SuzukiSavage.com - Really? Trump was a bad guy?

WebsterMark

Serious Thumper

Offline

SuzukiSavage.com
Rocks!

Posts: 13170

Gender: male

Re: Really? Trump was a bad guy?
Reply #15 - 09/21/21 at 04:58:13

justin_o_guy2 wrote on 09/20/21 at 05:41:10:

You Biden supporters piss me OFF..

Biden administration is pressuring lawmakers to enact a controverisal plan requiring banks to turn over to the Internal Revenue Service detailed information about inflows and outflows of almost all American bank accounts.

Treasury Secretary Janet Yellen and IRS Commissioner Charles Rettig sent letters to lawmakers this week asking Congress to include in tax hike legislation a requirement that banks report annual transaction data on accounts with $600 or more or that have $600 worth of transaction over the year, the Wall Street Journal reported.

The result would be the collection of detailed data about the bank transactions of tens of millions of everyday Americans.

The aim is to help the I.R.S. collect taxes from individuals and businesses on unreported income and to create more leads for audits.

The Biden administration claims the additional information would

TYRANNICAL not a very nice person BIDEN SUCKSASS

This is another mechanism of control. If this goes through, 5 years from now, if someone holds a garage sale and sells off a lot of cool old stuff they’ve collected over the years and deposits $3500 dollars, they’ll get a letter from IRS asking for an explanation along with a note they may be liable for taxes.

We need a revolution.

Back to top

IP Logged

Eegore

Serious Thumper

Offline

SuzukiSavage.com
Rocks!

Posts: 8397

Re: Really? Trump was a bad guy?
Reply #16 - 09/21/21 at 05:58:08

"This is another mechanism of control. If this goes through, 5 years from now, if someone holds a garage sale and sells off a lot of cool old stuff they’ve collected over the years and deposits $3500 dollars, they’ll get a letter from IRS asking for an explanation along with a note they may be liable for taxes."

They are liable for taxes. If they choose to commit a crime by not reporting that income the IRS "should" notify them.

The issue is if the income is below the payable threshold. If people shouldn't pay taxes for earned income at garage sales we need to legislate that, not complain that a Federal Agency isn't willing to break the law.

Back to top

IP Logged

MnSpring

Serious Thumper

Offline

Younger than most
people my age.

Posts: 9384
Minn
Gender: male

Re: Really? Trump was a bad guy?
Reply #17 - 09/21/21 at 07:00:10

Quote:

Eegore wrote on 09/21/21 at 05:58:08:

They are liable for taxes. ...

Awesome when you Spin
by not providing ALL the information on a subject.
Something you do on a regular basis,
when you berate other people for not providing information.

Quote:
“ … They are liable for taxes … “

Forget to mention, how they got that thing ?
They paid for it with money, they have paid taxes on.
And they most probably paid even more for that thing, by a ‘sales tax’.

Quote:
“ … a letter from IRS asking for an explanation … “

Then perhaps that letter should say.
‘I paid 50.00 for that, with Taxed money from my Job.
also paid sales tax on it.
I sold it for 20.00.
Now you want to tax that 20.00 AGAIN !'

Then,
Gee Wally, how can someone forget a simple thing like ‘Capital Gains’.

Everyone that posts here,
has a opinion of the other people,
and how left/right of center they are.

I used to think you were just a bit left of center.
With your last several posts,
I believe, (and that is I, just I, with the exclusivity of I)
You are very left of center.

Back to top

Ben Franklin once said: "If you give up a freedom, for the sake of security, you will have neither".
Which is More TRUE, today, than yesterday.('06, S-40, Stock) well, mostly .

IP Logged

MnSpring

Serious Thumper

Offline

Younger than most
people my age.

Posts: 9384
Minn
Gender: male

Re: Really? Trump was a bad guy?
Reply #18 - 09/21/21 at 07:35:10

Let’s see.
I sell something for 500.00 at a garage sale/flea market/in a store/ on consignment.

