Armed Polite Society
Main Forums => Politics => Topic started by: French G. on September 12, 2021, 12:05:07 AM
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https://home.treasury.gov/system/files/131/General-Explanations-FY2022.pdf (https://home.treasury.gov/system/files/131/General-Explanations-FY2022.pdf)
Page 94
Every bank, every account, every paypal, zelle, whatever sends the government all your info every year. Trying to figure out how I can not comply and stay cash based, not going to be easy.
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Might be time to get into crypto
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Might be time to get into crypto
Says it right there, track buy/sell of that too.
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The only way I can see to stay cash based without tracking in that system is to get most of your cash before it goes into effect and stick it under your mattress. Pull out as needed for cash transactions. Live with the fact that you are essentially losing money by not having it invested.
I didn't read the full document. Is there any kind of threshold amount that gets you noticed? Like if $10K movement per month gets you audited, maybe $1000 per month keeps you under the radar.
This just seems like another road towards a cashless society.
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I'm starting to see some press on this, and hearing a lot of pissed off people from both sides of the political spectrum. I don't know that, with his already falling support numbers, Biden has the stroke to pull this off.
That said, here's my plan. It says transactions of $500 and more. For us, that much money in a transaction isn't a daily thing, a weekly thing, or even a monthly thing (outside of our mortgage). When it happens, it's usually something like a trip to the grocery store to restock the basement pantry, or fill the freezer. A home repair or renovation. Or, a gun purchase. So, instead of reaching for my card to buy the gun stuff, I makes a few $250 withdrawals out of the ATM over a few days and go make the cash purchase. Don't really care if DC knows I bought beans, rice, and soy sauce, or new decking boards for my deck. I don't want them necessarily knowing I bought a couple of cases of 9mm.
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Says it right there, track buy/sell of that too.
Unless you're working through an exchange (which will report), how are they going to track it?
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I didn't read the full document. Is there any kind of threshold amount that gets you noticed? Like if $10K movement per month gets you audited, maybe $1000 per month keeps you under the radar.
$600 balance was what I read as the threshold.
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As they say, "1984" is their game plan, A through Z.
Roughly speaking, I think this one would bring us to about "M," but your estimate is as good as mine.
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$600 balance was what I read as the threshold.
$600 BALANCE?!? A $600 transaction threshold would be bad enough, but if they are talking about snooping on anyone who has an over $600 balance, that is draconian.
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$600 BALANCE?!? A $600 transaction threshold would be bad enough, but if they are talking about snooping on anyone who has an over $600 balance, that is draconian.
Uh, yeah. Not a per transaction report, year end on everything that happened in that account. But I am sure they will protect our data and only get the terrorists.
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Ahh, but you see, they're planning on "compromising" on that, with the "compromising" on that dollar value lending legitimacy to the concept as a whole, with subsequent "compromises" ultimately leading right back to their ultimate goal.
Oh, you naïve conservatives! MMM-BWAH-HAH-ha-ha-hahhhhh....
(https://armedpolitesociety.com/proxy.php?request=http%3A%2F%2Fviewfromthewing.com%2Fwp-content%2Fuploads%2F2015%2F07%2Fsnidelywhiplash.jpg&hash=775db4731e663913e32b0f280a6b908b58d4b103)
Terry, 230RN
Pic credit in Properties
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$600 BALANCE?!? A $600 transaction threshold would be bad enough, but if they are talking about snooping on anyone who has an over $600 balance, that is draconian.
Yes.
Say goodbye to no-fee or interest bearing accounts.
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The only way I can see to stay cash based without tracking in that system is to get most of your cash before it goes into effect and stick it under your mattress. Pull out as needed for cash transactions. Live with the fact that you are essentially losing money by not having it invested.
I didn't read the full document. Is there any kind of threshold amount that gets you noticed? Like if $10K movement per month gets you audited, maybe $1000 per month keeps you under the radar.
This just seems like another road towards a cashless society.
