

        1. Correct. Whatever I say. I can count and I posted something true and factual. You are innumerate and posted a lie. Because you are stupid, ignorant, innumerate, and a liar.

          It’s pretty hilarious that you still can’t differentiate Tulpa from any of the other people who hate your fucking guts on here btw. It’s why you end up outing your sockpuppets constantly: you can’t process or analyze language and pick up on the patterns, rhetorical tics, and speech idiosyncrasies that typify particular individuals.

          1. You hate my guts? Neat. Glad to know I’ve had such a profound emotional impact upon your life.

            1. Not all of us take the measured, restrained approach of getting blackout drunk off our asses, melting down, posting 90+ times in a thread, histrionically crying about how we are being perpetually persecuted by Mean Girls, and promising to leave and never come back only to return within 12 hours.

              1. More stories!

                  1. Yeah. The days before they added the Mute button. Good times.

                    1. Indeed. It was fun for that month or so when you posted 20-30 times in every thread declaring that you had muted various users, only to reply to their posts and then claim you weren’t logged in.

              2. Seriously, whoever you are, you’ve got problems. You change your name daily then spout the same stuff.

                Mary? Is that you? Mary Stack?

                1. Notice how the innumerate boomer retard to whom I taught the term “projection” and who has obsessively been using it ever since, constantly accuses everyone else of sockpuppeting without realizing the tell?

                  Also I thought I was Tulpa? Have you changed your mind?

                  1. You’ll be using a different name tomorrow, so what do I care?

                    1. so what do I care

                      I can count on you compulsively replying to me until you explode into a drunken fit of rage like my little wind-up toy, so I guess that’s how much you care.

                    2. Sure Tulpa. Whatever you say.

                    3. Lol, see? Come on my little wind-up toy, clap your hands again! Clap for daddy Mary Stack Tulpa!

                    4. We should have a vote. Who’s the more annoying, ignorant, pathetic, attention-whoring, drunken troll. Tulpa or sarcasmic?

                      My vote’s with you sarcasmic.

      2. He counts as well as he cooks.

    5. Look who’s leading the Grand March.
      Trump, Trump, Trump, Trump, Trump, Trump, Trump, Trump, Trump, Trump.

      Soon he’ll switch to the Tulpa stole my kishka polka.

      1. truump was good in its era

    6. They get what they want! NO mean tweets but lots of authoritarian “laws”!!!

  2. Hey. This if fine with me. So long as all elected officials make their financial activities completely transparent for us taxpayers. It’s time we had a serious look at THEIR bank accounts.

    1. Do you really think that will happen? = So long as all elected officials make their financial activities completely transparent for us taxpayers. It’s time we had a serious look at THEIR bank accounts.

      1. It will not. Much like Congress is exempt from any vaccine mandate, and many other things that mere serfs must obey, they will not have their personal life sniffed through by the bureaucrats.

    2. I’m sure that all of the politicians would gladly submit to the same requirements that they passed for the general … damn. That was too much. My sarcasm emitter overheated.

    3. No, that would still be a huge invasion of everyone’s privacy. Violating rights more universally does not make it better.

    4. So, how is this proposed new law any different than unlimited warrantless searches of your home? Private transactions should remain private, unless there is a demonstrated need by the IRS to obtain the information, with warrants issued only on a case by case basis.

  3. Fuck Joe Biden

    1. Fuck Joe Biden.

      1. Fuck Joe Biden.

        1. Fuck Joe Biden.

          1. Fuck Joe Biden.

            1. Fuck Joe Biden

          2. Fuck Joe Biden.

            1. Buck Fiden

  4. The very wealthy do not keep their assets in ‘banks’.

    Democrats are either completely oblivious, or believe we are.

    1. This needs to be repeated over and over and over again.

      When AOC shakes her bedazzled ass proclaiming, “Eat the Rich” understand that she isn’t for one second targeting those financiers and trust fund babies at the Met Gala. She is targeting the millions of wage earners out there whose income she can take for her own uses.

      And when Biden talks about snooping in our bank accounts, he isn’t going after Warren Buffet. He is going after millions of people who bought bitcoin (which has a $900 Billion market cap). He is going after people with landscaping and other contracting businesses. He is going after doctors whose practices are burdened under increasingly obtuse and stifling regulations.

      It is almost sickening that some of the most filthy rich people in this country are beating up on these “petite bourgeois” and claiming that they are actually hurting themselves.

      1. ‘Tax the relatively well off’ doesn’t fit on the dress or roll off the tongue.

        ‘Tax the kulaks’ would fit and is alluringly alliterative, but would require a modicum of historical literacy, a trait notably lacking among her supporters.

        1. How about “tax the Mormons?”

          Tax their money they’re hoarding in Salt Lake? Tax the rich Mormon businessmen who got their wealth by fucking over non Mormons.

          1. Hey isn’t that weird? KillAllRednecks shows up at the exact same time sarcasmic returns to the thread.

            1. Ya got me!

            2. Also weird, it spouts its unrelated and typical bigotry in response to a comment about general ignorance.

          2. Tax the Morlocks!

        2. would require a modicum of historical literacy

          Or general the general self-awareness that someone who would say “I’m a capitalist, all I’m asking is that you pay your fair share.” in real time doesn’t have.

      2. Funny you should mention that… I’m expanding my landscaping company next year and looking to start a second business to use to stay under the new caps.

        America hates small business, and fuck Joe Biden.

    2. answer: “believe we are”
      And surprisingly according to fraud-ed elections; they’re right.

    3. The very wealthy will be those above the welfare class and below the poorest national politician. All that untaxed wealth in their retirement accounts.

    4. The very wealthy do not keep their assets in ‘banks’.

      According to my caddy/chauffuer.

      Also, *very* wealthy is a bid subjective, plenty of not very wealthy Americans have plenty of capital tied up in real estate.

    5. Yup. And I don’t think that very many rich people are sneaking unreported income into bank accounts either. The whole premise is absurd. The reason the rich have tax lawyers and accountants is so that they can comply with the law while paying as little as possible. And it’s pretty absurd to expect anyone to do anything else. That’s not cheating. “Exploiting loopholes” is another way of saying “complying with the law”. People not reporting income are going to be in the middle and lower wealth classes, probably skewed towards poorer.

  5. This was both foreseeable and foreseen.

    Donald Trump losing the 2020 election was the worst thing to happen to libertarian capitalism in the United States since World War II.

    This was avoidable.

    1. Nah, Trump was the death knell to libertarian capitalism. He was elected on populist rejection of free trade and immigration. That was the primary pillar of his campaign.

      Do I think he would have been better than Biden? Yes. But you cannot look at No Child Left Behind, Medicare Part D, the omnipresent surveillance state and forever wars and think that Trump’s was anything more than the continuance of a slide from the high water point we enjoyed at the start of the century.

      1. The policies you cite were under Bush…

        In reality Trump’s main accomplishments were a vast reduction in both generation and number of regulations, decreased taxes, prison reform, getting out of new wars (first since Carter), etc.

        Not sure how you blame him for policies enacted before him when he is beholden to both the take care clause of the constitution and impoundment.

        One of my beliefs is that the focus on Trumpmos a distraction from the powers of Congress in general. Blaming the president for actions required of Congress is a means to distraction. No more no less.

