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Started By
Message
re: IRS delays reporting rule for $600 electronic payments
Posted on 12/24/22 at 3:51 pm to Cobra Tate
Posted on 12/24/22 at 3:51 pm to Cobra Tate
quote:
Using a debit/ credit is basically digital currency that they can already track
True, but currently you can still use cash and that's what the LWO DC Establishment is trying to eliminate.
0
Posted on 12/24/22 at 4:22 pm to cajunangelle
quote:
Democrats had tucked the $600 reporting requirement in their coronavirus stimulus plan last year, figuring it would help the IRS go after people who were using cash apps to hide income. But people had worried that the companies wouldn’t be able to sort out taxable sales from other transactions such as reimbursing roommates for rent or friends sharing the cost of a meal.
We only want to tax people making over 400k. We won’t ever touch the rest of you.
How can democrats continue to listen to this while joe Biden is giving you the reach around?
Posted on 12/24/22 at 4:25 pm to ksayetiger
quote:
Newsflash: they already monitor all your transactions, they are just trying to make a way to make it legal
They want their piece of your business. Always have.
Anything you are reselling on those apps already were taxed. We went to war against the crown for less than this shite.
We are fricked.
Posted on 12/24/22 at 4:51 pm to beerJeep
quote:
Tbh it sounds like something that would “disproportionately affect minorities and disadvantaged persons” aka is raysis af according to the modern definition of “raysis af”.
Oh, we really need to start pushing this narrative hard...
Posted on 12/24/22 at 7:23 pm to cajunangelle
quote:Even better, you will obviously sell it for less than you paid, which is a loss. Does that mean I can take a deduction on the difference in what I paid and what I sold it for?
You paid the tax once for the bedroom set, so is it not technically double taxation?
Posted on 12/24/22 at 7:32 pm to cajunangelle
"No one making less than $400,000 will see their taxes increase". I seent it and heard the lying piece of shite say it.
Posted on 12/24/22 at 8:41 pm to cajunangelle
Right and I'm going to trust these bunch of corrupt jerks
Posted on 12/24/22 at 9:46 pm to cajunangelle
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