Some people believe I should be taxed for all 500.00,
(so illegal aliens/illegal drug users/lazy/etc people,
AND politicians like AOC can STUFF their pockets)

So I pay 100.00 for wood,
(With Already Taxed Money)
100.00 for paint/stain/sandpaper/brushes/etc.
(With Already Taxed Money)
Then have bought a saw/drill/etc, 300.00 of tools,
(With Already Taxed Money),which are added up and deprecated.

So my NET, (my labor which is not taxed) is 200.00.
200.00 is taxed !!!!!

BUT, WAIT !
A person who bought a shirt for their baby for 10.00 (With Already Taxed Money)
now sells it for 1.00 at a garage sale.
The IRS (according to what some people want)
will jump out from behind the cars !!!!!!!!!!!

Yep, it won’t happen overnight,
but when people say:
“… that regulation/law does not exist... yet …”

Make sure you get out those sleds,
(and Ice Creme Cones)

Back to top

Ben Franklin once said: "If you give up a freedom, for the sake of security, you will have neither".
Which is More TRUE, today, than yesterday.('06, S-40, Stock) well, mostly .

IP Logged

Serowbot YaBB Moderator ModSquad Offline OK.... so what's the speed of dark? Posts: 28701 Tucson Az Gender:	Re: Really? Trump was a bad guy? Reply #19 - 09/21/21 at 08:12:28 You don't understand capital gains at all.
Back to top	Ludicrous Speed !... ... ... IP Logged

Eegore

Serious Thumper

Offline

SuzukiSavage.com
Rocks!

Posts: 8397

Re: Really? Trump was a bad guy?
Reply #20 - 09/21/21 at 13:20:59

"You don't understand capital gains at all."

Yeah I'm not even going to bother with going over how many things are wrong in his posts.

I said they are liable for taxes. He acts like I said they are liable for 100% of income. Bottom line is most people take the "Standard Deduction" because they don't want to itemize every purchase and expense. Go ahead, do it how you want, and ignore that my point is we get further adjusting tax law than we do complaining that the IRS won't ignore law.

Stop asking the IRS to look the other way and instead change law so they don't have that power over you.

Back to top

IP Logged

Eegore

Serious Thumper

Offline

SuzukiSavage.com
Rocks!

Posts: 8397

Re: Really? Trump was a bad guy?
Reply #21 - 09/21/21 at 13:23:46

Everyone that posts here,
has a opinion of the other people,
and how left/right of center they are.

I could care less. Political affiliation has little to do with tax law and how accurate that interpretation is.

I used to think you were just a bit left of center.
With your last several posts,
I believe, (and that is I, just I, with the exclusivity of I)
You are very left of center.

Ok. I as I have said before, do not think a Center exists.

I agreed with JoG about the nexus of IRS data collection but since I am not willing to just complain about it, and not willing to ignore the inaccurate portions it is treated like I am Pro-IRS data collection.

This is the same nonsense all over again. I debate the accuracy of one portion and people act like I am saying the IRS should be able to collect our financial data.

Acknowledging law is not equal to agreeing with it.

Back to top

IP Logged

justin_o_guy2 Serious Thumper Offline What happened? Posts: 55279 East Texas, 1/2 dallas/la.	Re: Really? Trump was a bad guy? Reply #22 - 09/21/21 at 14:44:34 The Little Guy has watched the honorable elite find their way to MILLYUNZ of dawlurz in net worth while making government paycheck money. And NOW these fukkers want to sniff up our skirts to See if We are breaking a fukking LAW?? If they don't actually Want a revolution, they sure are sending mixed messages.
Back to top	The people never give up their liberties but under some delusion.- Edmund Burke. IP Logged

Eegore

Serious Thumper

Offline

SuzukiSavage.com
Rocks!

Posts: 8397

Re: Really? Trump was a bad guy?
Reply #23 - 09/21/21 at 15:10:51

And NOW these fukkers want to sniff up our skirts to See if We are breaking a fukking LAW??
If they don't actually Want a revolution, they sure are sending mixed messages.

Except its not individual account surveillance, but you won't read the actual Proposal so I'm not going to bother trying to explain because I will just be told I'm wrong, even though the evidence won't be looked at.

Just because I don't think your perception is accurate does not mean I am pro-IRS data mining. it just means I think if we are going to fight for something we should know what it is we are fighting against.