        Trump also operated largely under general federalist beliefs. The left begged him to assett federalized control under Covid and outside the eviction mandate he refused. He even let governors control their own state hospital policies.

        Think your argument would be better if you focused on actions he could control and not ones constitutionally belonging to other institutions.

        I fully blame congress for both budget and failure to end ACA as an example.

        1. “Vast reduction” my ass. Some, a little, yes.

          1. Vast my ass. Show me vast.

            1. I just did. Difference between 20k new regulations under Obama and what happened under Trump is what….

              1. …about as honest as Clinton cutting the debt.

                Sleight of hand. Nothing more.

                1. How is it slight of hand, you fantastic retard?

                  The regulations definitely existed and then they were eliminated.

                  1. I mean I literally also stated generation of in my post.

                    in both generation and number of regulations,

                    So not sure why ABC and sarc can’t read.

        2. “The policies you cite were under Bush…”

          Yes. Hence the reason I said that Trump’s election and subsequent defeat were the continuation of a slide that began at the turn of the century (when Bush was elected).

          Please understand I am not really blaming Trump. I blame the American people. The American people didn’t elect Trump for any promise to reduce regulations. They elected him to be a protectionist for american labor by reducing the import of goods and labor. Because Americans have become more populist, and collectivist.

          The reason I pointed to the Bush era policies is to show that even then, Republicans were bowing to the pressure of Americans who wanted large federal funding of schools and SECURITY! ™ no matter the cost to their personal freedoms.

          1. They elected him to be a protectionist for american labor by reducing the import of goods and labor.

            Again, i don’t see it as protectionist as more equal provocation against known anti-market actions and tariffs from other countries.

            To acknowledge China is committing billions in corporate theft and uses monetary manipulation to game theory is hardly protectionist, which is a large part of his actions. Sure he ramped up the rhetoric vote for the populist vote, but very rarely did he enact tariffs solely for protectionist reasons. In virtually every case it was in response to some action from the other country.

            I keep harping on it, but they have been doing trade theory modeling for decades since game theory was developed with economic principles. Time and time again, the AI competitions regarding these rules showed a tit-for-tat strategy as the optimal condition given the conditions. Recognizing and acting on that theory is just a reality in complex global markets. Not reacting is simply a stupid policy left for idealists (not saying you believe in no reactions).

            As a simplified example… if the Mob decided to rob producer X and sell that producer’s goods at even the same price, producer X would have to increase his costs for security and production merely to match the cost at which the Mob is now deciding to sell his goods at. producer X would be in his right to enact the state to fight the Mob’s disruption of the market, even if it makes prices lower for the consumer. Not doing so would reduce development in future markets in both IRAD and protection as profit would decrease and be eaten up in security costs.

            Ignoring the true state of markets is just a silly exercise.

            1. “‘Again, i don’t see it as protectionist as more equal provocation against known anti-market actions and tariffs from other countries.”

              I know, we have argued it before. But it is morally wrong to force Americans to pay more for their goods and services- very specific goods and services- just because some totalitarian regime is busy being totalitarian.

              “To acknowledge China is committing billions in corporate theft and uses monetary manipulation to game theory is hardly protectionist”

              I actually see this as the biggest line of evidence that this whole tariff thing is nothing more than a smokescreen for wealth redistribution from american workers to american steel workers.

              There is a simple way to stop Corporate Theft- ban american companies from doing business in these countries. But in fact you don’t need to do that. Corporations that actually care and aren’t corrupt as fuck do it already. Yahoo, when they realized the peril of doing business there, bailed out of the country completely. Google, as mendacious CCP-suckers as they are, ban their employees from taking work phones or computers within 1000 miles of that country.

              The fact that instead we put up tariffs on stuff with lots of union workers leaves me skeptical that anyone really cares about corporate espionage as anything but an excuse. *shrug*

              1. This is how to have a disagreement that enriches the quality of discourse.
                Thanks Overt and Jesse.

                1. Far better than the typical, ‘tariffs bad, here’s a link that I agree with that provides information from the same sociopolitical context I support, but next to no macroeconomic detail,’ likely followed w/ a ‘derpderp, learn math’ from some smug dim fuck. Almost back to the H&R of maybe a decade or so ago. Folks can say the place was an echo chamber, or a place for griping, but there was a lot more conversation like this.

              2. Be aware that the theft of intellectual property is a direct result of the companies who own those intellectual properties choosing to do business in China.

                In order to produce in China you have to expose your inllectual property to the manufacturer. It’s not like you can say “produce my advanced electronics for me” and then not tell them how to make them. It is a tradeoff that those companies are willing to make to get cheap labor.

                Some, like Apple, strategically manufactured the majority of their iPhones, in China. They made everything that was easy to figure out there, where the intellectual property theft was of largely useless or standard technology. They then produced the parts containing the important IP in countries that protected it, then shipped those parts to China for assembly.

                While some of the IP stolen by China was obtained through industrial espionage, the vast majority was surrendered by the owners so they could cut costs.

                It’s not like it’s a secret that China steals IP from companies who manufacture there. It’s been a known reality for decades.

        3. failure to end ACA — I’d peg that one directly on McCain

      2. Trump was elected because the white, blue collar, middle class in the swing state rust belt (Michigan, Ohio, Pennsylvania, and Wisconsin) were chased out of the Democratic party by progressives, social justice warriors, environmentalists, and others.

        Perhaps I should qualify my original statement. If the Democrats manage to pass the $3.5 trillion budget reconciliation bill, with its spending on the Green New Deal, the lowering of the age of eligibility for Medicare, and the creation of whole new entitlements, it will be the worst thing to happen to libertarian capitalism in the U.S. since World War II–and all of this was both entirely foreseeable (on Biden’s campaign website) and entirely avoidable if we had reelected Trump.

          1. I would kiss you full on the mouth if I could.

            The worst thing of all about White Mike and his ilk are their failure to ever acknowledge that most of the posters here that expressed support for a 2nd term for Trump have very nuanced positions that fully acknowledge that Trump was in no way an ideal candidate for libertarians. Just obviously better than the only available option.

            This is what grown up dialogue looks like. Point; counterpoint; clarification; acknowledgement.

            Read it and weep, you muted trolls.

            1. >Just obviously better than the only available option.

              This doesn’t fit the narrative that powerful people demonizing the other want to push. But it’s true. Trump’s main advantage the first time was “he’s not Hillary” for an awful lot of people as well.

              Sometimes you choose between the douche and the turd sandwich, but going douche-douche-douche in the white house, senate, and house like we have now is how you get … Obamacare. Or something else ridiculously expensive, intrusive, and exactly the opposite of what small government folks want. There’s no firebreak, no outsider willing to say No there if you can’t convince them of the need.

              Fuck that. I’ll take the dude who trolls on twitter, but who won’t lobby for trillions in socialist nonsense. As a bonus, maybe you get someone who spends time making peace between generations-long enemies in the middle east.

            2. To the extent that Trump was a bad choice among much worse choices, sure I tend to agree. Some on this board are far less nuanced in their reflexive support of anything that Trump did.

              Ultimately it doesn’t matter. Every fucking post on this site where TDS-Bob and Trumpaloo-George go at each others’ throats is a post that detracts from the very real and serious fact that the Elite are ruining this country.