Cash is tracked to an extent with scanning of the serial numbers when they pass through banks and ATM's.
Welcome back to bartering.
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Right now, off the top of my head, I'd say my wife and I have about half a dozen accounts that would fit this, not taking into account my pension account with the state, or accounts in the names of the boys. Altogether, there are about a dozen related to our home. Let's say that there are 10,000,000 similar homes in the US with, let's say 10 accounts per home. That's 100,000,000 account reports being turned over to the feds. Let's say that the records are turned over in digital form. So, they run them through an algorithm, looking for flag terms. They'll look for donations to causes they don't like, gun stuff, political activity...
Isn't this info that they are already getting from our internet and phone activity???
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I heard talk that if this is implemented, it includes hiring a ton more IRS agents, and they plan on doing way more audits. They claim that as of now they should be doing some percentage (I can't remember what) more than they are.
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I imagine at first this would be used to go after tax evaders. After that, you would have to start explaining where money came from if you make a deposit. Who knows after that.
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I imagine at first this would be used to go after tax evaders. After that, you would have to start explaining where money came from if you make a deposit. Who knows after that.
I see lots of civil forfeitures occurring after a while. The government will start claiming various funds came from suspicious sources.
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I heard talk that if this is implemented, it includes hiring a ton more IRS agents, and they plan on doing way more audits. They claim that as of now they should be doing some percentage (I can't remember what) more than they are.
I figure this is 95% of the push. Gotta squeeze as much money as they can out of the public.
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Excuse to hire a LOT more government voters...
And you know that most of the ones who get hired are going to be racist haters.
There. I said it.
I see people wearing racial pride t-shirts every day.
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Definitely down for barter. My big thing is I don't need a lot of cash but every time a jar of honey, old junk vehicle or whatever gets sold that cash never sees a bank. Same with local farm work. If I get better off I will take 20K out of the bank and be sure to tell all the bank girls I am going to Atlantic city. And I will. Just with 30% of the money I withdrew. The majority of the time I will just live a good prole life. Weekly direct deposit, use my debit card, withdraw $200 a week for walking around money. Key change, spend $100 or less of that.
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Definitely down for barter. My big thing is I don't need a lot of cash but every time a jar of honey, old junk vehicle or whatever gets sold that cash never sees a bank. Same with local farm work. If I get better off I will take 20K out of the bank and be sure to tell all the bank girls I am going to Atlantic city. And I will. Just with 30% of the money I withdrew. The majority of the time I will just live a good prole life. Weekly direct deposit, use my debit card, withdraw $200 a week for walking around money. Key change, spend $100 or less of that.
That will get prosecuted as “structuring”, just like they do now for successive $9990 deposits.
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That will get prosecuted as “structuring”, just like they do now for successive $9990 deposits.
Meh, we all commit a felony or three everyday without knowing it. Toss on another. All about selective enforcement anyway, they cannot enforce all the laws and they know it. So make people live in fear and self enforce.
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That will get prosecuted as “structuring”, just like they do now for successive $9990 deposits.
Only if it's interesting enough to get noticed. And they are trying to get you for something and that's all they got.
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Right now, off the top of my head, I'd say my wife and I have about half a dozen accounts that would fit this, not taking into account my pension account with the state, or accounts in the names of the boys. Altogether, there are about a dozen related to our home. Let's say that there are 10,000,000 similar homes in the US with, let's say 10 accounts per home. That's 100,000,000 account reports being turned over to the feds. Let's say that the records are turned over in digital form. So, they run them through an algorithm, looking for flag terms. They'll look for donations to causes they don't like, gun stuff, political activity...
Isn't this info that they are already getting from our internet and phone activity???
It is a 4th amendment violation for the government to collect this info itself. The dodge is private corporations collect the info and then give or sell it to the government.
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I see lots of civil forfeitures occurring after a while. The government will start claiming various funds came from suspicious sources.
Yes.
Wow.
Yes.