My question is why on earth are you operating under the expectation that any Government agency is going to operate under the procedure that they ignore law.

Back to top

IP Logged

justin_o_guy2 Serious Thumper Offline What happened? Posts: 55279 East Texas, 1/2 dallas/la.	Re: Really? Trump was a bad guy? Reply #24 - 09/21/21 at 15:14:35 It's not like that and you know it. Ignore what I said, man, LOOK at the brilliant investors who are the princes and princesses of America. They want to hold the little guy to a standard of Absolute Perfection while they ignore the crooks in DC.
Back to top	The people never give up their liberties but under some delusion.- Edmund Burke. IP Logged

Eegore

Serious Thumper

Offline

SuzukiSavage.com
Rocks!

Posts: 8397

Re: Really? Trump was a bad guy?
Reply #25 - 09/21/21 at 15:25:19

Ignore what I said, man,
LOOK at the brilliant investors who are the princes and princesses of America.
They want to hold the little guy to a standard of Absolute Perfection while they ignore the crooks in DC.

Obviously a larger amount of resources should go to collecting larger amounts of money.

If you can point to me the actual allocation of IRS resources towards "average" income Americans versus "high" or "highest" income Americans I would be happy to look it over, run it past some analysts and statisticians to see if improvements could be made.

But what you provide is an inaccurate assessment of what this Proposal is making. So I choose not to assume that this Proposal re-allocates resources away from higher yield tax collection to go after "the little guy" unless I see a reason, or evidence. Instead I will use the actual words in the Proposal and the actual words in the article you referenced and say that those procedures will work better.

To go fighting the Proposal using the "ignoring" of crooks in DC will go nowhere.

Back to top

IP Logged

justin_o_guy2 Serious Thumper Offline What happened? Posts: 55279 East Texas, 1/2 dallas/la.	Re: Really? Trump was a bad guy? Reply #26 - 09/21/21 at 16:05:51 Excellent America is working out great
Back to top	The people never give up their liberties but under some delusion.- Edmund Burke. IP Logged

MnSpring Serious Thumper Offline Younger than most people my age. Posts: 9384 Minn Gender:	Re: Really? Trump was a bad guy? Reply #27 - 09/21/21 at 17:26:12 Serowbot wrote on 09/21/21 at 08:12:28: You don't understand capital gains at all. Tell ya what. You do what you believe you should do. Don't worry about me, I got me covered !
Back to top	Ben Franklin once said: "If you give up a freedom, for the sake of security, you will have neither". Which is *More TRUE, today, than yesterday.('06, S-40, Stock) well, mostly* . IP Logged

MnSpring

Serious Thumper

Offline

Younger than most
people my age.

Posts: 9384
Minn
Gender: male

Re: Really? Trump was a bad guy?
Reply #28 - 09/21/21 at 17:30:27

Eegore wrote on 09/21/21 at 15:25:19:

" ... If you can point to me the actual allocation of IRS resources towards "average" income Americans versus "high" or "highest" income Americans I would be happy to look it over, run it past some analysts and statisticians to see if improvements could be made. ..."

OK,

Let me check that out,
with someone who, KNOWS !

Grin

Back to top

Ben Franklin once said: "If you give up a freedom, for the sake of security, you will have neither".
Which is More TRUE, today, than yesterday.('06, S-40, Stock) well, mostly .

IP Logged

justin_o_guy2

Serious Thumper

Offline

What happened?

Posts: 55279
East Texas, 1/2 dallas/la.

Re: Really? Trump was a bad guy?
Reply #29 - 09/21/21 at 22:58:20

80 billion in new IRS funding to hire 87,000 new agents. This would allow the IRS to audit and harass small businesses and American families for an additional $787 billion. It would hire enough new IRS agents to fill Nationals Park twice.
Treasury Confirms: Biden Plans to Hire 87,000 New IRS ...
www.atr.org/treasury-confirms-biden-plans-hire-87000-new-irs-agents-enough-fi...
www.atr.org/treasury-confirms-biden-plans-hire-87000-new-irs-

Back to top

The people never give up their liberties but under some delusion.- Edmund Burke.

IP Logged