              Wanna know why Biden is talking about mandates right now? Because the last thing he wants you to look at is how elites got rich in Afghanistan; How elites diddled girls on the Team USA Olympic team while the FBI elites in charge of the investigation dawdled and then shopped for “security” jobs with Team USA; How elites in government are sucking money out of Ukraine; How no career brass ever paid a price for their shameful performance in every major war of this century.

              To the extent that we give a shit about Afghanistan, Biden and his handlers are delighted that TDS-Bob and Trumpaloo-George are blaming each other for the cock up, because it ultimately distracts from the fact that whether a red or blue is at the helm, we are actually being led by a government of incompetent, unelected, unaccountable, and corrupt elites who will go on sucking us dry regardless of TEAM! ™. Yeah, Trump looked to upset that apple cart, so I really do appreciate the bullet he took there. But that is a coincidence. Supporting him isn’t going to solve the bigger problem.

              1. Donald Trump is the personification of the old adage that a broken clock is right twice a day, but I will never swallow the pill that deliberately choosing to put a broken clock on the mantle because it’s “””better””” than a time bomb is the right thing to do. The very reason you only have a choice between the douche and the turd sandwich is because you’ve bought into the “anything but that” mentality so hard instead of choosing the thing you want affirmatively and so you have these weirdos who gaslight themselves about how good their choice was.

                1. This is nothing but a shallow platitude you post instead of actually standing up for something.
                  “Both sidez!” is such an easy way to pose as above it all and uselessly bitch.

              2. “we are actually being led by a government of incompetent, unelected, unaccountable, and corrupt elites who will go on sucking us dry regardless of TEAM! ™. Yeah, Trump looked to upset that apple cart, ”

                You realize that was his fundamental platform and the reason people support(ed) him, no?

            3. That is the bizarre part, their denial. There are a lot of folks saying that Trump is knucklehead, that he didn’t meet their expectations, that he was erratic. That said, in comparison with the obvious and clear path set out by the Biden campaign, the fact that a vote for Jorgensen or any other candidate was wasted, the US is still effectively a two-party system. Further, either enthusiastically, or with reservations, those who voted for Trump did so because he was clearly the choice more in line with individual liberties and civil rights than Biden. The screeching about Trump’s tweet’s or policies being racist, sexist, etc are de riguer, rhetorical reaction and quasireligious fervor evidenced in an ongoing backlash that resembles nothing more than a temper tantrum or mass hysteria.

        1. And the next people chased out of the Democrat coalition will be hardworking pro-life pro-family Hispanics, if the Republicans are smart enough to make them feel welcome instead of calling them criminals and low-lifes.

          And many Asian voters who own small businesses will ditch the Dems as well, if Repubs back away from the xenophobia of the Trumpists.

          1. , if the Republicans are smart enough to make them feel welcome instead of calling them criminals and low-lifes.

            Primarily a leftist narrative without substance. See how they pushed the rapist and criminal lie.

            South Texas Hispanics have ready started a major migration to the GOP.

        2. This X 1000. Trump won because he spoke to the forgotten men and women in the Midwest and south. Who we see, especially now with all the supply chain disruptions, are the real engine of this country.

          Lets not forget that Biden needed unconstitutional changes to Pennsylvanias voting laws, which is fact. And probably a lot of mail in ballot fraud, to beat trump in Pennsylvania even though trump got even more votes than in 16′. The people in Pennsylvania and Ohio outside the major metro areas pretty much hate Biden at this point. People were literally holding up fuck Joe Biden signs when he and gwb worthless asses visited the flight 93 memorial in shanksville last weekend. The dissatisfaction with Biden is turning to anger even quicker than I thought it would.

          1. Rasmussen poll says 52% of voters think Biden should resign, 60% say he should be impeached, including 58% of independents and 40% of Democrats.

            However, 62% of voters don’t think Kamala is qualified, including 33% of Democrats.

            Quite the Kamala quandary.

            1. It doesn’t matter what the name on the door is. Susan Rice and Ron Klain will continue to run the show for the Davos/WEF junta and Tom Perez.

              1. ^THIS – whoever the puppeteers are with their hand up the butts of those two^

                1. Oh, come on!

                  Willie Brown is no puppeteer!

              2. It has dawned on me recently that it was probably true of every presidential ticket that won going back half a century… with perhaps the sole exception of Trump. He seemed to not be the type to take direction well or sink into a role of subservient compliance to the deep state.

                1. Trump hit his popularity peak when he dropped a bomb on Syria. The elites thought maybe he’d join the team. When he called off the attack on Iran because he didn’t want to kill 150 mostly civilians they knew they were fucked.

            2. I wouldn’t use Rasmussen to support your point. To call their work “sloppy” is an insult to slobs. There is a lot of dissatisfaction with Biden and it shows up in all polls. Use a reputable organization like Pew or Gallup to make the point.

          2. Also the dnc removed the green party from battleground syayes

    2. Trump was an existential threat. Biden is the preferred normalized march to authoritarianism.

      1. Totalitarianism, not just authoritarianism

        1. Yes, it’s likely better to simply call the desired endstate for what it seems to be. Single party rule. If fuckwits talking about violent response on social media equates to an insurrection, then the last 20 years of fuckwits and politicians (also fuckwits) crowing about being the only party in charge must be taken seriously. Gander, meet goose.

    3. Donald Trump losing the 2020 election was the worst thing to happen to libertarian capitalism in the United States since World War II.

      Disagree. Plenty to indicate that it’s objectively the worst thing to happen to libertarian capitalism since WWI/The Great Depression.

    4. Yes but the MEAN TWEETS. My God the MEAN TWEETS.

  6. What will he do about the “unbanked”? That is the most popular form of tax evasion going on. Work for cash under the table. Only pay and deal in cash.

    The Mafia figured that one out years ago. Money had to be laundered before it could be saved.

    1. Push for a cashless society and make it impossible for anyone to be “unbanked.”

    2. The Dem plan is to turn the US Post Office into a bank. With all the duly deputized staffers spying on their “customers”.

    3. They’ll just spy on the companies account and ask “why are you withdrawing $3k every Friday but your payroll taxes only show one employee?”

  7. So this applies to Biden’s account’s, his brother’s, his son’s, and all the other democrat operatives too, right?

    Ha yeah no. But thanks for voting Biden schmucks and making us go through hell.

    1. Screetch is losing it above as usual defending his left wing voting record by deflection.

  8. “I’m not out to punish anyone. I’m a capitalist,” Biden said Thursday.

    “Nothing shocks me. I’m a scientist.”

    “All I’m asking is that you pay your fair share”

    “, and that ‘your fair share’ be defined and your payment be enforced by The Right People.”

    1. Biden talking about his fair share while routing all of his post VP graft through corporations to avoid payroll taxes is hilarious.

      1. “Hilarious”, eh? “Hillary-ous”, perhaps.

    1. ^THIS; And when it’s done for UN-Constitutional items it’s armed robbery.

    2. Wasn’t long ago most people would consider their bank account as their private papers and property. Someone once said that was secure from unreasonable searches and seizures. And that no warrants shall issue but on probable cause to search such things.

      Don’t know who. Probably someone irrelevant in some document that doesn’t matter anymore.