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It is a 4th amendment violation for the government to collect this info itself. The dodge is private corporations collect the info and then give or sell it to the government.
Which should still be a 4th amendment violation, but too many squishy judges don't throw out those arguments.
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Which should still be a 4th amendment violation, but too many squishy judges don't throw out those arguments.
You misspelled complicit.
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Ayn Rand was ahead of the game in Atlas Shrugged
“Did you really think we want those laws observed?" said Dr. Ferris. "We want them to be broken. You'd better get it straight that it's not a bunch of boy scouts you're up against... We're after power and we mean it... There's no way to rule innocent men. The only power any government has is the power to crack down on criminals. Well, when there aren't enough criminals one makes them. One declares so many things to be a crime that it becomes impossible for men to live without breaking laws. Who wants a nation of law-abiding citizens? What's there in that for anyone? But just pass the kind of laws that can neither be observed nor enforced or objectively interpreted – and you create a nation of law-breakers – and then you cash in on guilt. Now that's the system, Mr. Reardon, that's the game, and once you understand it, you'll be much easier to deal with.”
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Get people to put their money in cash, then inflate the *expletive deleted*it out of it and voila!
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Get people to put their money in cash, then inflate the *expletive deleted*it out of it and voila!
Yep. Even now any large cash holding is dumb. Convert to something useful or just spend it for fun.
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Invest in precious metals, brass, copper, lead...
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Invest in precious metals, brass, copper, lead...
My 22LR stocks are doing well. Primers better than Dogecoin.
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Which should still be a 4th amendment violation, but too many squishy judges don't throw out those arguments.
I agree... getting a person's bank records should require a warrant. It is an obvious fourth amendment issue. Unfortunately, the Supreme Court is full of weasels. You have a right to privacy in your "papers" but that doesn't include bank records?!?!? :mad:
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I agree... getting a person's bank records should require a warrant. It is an obvious fourth amendment issue. Unfortunately, the Supreme Court is full of weasels. You have a right to privacy in your "papers" but that doesn't include bank records?!?!? :mad:
I heard someone talking about that not too far back. They mentioned that people should retain ownership of their information no matter how it was obtained by the govt or 3rd party. That would mean the govt shouldn't use it without permission/payment and neither should a 3rd party like Facebook or Google. Wishful thinking with politicians these days.
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House bill would exempt "local news journalists" from employment taxes:
https://twitchy.com/samj-3930/2021/09/14/straight-up-payoff-house-democrats-are-definitely-taking-care-of-their-base-exempting-this-group-from-employment-taxes/
Democrats taking care of their own.
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House bill would exempt "local news journalists" from employment taxes:
https://twitchy.com/samj-3930/2021/09/14/straight-up-payoff-house-democrats-are-definitely-taking-care-of-their-base-exempting-this-group-from-employment-taxes/
Democrats taking care of their own.
This no doubt includes the jobless "local journalists" covering the actions of their Antifa storm troopers.
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Ahh, but you see, they're planning on "compromising" on that, with the "compromising" on that dollar value lending legitimacy to the concept as a whole, with subsequent "compromises" ultimately leading right back to their ultimate goal.
Oh, you naïve conservatives! MMM-BWAH-HAH-ha-ha-hahhhhh....
(https://armedpolitesociety.com/proxy.php?request=http%3A%2F%2Fviewfromthewing.com%2Fwp-content%2Fuploads%2F2015%2F07%2Fsnidelywhiplash.jpg&hash=775db4731e663913e32b0f280a6b908b58d4b103)
Terry, 230RN
Pic credit in Properties
OK. If you're going to do "Snidely", I'll do "Dudley".
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(https://static.wikia.nocookie.net/legendsofthemultiuniverse/images/5/59/Savoir_Faire.jpg)
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(https://static.wikia.nocookie.net/legendsofthemultiuniverse/images/5/59/Savoir_Faire.jpg)
Savoir Faire is everywhere !
:old: =(