The IRS Wants Access to Your Bank (Biden’s Sinister Plan). Mr. Biden along with the IRS have proposed a new plan for fiscal year 2022…..and that’s to get banks to give you information about YOUR bank account information on transactions of $600 and over. In this video we will cover exactly what the government is proposing to make sure they get their tax revenue from your private account and have no transaction under $600 go without getting their “cut”. This is also a COMPLETE violation of our 4th amendment rights!
0:40 What Biden has proposed
2:40 The counter argument
5:35 The second thing that Biden wants
9:09 Daniel’s big picture question
11:45 Final thoughts
Government Fiscal Policy FY2022:
Hamilton Tax & Accounting
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—DISCLAIMER— The suggestions, advice, and/or opinions that are given by Sam Kwak and Daniel Kwak (The Kwak Brothers) are simply opinions. There are no guarantees of set outcomes. Listeners, guests, and attendees are advised to always consult with attorneys, accountants, and other licensed professionals when doing a real estate investment transaction. Listeners, guests, and attendees are to hold The Kwak Brothers and its brand harmless from any liabilities and claims. Not all deals will guarantee any profit or benefits. Listeners, guests, and attendees are to view and listen to all materials and contents furnished by the Kwak Brothers as a perspective based upon experience.