  9. I’d like to leave it at “Fuck Joe Biden,” but this epic disaster film of nine months of a presidency has been team effort.

  10. We really DO NEED to rethink the 4th Amendment.

    ” The right of the people to be secure in their persons, houses, papers, and effects, against unreasonable searches and seizures, shall not be violated…”

    It obviously gets absolutely no respect from the government, and damn little from the courts. That “third-party” stuff is bullshit.

    Maybe we could clone Gorsuch. It might help.

    1. It’s become abundantly clear and undeniable the Nazi-Party doesn’t care one bit what the Constitution says.

    2. I still don’t know how this is even remotely constitutional. $600 — anyone who does any business, and you report all their records.

      There’s NO way $600 is the rich getting richer, of course, but that’s so not the point. When they started forcing reporting of “suspicious” transactions in the patriot act, it was the beginning of the end. $10,000 seemed remote to people, but this is literally the government, without a warrant, without any probable cause, without any suspicion at all, searching what should be your private records. Everyone’s private records, everywhere, all the time.

      It’s just SO CLEAR. In the bill of rights. Nobody thinks their bank records are not their private papers. I mean, what’s more private than that?

    3. Why is reason so angry about this? If the banks, private companies, want to do the work for the Gov then it’s totally libritarian. Because private companies

      1. No true private company I know of, “wants to do the work for the Gov”… Generally they are threatened too or subsidized too…

        Crony Socialism.

  11. The plan “will give the IRS the resources it needs to keep up with the lawyers and accountants of the super-wealthy. It would ask just for two pieces of information from the banks of these folks: the amounts that come into their bank accounts and what amounts go out of their bank accounts,” Biden said. Right now, he added, “the IRS can’t see what they’re making, and can’t tell that they’re cheating.”

    I have said for years on these boards during taxation debates (ie, HOW to tax) that any form if income tax is fundamentally immoral and dangerous. Which is why I have argued against a “flat” tax based on income.

    The problem with an income tax is it forces the government to create definitions of ‘income’ and in turn, it needs to know how you spend your time during the day, and whom with. It creates an incentive for a surveillance state.

    This is why I advocate for a “national sales tax”. How exactly that’s structured can be argued and debated, but it gets the government out of the individual surveillance game, and turns it into a regulatory game with businesses- most of which are already built around collecting the tax, and have a high likelihood of compliance.

    Oh, and I’ve been doing a lot of reading on property taxes and… I’m not much liking those either, because they beat the economic bushes to drive prices up, indefinitely.

    1. Any kind of consumption tax also requires a huge bureaucracy to validate all sales. It’s all well and good to pretend this only hurts retailers, but doesn’t, it affects everybody.

      You have to audit wholesalers to make sure the retailers didn’t lie about what they bought.

      You have to audit individuals to make sure the retailers didn’t lie about what they sold.

      You have to audit everybody to catch yard sales, friend-to-friend sales, in fact every sale in the country.

      The only kind of tax which can be truly anonymous is a property tax. All the government cares is that the tax is paid; they don’t need to know who paid it. Owners only need to prove they paid the tax if someone else tries to squat and claim it, and receipts can do that; and if the owners don’t care to be anonymous, I’m sure the government will be happy to record your ID etc.

      1. The amount of auditing required for a sales tax isn’t really that hard. It would be a marked reduction from the work required to argue what “income” is, vs arguing what a “sale” is.

        1. The amount of auditing required for a property tax is zero.

          1. The assholes I just had to take to court for trying to jack up the value of my property would beg to disagree.

            1. Is there a regular audit bureau who send auditors around to audit property?

              Just because you claim to have found a dishonest government burrocrat doesn’t mean it’s a regular process. It also doesn’t mean that other taxing schemes have fewer burrocrats.

              1. He was commenting on the zero auditing. It is less auditing, but sending an appraiser around to evaluate the property and then allowing homeowners to protest that value does require some level of auditing.

                1. And lawyers, to represent the government in the protest action. Do we really want more lawyers?

        2. Sales and use tax only requires random auditing with some predictive algorithms to spot obvious non-compliance. The problem is that, on the whole, state auditors are incompetent.

          Don’t get me started on the IRS.

          1. They’ve only got a slightly worse record than the TSA, c’mon man.

          2. That says nothing about how many similar random audits there are for property tax assessors.

      2. Any kind of consumption tax also requires a huge bureaucracy to validate all sales. It’s all well and good to pretend this only hurts retailers, but doesn’t, it affects everybody.

        That exists right now. Already. It’s in place.

        I’m willing to accept the painful reality that we’re going to be taxed, one way or the other, so I’m trying to do it in a more bureaucratic way that doesn’t require a surveillance state be leveled against individuals.

        This article is proof that I was right, and continue to be so.

        1. Your argument was not about taxation, period; it was about the kind of tax, and that is what I argued against.

          The auditing in place now is nothing like the auditing required for a national sales tax. Both are far more audting than required for a property tax, which is zero.

          1. I think you’re over complicating it. The records could simply be compared to existing county or state sales tax records. Most businesses already charge something like that. Some states, like PA, have exemptions for necessities (food, clothing, shelter to an extent), so maybe there’s some extra auditing to make sure the federal tax is applied to those things if the state or county sales tax isn’t. But it wouldn’t be terrible.

            For example, Allegheny County, where Pittsburgh is, has a 7% sales tax. If the national sales tax is say 2%, the businesses just add it to their point of sale machinery and track it like they do the existing county tax. If the fed wants to audit they can just call up the county and see if their sales numbers match.

            1. “For example, Allegheny County, where Pittsburgh is, has a 7% sales tax.”

              On this side of the state, our Philadelphia county tax upcharge is 2% so the total here is 8% sales tax.

              The county upcharge is quite often missed by online retailers that collect the state’s 6% cut, so if what is being purchased has free shipping, all other prices being equal, it still pays to buy online vs. local for items that are subject to sales tax.

            2. It isn’t audited because it is small enough right now for most things. The reason they started forcing online sellers to collect the tax is because individuals weren’t paying it. It was easier to force the businesses than audit individuals. But what few people realize is legally we were suppose to be paying it all along, at least in Texas. Legally, if I buy from an online retailer in Louisiana that charges less sales tax than if I bought the item in my taxing district I am supposed to pay the difference directly to the state. I have never done this. The way the law is written, technically, even if I drive to Lousiana to purchase and pick up the item then drive it back here, I am to pay the difference. Again, nobody personally does that. But businesses do. The state audits a business if they think they are avoiding sales tax by purchasing online or out of state. So while it would be a minor increase for auditing on the business side, if the feds truely wanted to go after individual sales like lawn mowing and babysitting which are services being sold to me then it would require a lot of auditing.

            3. One of the things that I love about Delaware is the low tax burden. No sales tax, a moderate income tax, low property taxes, low school taxes (with no school taxes after 65), and low gas tax. Cross the line into PA, Maryland, or Jersey and most (if not all) of those skyrocket.

              People come here specifically to buy things here, which is why the Christiana Mall is constantly expanding when most malls are failing. It’s part of why our economy is both diverse and vibrant.

              Other states use different mixes, but for an average middle-class family, our works pretty well. Having no sales tax helps us gain revenue from people outside of the state (or even the country).

        2. “I’m willing to accept the painful reality that we’re going to be taxed, one way or the other, so I’m trying to do it in a more bureaucratic way that doesn’t require a surveillance state be leveled against individuals.”

          Back in the day, money was a thing. And it was though that for the government to do things, it needed money. For it to have money, it would have to get money. The choices were (1) pull it out of the ground like the rest of us or (2) take it from those who had it. Since it’s much easier to take than dig, taxation was invented. Thus the quaint notion that the whole idea of taxation is to generate revenue for governmental operations. Lots of laws based on this assumption.

          Fast forward to today. The government has been adding debt since FY 1958. The sky has not fallen, ergo debt means nothing.
          Now that government debt means nothing, there is no need for a personal income tax nor any tax directly paid to the government by an individual, and you could argue that the very idea of taxation as we know it may be obsolete, at least at the federal level. Hell, what it is now, 61% of people pay no income tax as it is anyway, right? Finance government operations with debt and repeal the 16th amendment. A win for privacy.

          Disclaimer: This idea in no way claims to repeal the iron law of life, TANSTAAFL. More debt = inflation. But inflation with privacy is better than inflation without privacy.

        3. The Founders intended all money to run the government in peacetime to be provided by tariffs and excise.

          Why not do that, and drop all taxes on Americans?

          Oh yeah, because trade.

      3. Yeah, right. Regardless of the the tax rate, the powers that be will simply raise the “market value” to bring in more income. Here in Texas, they value property on “recent sales,” not what you paid for it originally or what shape it is in compared to those other houses. House flippers buy a property, make some changes and resell at a higher price, or buy an older house, tear it down and build a mini-mansion and end up pricing people out of the area.

        1. The powers that be can’t just raise the “market value”. Even your example shows that it isn’t the powers that be but the actual market realities that raise the value. Texas also has systems in place to protest the value and limit the amount of increase that can occur in a year.
          Also, just protest the appraisal and show that your house should be assessed and the flipper bought not the flipper sold price.

          1. They can create policies and incentives that drive up value, though. And if you own property and don’t intend to sell, that harms you.

            1. It seems like would also create a situation where people who just want to buy a house and live there for 30 or 40 or 50 years would end up house poor just because their property taxes kept rising. It doesn’t seem like a good system to allow people to retire with savings and equity in their houses.

      4. Maybe if the basis for the property tax is some fixed value of the land or something. But as long as it is based on an assessed value of land and improvements, invasion of privacy is required and there are big incentives to artificially increase property values.

        I’d take a consumption tax or property tax over income tax any day. Any tax harms people. But there are going to be taxes of some sort.

    2. “I have said for years on these boards during taxation debates (ie, HOW to tax) that any form if income tax is fundamentally immoral and dangerous. Which is why I have argued against a “flat” tax based on income.”

      It is also noteworthy that half the problem with an Income tax is defining what Income is.

      “This is why I advocate for a “national sales tax”. ”

      I’m willing to go with the Fair Tax, which is a national sales tax that then pays a “prebate” to americans each month to cover the taxes they would pay on goods up to the poverty level.

      There are some things about it that would be a huge disruption to the economy (such as a 30% markup on new house construction vs no tax on used homes). But overall I think it would be a great to the sclerotic nonsense we have today.

      1. +

      2. It is also noteworthy that half the problem with an Income tax is defining what Income is.

        that’s why I said this:

        The problem with an income tax is it forces the government to create definitions of ‘income’ and in turn

        This is why you read really awful stories about families who had old artworks returned to them after decades having been stolen by the Nazis in WWII, and the family is forced to sell the artwork because they can’t afford the income tax… on a piece of canvas with oil scribblings on it.

      3. I’m willing to go with the Fair Tax, which is a national sales tax that then pays a “prebate” to americans each month to cover the taxes they would pay on goods up to the poverty level.

        Sure. I’m willing to discuss any and all kinds of tweaks to a national sales tax to keep it from being too regressive etc. But we’ve GOT to get the government out of the game of having agents follow me around and asking me what’s in my pockets. We must. It’s imperative.

        1. A sales tax just puts that nosiness elsewhere.

          A property tax eliminates that nosiness, all the associated government auditers, and all the private accountants to combat those auditers.

          It does bring in assessors, and private accountants to argue assessments, but that’s a lot less than accountants quibbling about how much of your mileage was work-related.

          1. But we already have a sales tax, and it’s mostly a technocratic policy of making sure businesses file their gross receipts and do paperwork. I don’t consider it an invasion of privacy because Safeway logs its sales info and forwards the appropriate percentage to the government. We’re talking about a major difference in scale and scope here.

            It’s no business of the government what my compensation is, let alone how I’m compensated.

            And I fully understand the business owners should have some privacy rights too. But an agent walking around my house and saying, “That’s a pretty nice painting you got there, Mr. Donovan… and on a janitor’s income…” is morally wrong.

          2. Oh and don’t even get me started on inheritance taxes which IS an income tax. The fact that my dead parents handed down some property and bonds to me when they shuffled off their mortal coil is fuck-none of the government’s business.

            1. Even worse, the death tax is a WEALTH tax. I have seen family businesses ruined by the death tax. Mom and Pop have a small bakery that earns enough for the family to live modestly. But then they die and when you add up the bakery building, the equipment, trucks, etc, they have such a huge net asset being transferred that the family has to sell the business in order to pay those taxes.

              1. This! One million times, this!

            2. Considering you get the first $10 million without incurring inheritance tax, we have a very different definition of “some”.

              *Because text doesn’t always convey tone, this is a wry joke*

        2. “But we’ve GOT to get the government out of the game of having agents follow me around and asking me what’s in my pockets. We must. It’s imperative.”

          Only one way that’s going to happen

      4. Tariffs.
        Make the foreigners pay.
        Enforcement would be way easier, too.
        The IRS just sets up checkpoints at a few hundred ports of entry.
        No more need to harass 300 million Americans.
        No more excuse to snoop in their bank accounts.

        1. Tariffs cost Americans, not foreigners. Tariffs are a terrible idea.

          1. Specifically, why?

            What’s the difference if I pay $12,000 in taxes, but can buy imported goods cheap, or if I pay no taxes, and my costs for imported goods goes up by $12,000?

            I have the same amount of money in my pocket either way.

            Tariffs would be far easier to collect, provide far fewer excuses for government to snoop, and promote re-shoring of US manufacturing.

            So, other than Austrian dogma, what’s the problem?

    3. How about a “tax” something like: X=(US government expenditure)/(US adult population)? Your vote is weighted by (amount paid)/X.

      1. I’m not sure I understand what you’re proposing but I’m guessing you’re suggesting something analogous to a poll tax.

        1. Yeah, I suppose in retrospect such regression would probably just hasten the nation’s demise.

    4. The super-wealthy have better lawyers and accountants than the government does. The Dems are aiming the new army of IRS agents at small business owners, who are overwhelmingly Republican.

      1. The IRS can’t even get a usable computer hardware update.

        If Congress was serious about stopping tax cheats, they would simplify the tax code so it would be difficult to cheat, or not worth it. But that would require less, not more, agents. The need to snoop would go away, but Congress and administrations LIKE snooping. It would save everyone time and effort, but the tax companies would lose business.

        1. If Congress was serious about stopping tax cheats, they would simplify the tax code so it would be difficult to cheat, or not worth it. But that would require less, not more, agents. The need to snoop would go away, but Congress and administrations LIKE snooping.

          Plus, it could result in rich people actually paying more taxes, so it’s lose, lose, lose.

        2. It’s more like it would piss off all of the people who made (and take advantage of) loopholes, exemptions, and accounting tricks.

          If you want to throw up in your mouth a little, google “carried interest loophole” and see what your lobbying dollars can get you if your industry has billions to spend on it.

    5. This is why I advocate for a “national sales tax”.

      Sorry, wrong, death tax and only a death tax not to exceed 50% principly or 10% pragmatically depending on how wishes get fulfilled in this fickle construct.

      Sales tax still invites government to sift through your purchases on annual/at will basis, choosing which goods and services you can buy and which goods it should cost you more to buy. The country was founded in opposition to hereditary bloodlines and you can’t initiate aggression against a corpse. The government only gets to snoop through your finances once every 80 or so years, after you’re dead. Don’t like it? Take your foolish ideas about wealth and capitalism away from our government to some other country and die there.

    6. Unfortunately, the Democrats are only interested in two things: staying in power and destroying their enemies. Staying in power requires them to not tax their loyal supporters (at least not in ways that the chimps notice), and they need to know their enemies’ financials so they destroy them.

      Thus, this scheme going to happen. Who’s going to stop it, Congress?

      1. Unfortunately for the average American, if you replace Democrat with Republican in that statement, it remains true.

        Both parties are interested in acquiring and keeping power. Any means that can achieve that goal is acceptable. When principles conflict with chasing power, principles are discarded.

        Until voters actually hold parties accountable when they sell out principles to gain power, it will never end.

  12. Saw the headline with “Biden” and “crack” in it; thought the article was about Hunter.

    1. Probably even more surprised that it was being covered on Reason.

      1. The buyer’s remorse has been strong lately.

    2. While my money still has some spending power I’m smoking crack with hookers nightly.

      Biden drove me to this.

    3. To be fair, I believe he was more of a Columbian Marching Powder kinda guy.

  13. I hope that Reason prints as many articles tut-tutting this as they did about DeSantis’ mask mandate ban.

    In King County, eating at a restaurant indoors, seeing a movie in a theater or working out at a gym will require proof of a coronavirus vaccination or a negative test beginning next month, county leaders and health officials announced Thursday.

    The picture is absolutely *finger-kiss* precious about how your fascist New World Order will look. The jackboot asking you for your papers will be wearing a rainbow flag mask.

    1. Private businesses should be left alone to do whatever they want. Leave the government out of it.

      “You go to a dance night and you get six people that show up,” Steven Severin, who co-owns Capitol Hill’s Neumos and Life on Mars, said last month. “Four of ‘em have their vaccine cards and two of them don’t, and they’re bummed. But then they leave and go somewhere else that doesn’t require it, which is one of the reasons it should be across the board.”

      Severin and the King County members of the Washington Nightlife Music Association, a coalition of independently owned music venues, sent letters to government officials last month calling for a vaccination-check mandate and the development of a statewide vaccine verification system.

      Local performing arts organizations beat King County to the punch when several of them — including Seattle Symphony, 5th Avenue Theatre, ACT, Seattle Rep, Village Theatre and Pacific Northwest Ballet — announced in August that they will be requiring audiences to mask and provide proof of vaccination or a negative COVID-19 test to attend indoor performances and events.

      “Health and safety remain our top priorities, and we’re excited to offer beautiful music and storytelling in McCaw Hall once again,” said General Director Christina Scheppelmann in a news release in August. “We’re committed to making people’s return to live performance as safe and enjoyable as possible.”

      Yeah, business owners are just libertarian cowboys appealing to the self-interest of their customers.

      1. Sounds like a lot of work or waste of time and money when you have 85% in that county that’s increasing daily to be on the look out for such a small percentage those damn dirty deplorables (sarc).

        1. Why do they keep bringing up gyms too? I haven’t heard of mass death from gyms and they are the places that actually aid your body in staying healthy. Such a strange thing to target, oh yeah I forgot it’s not about healthy see old navy https://www.youtube.com/watch?v=yJu1S5GfTok

          1. Lol – have to watch like 3 commercials just to see another commercial.

            That fatty is just really off-putting

      2. Also what is this about “We are seeing as many outbreaks in retail and grocery stores as we are in restaurants,” I’ve never heard of a mass outbreak in a grocery store, are they talking about workers and trying to obfuscate the language to shoppers? I literally say nothing to no one – I see like zero people coughing or sneezing and I’m in and out. I’m not sure how these places are now categorized as super spreaders. Does anyone have articles on this I’ve seen zero.

        1. “We are seeing as many outbreaks in retail and grocery stores as we are in restaurants,”

          Yeah. Not many.

          None of those places are hotspots for outbreaks. Transmission mostly happens at home and in institutional living situations like prisons and nursing homes.
          As far as I’ve seen, people who work in grocery stores and restaurants don’t have higher incidences of getting sick from covid than the general population either.

    2. Oh, and by the way, the employees are not required to be vaccinated. Let that sink in for a moment.

    3. I hope that Reason prints as many articles tut-tutting this as they did about DeSantis’ mask mandate ban.

      How can you even compare the two? DeSantis literally wants PEOPLE TO DIE!

      1. On the other hand, King County is saving lives by making sure that everyone takes one of the 100% safe vaccines!

        1. Vaccines, mind you, that are 95% 39% effective

        2. *In Japanese with a Bronx accent*

          He’z ya problem: this izza foorin’ vaccine!

  14. Fuck Joe Biden and all democrats, leftists, and everyone involved with the far left who shit on the world.

    jeffsarc voted for Biden too.

    1. So fuck all 82 million of us? Duly noted.

      1. Mighty white of you to finally admit you voted for Biden, Jakie. Yes, fuck you, the other 70 million people who voted for Biden, as well as the 12 million dead or fabricated individuals who voted likewise.

        1. Dear God, you can’t actually believe that.

      2. Yes fuck all you, lard of shithead.

      3. Fuck you, you candy ass cupcake, yes this is your fault.

      4. ‘Duly noted.’ You truly are a child. Is this intended to intimidate anyone; you’re keeping track for when you shitheels have grasped the means of production and can dedicate time to hunting down wrongthinkers?

  15. That’s just great, great I tell you! Well let’s start with Trump!

    1. His tax returns were already illegally leaked by the IRS to the New York Times. Feel free to peruse them at your leisure: they revealed a man worth billions of dollars who somehow has managed to not commit a single tax violation in a decade despite being audited half a dozen times.

      1. 1. He pays a lot of expensive lawyers/accountants, which he can write off but we can’t. They find all the ways to avoid taxes which we can’t find, or use.

        2. Like so many of the rich, their wealth is not realized but estimated. Holding millions in stocks is not real until said stock is sold, which is why so many people were wiped out in 1929.

        1. Which is a good reason not to violate the financial privacy of every American in order to stick it to “the rich” who will be mostly unaffected by the rule change anyway. And also doesn’t do anything to refute the fact that Trump’s already had a financial probe stuck up his ass such that examining his banking records would reveal nothing new, making yours a particularly idiotic attempt at a gotcha.

        2. These are two of the exact reasons Biden’s new army of auditors, despite what he says, are going to go after the middle class.

        3. You just made an excellent, cogent, and well thought comment about why the income tax should be abolished.

        4. He pays a lot of expensive lawyers/accountants,

          Which is why this is such bullshit. Those people make sure he complies with the law. You seem to think that rich people ought to pay more than they are legally required to, or something.

        5. Learn to read. The tax code has all the ways to avoid taxes written in it.

          1. As I’ve pointed out several times, exploiting tax loopholes is another way of saying “complying with tax laws”.

    2. No let’s start with Biden and his corrupt family.

    3. Thanks for making it clear that this will be used as a political weapon.

  16. The *people* say they only need ‘one’ bit of information: all the money that gets *STOLEN* for UN-Constitutional measures.

    Looks like the ILLEGAL taking/stealing (at least in a aiding sense) of Biden amounts to about $6T…. Plus fines and interest?

    Isn’t it just great when criminals start blaming their ‘slaves’ for the very crimes they themselves committed?

  17. Well, he is planning to create 87,000 new high-paying jobs with great benefits — at the IRS.

    60% of small businesses survived the COVID lockdowns, and he aims to figure out how.

    Dems count this as “paying for new spending”, squeezing a little more blood out of the rocks.

    1. Googling ……
      In CA 15% of the workforce are employed by the State
      Everywhere 2% works for the federal government
      27% live on low-income government benefits
      —————————
      SUBTOTAL = 44% are government dependents….

      Then; add on the
      31% living on Social Security

      75% DO NOT CURRENTLY WORK FOR THEIR EARNINGS.
      That leaves 25% to pick-up the bill for everyone else.

      Free Country — MY *SS!! This is Communism…
      And one that’s right on the verge of total collapse.

      1. I’m not sure how the people who work for the government aren’t working for their earnings. Nor the ones receiving government benefits, since there have been work requirements in place since the Reagan Administration.

        I think your math might be wrong.

        1. “people who work for the government aren’t working for their earnings.” …. because ….

          – Working for someone implies a *willful* trade of service/goods.

          – Only criminals believe that *stealing* from someone by the force of guns is “working for their earnings”..

  18. I want to start a boycott on all businesses with more than 99 employees. Until the bigger businesses have the balls to say “Fuck Jo Biden” they don’t deserve my business.

    I admit this will be difficult. Need to start a website or app to help other people join this boycott.

    1. If I owned a business with over 100 employees, I would of course comply with the federal laws (but give everyone possible the option to work from home), and I would sue OSHA for trying to force a medical procedure on people who are at almost no risk from COVID — pretty much everyone who is young enough and healthy enough to be working full time. The workplace is already overwhelmingly safe, masks or not, vaccinated or not.

  19. “I’m not out to punish anyone. I’m a capitalist,” Biden said Thursday.

    Biden’s capital is a “B”.

    1. Biden is a capitalist like shrike is a capitalist.

    2. Biden’s capital is a “B”.

      Bun? Bob cut? Brow-length Bangs? Biolage?

  20. The president says the IRS needs just two bits of information: all the money that goes into your bank account, and all the money that comes out.

    But as long as we’re there…

  21. Biden’s willing to violate too many laws. Impeachment and removal is the only remedy. Too many asshole liberals around here too. Paid trolls who cannot stand their self righteous narcissism being challenged. Clearly we need more camps.

  22. “that the wealthy can no longer hide what they’re making, and they can finally pay the fair share of what they owe.”

    Oh, well that’s different. I guess I missed the part where it only applies to the rich.

    1. Yeah, they don’t want people to notice that part. And many don’t. It’s a sad commentary on America.

  23. About time someone went after all those tax cheating 1 percenters in the sharing economy.

    We’re lucky to have the last capitalist in the democratic party looking out for us.

  24. So how do we justify allowing a secret satanic pyramid scheme society, the free masons to infiltrate throughout government and business at the highest levels?

    Aren’t their secret agendas m in conflict with our democracy?

    1. Nazi scum.

      1. Here’s what Jewish leaders and Jewish media have to brag about their ownership of Freemasonry!

        THE JEWISH TRIBUNE, New York, Oct. 28, 1927, Cheshvan 2, 5688, Vol. 91, No. 18: “Masonry is based on Judaism. Eliminate the teachings of Judaism from the Masonic ritual and what is left?”

        LA VERITE ISRAELITE, Jewish paper 1861, IV, page 74: “The spirit of Freemasonry is the spirit of Judaism in its most fundamental beliefs; it is its ideas, its language, it is mostly its organization, the hopes which enlighten and support Israel. It’s crowning will be that wonderful prayer house of which Jerusalem will be the triumphal centre and symbol.”

        LE SYMBOLISM, July, 1928: “The most important duty of the Freemason must be to glorify the Jewish Race, which has preserved the unchanged divine standard of wisdom. You must rely upon the Jewish race to dissolve all frontiers.”

        AN ENCYCLOPEDIA OF FREEMASONRY,Philadelphia, 1906: “Each Lodge is and must be a symbol of the Jewish temple; each Master in the Chair, a representative of the Jewish King; and every Mason a personification of the Jewish workman.”

        MANUAL OF FREEMASONRY, by Richard Carlile: “The Grand Lodge Masonry of the present day is wholly Jewish.”

        THE FREEMASON, April 2, 1930, quoting Br. Rev. S. McGowan: “Freemasonry is founded on the ancient law of Israel. Israel has given birth to the moral beauty which forms the basis of Freemasonry.”

        Rabbi Br. Isaac Wise, in The Israelite of America, March 8, 1866: “Masonry is a Jewish institution whose history, degrees, charges, passwords and explanations are Jewish from beginning to end.”

        Benjamin Disraeli, Jew, Prime Minister of England, in The Life of Lord George Bentick: “At the head of all those secret societies, which form provisional governments, men of the Jewish race are to be found.”

        LATOMIA, a German Masonic journal, Vol. 12, July 1849, Page 237: “We cannot help but greet socialism (Marxism – Communism) as an excellent comrade of Freemasonry for ennobling mankind, for helping to further human welfare. Socialism and Freemasonry, together with Communism are sprung from the same source.”

        BERNARD STILLMAN, Jew, in Hebraic influences on Masonic Symbolism, 1929, quoted The Masonic News, London: “I think I have proved sufficiently that Freemasonry, as what concurs symbolism, lays entirely on a formation which is essentially Jewish.”

        O.B. Good, M.A. in The Hidden Hand of Judah, 1936: “The influence of the Jewish Sanhedrin is today more powerful than ever in Freemasonry.”

        JEWISH ENCYCLOPEDIA, 1903, Vol, 5, page 503: “The technical language, symbolism and rites of Freemasonry are full of Jewish ideas and terms … In the Scottish Rite, the dates on official documents are given according to the era and months of the Jewish calendar, and use is made of the Hebraic alphabet.”

        B’NAI B’RITH MAGAZINE, Vol. 13, page 8, quoting rabbi and mason Magnin: “The B’nai B’rith are but a makeshift. Everywhere that Freemasonry can admit that it is Jewish in its nature as well as in its aims, the ordinary lodges are sufficient for the task.

        The ADL (Anti-Defamation League) of B’nai B’rith is a totally Jewish controlled organization with its main goal to destroy Christianity. (Also, the B’nai B’rith form a super-Masonic lodge where no “Gentiles” are admitted.)

        TRANSACTIONS OF THE JEWISH HISTORICAL SOCIETY Vol. 2, p 156: “The Coat of Arms used by the Grand Lodge of England is entirely composed of Jewish symbols. FREEMASONS WORSHIP LUCIFER!

    2. Nut job is your unalienable right.

    3. The documentary I watched said it was Hydra that infiltrated the government.

    4. Are you calling all those Jews liars?

  25. Meh… I’m kind of apathetic about tax rates on rich people as I’m looking around and kind of wondering if it might be better if there were less of them around.

    We all have our blind spots I guess.

    In your case, You don’t care about the brutality of the current immigration policy or big government’s intrusion into reproductive freedom. Oh well… I guess as libertarians we all want the government boot to stomp on the people we disagree with or to root out the things we don’t like. For example, I don’t really enjoy being around rich people. You guys don’t enjoy being around MExicans and women. Can’t we all acknowledge our differences and get along?

    1. You’re an idiot.

      As a Libertarian I want you off my lawn and out of my pockets. Whatever else you do is none of my business, so long as nobody unconsenting gets hurt.

      1. So, immigration is ok with you, right? Believe me, I have a pretty good idea of how much money I pay in taxes that goes to harass people from Central America or to bomb peasants in the ME.

        1. Ya; It’s pathetic the amount of money it takes to defend the USA from invasion.. One would hope just a little harassment would stop the desire to invade but with Democrats giving them all blow-jobs for a vote; I’m sure they’re get mixed signals..

    2. ‘I guess as libertarians we all,’ you are not, nor do you support policies that protect individual rights or civil liberties. You talk about them occasionally, generally in a negative light. This would rule you being included in the larger libertarian group, if the damned screen name wasn’t enough, or the typically partisan jabs.

    3. Why wouldn’t you enjoy being around rich people? They have nice stuff and throw good parties.

  26. Snooping on Everyone’s Bank Accounts = mass surveillance of innocent people.
    Reason is still sugar coating the facts when it comes to Dear Leader and Generalissimo Joe Biden. When will Reason start using direct language rather than their sugar coated hyperbole.

  27. Is this an executive order to the IRS, in which case we’re screwed, or is it yet another insane proposal for law that needs to go through congress? In the latter, I would hope that there will be enough gumption even in the house to say “no”.

  28. “But as always, the people who can’t afford those things will probably bear the brunt of the new rules.”

    Probably not. IRS investigators are judged on their ability to collect. The more they collect, the higher their abilities will be rated. They are incentivized to go after big fish, in other words.

    1. the government always goes after the little people because they can’t afford to defend themselves from the government. the only time the government goes after the big guys is when they don’t like their politics hence why they have been looking at Trump’s taxes for five years now and still found nothing.

      1. “the government always goes after the little people because they can’t afford to defend themselves from the government.”

        That’s probably true when it’s cops vs. drug users. It’s a different game when it’s IRS investigators vs. tax avoiders.

        “they have been looking at Trump’s taxes for five years now and still found nothing.”

        They’ve probably found more than they’re telling you.

        1. ‘That’s probably true when it’s cops vs. drug users. It’s a different game when it’s IRS investigators vs. tax avoiders.

          They’ve probably found more than they’re telling you.’

          Evidence lacking for both of these.

          1. More to the point, evidence is lacking for the assertion that the poor will bear the brunt of these rules. For the ambitious IRS investigator, the incentives lie in collecting more taxes.

            1. “……evidence is lacking….that the poor will bear the brunt of these rules.”

              Which, of course, no one actually said. The comfortable, but not rich will bear the brunt. “The poor” have nothing to fear.

    2. The IRS uses computer algorithms and form letters. No one agent is going after me. The letter my company has that says I owe them over $35000 in payroll tax from 2019 was automatically generated without anyone at the IRS looking at it and taking to seconds to look up my account. I can access the IRS website that shows I paid the money so they should have it also. So, it is computer-generated based on mistakes and a bad algorithm or they are all fucking idiots that just like screwing with people.
      This law will mess with everybody and cause one massive cluster.

      1. “This law will mess with everybody and cause one massive cluster.”

        It will mess with people who choose to either put money into a bank or take money out. And the greater the amount of taxes avoided, the more massive the cluster.

        “So, it is computer-generated based on mistakes and a bad algorithm or they are all fucking idiots that just like screwing with people.”
        Bad algorithms are the norm. Software gets away with releasing not ready for prime time product into the market place. It’s also plausible that they like screwing with people. Like the police who lie to suspects during interrogation in order to extract confession/information. The things we put up with from our civil servants!

  29. doesn’t the government have to have a warrent to search my belongings and my money is my belongings. not that laws matter anymore in this country

    1. Don’t put your money in a bank if you want to stay clean. They collude with both government and criminal enterprises as a matter of routine.

  30. Although I feel like it crosses a line… Is this really any different from a privacy standpoint than a W2 reporting income to the government? Perhaps the privacy invasion of the audit is the real issue and getting this data makes audits more likely. Maybe we just need a simpler tax code so that audits are never necessary.

    1. Considerably different. An individual fills out a W2, and may choose to omit details and face the consequences. This proposal is for financial data to be provided without the individual’s approval, by financial institutions. I am guessing you comprehend this, but, do you have your bank fill out your W2, or do you fill it out? Beyond the massive intrusion into an area covered by 4A, there is the fairly clear issue of data privacy and opportunity for theft/identity theft -who has access, how it is transmitted, how and where it is stored. The fed has a shit record for not being having personnel records breached, and quite frankly, state govt isn’t much better. The latter is a secondary consideration, 4A and government overreach is the issue. Keep govt and bureaucratic tentacles out of everyday life.

      1. Individuals do not fill out W2s. An employee fills out a W4 which tells the company how much to withhold. A company then files w2s with the Social Security Administration to report on the amount of money the employee made during the year. A bank is also required to report to the government how much you made in interest and dividends in a year. This is reported on 1099-INT or 1099-DIV.

        All that being said, I don’t agree with the new law and think it is a huge invasion of privacy.

    2. W2’s are an invasion of privacy as well. But this is a much bigger one. So I suppose it isn’t really very different in kind, but is quite extreme in scope.

  31. Totalitarianism lives in bright daylight

  32. Somebody forklift Eric a copy of Biden and Reagan’s 1986 Anti Drug Abuse Law. Meddling, espionage and entrapment are all in there for asset forfeiture purposes. Mabel Willebrandt’s cases getting the Suprema Corte to strike down 4A and 5A in the 1920s, with all its wiretaps, seizure of papers and income tax liability–are the foundations on which it was erected.

    1. Eric played the “this Biden is a fresh faced former senator”

  33. Funny how Reason is for free speech but tells me if I’m doing too many comments? Who is censoring now?

  34. “The vote I made was calculated, but boy am I bad at math.” – Eric Boehm

  35. LOL. Why even write this article? In a month your writers will be criticizing some Mises affiliate for shitposting this policy or something. Just go away. Shutdowns showed once and for all that Koch world is cancer

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