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This, of course, was just another Biden Lie from the maladministration. I\u2019m not sure of the real reason, but it would have probably cost the average American thousands of dollars, and without question the IRS would have started seizing people\u2019s accounts with little to no recourse. Needless to say, as the information came out on just what the Treasury, under Transnational Globalist Janet Yellen was planning, people became a bit upset. Now the Communazis are beginning to rethink their plans. Here are the details from the Washington Examiner<\/b><\/a>:<\/p>\n Congressional Democrats, concerned over lukewarm public enthusiasm for their massive social welfare spending package, may be forced to modify a tax-raising provision that has prompted significant backlash. <\/b><\/p>\n Luke warm? Is that a new term for \u201cAre you f**ing kidding me? How does Hell NO strike you?\u201d<\/p>\n A plan to provide the IRS with access to individual bank accounts with balances as low as $600 may end up significantly modified or even dropped altogether amid opposition from lawmakers and trade groups who say it would infringe on privacy and create significant liability for financial institutions as well as add new costs for consumers. <\/b><\/p>\n How about we go for the \u201cDropped altogether\u201d choice Wink. (As in Wink Martindale<\/a>)<\/p>\n Speaker Nancy Pelosi, a California Democrat, brushed off concerns about the provision when reporters asked about it on Tuesday but acknowledged the terms could change. <\/b><\/p>\n \u201cYes, there are concerns that some people have,\u201d Pelosi said. \u201cBut if people are breaking the law and not paying their taxes, one way to track them is through the banking measure.\u201d <\/b><\/p>\n San Fran Nan is nothing if not consistent in her contempt for the average American and their constitutional rights. She\u2019s also as politically tone deaf as Felonia von Pantsuit, and frankly. Most of the moonbats in Congress.<\/p>\n As for the $600 threshold, she added, \u201cthat’s a negotiation that will go on, as to what the amount is.\u201d <\/b><\/p>\n Right now, banks have to report any cash deposit over $10,000 dollars. Most people don\u2019t make those deposits. About the only ones that do are businesses that handle a lot of cash, small stores, restaurants, and other assorted businesses. When they make those deposits, they have to fill out a form.<\/p>\n Back during the Obama Regime, some bright bulb came up with the idea of forcing anyone who paid something like $600 to anyone else for any reason, to fill out a 1099 form. The requirements would have basically strangled the economy, and probably would have gone sideways of people started being assaulted by the Internal Revenue Service. Needless to say, that stupid idea was quickly shut down.<\/p>\n The provision could backfire for Democrats who are struggling to increase <\/a>public approval of the Build Back Better plan. <\/b>The massive social welfare package Democrats hope to jam through the House and Senate this year would create a broad array of new government programs, paid for <\/a>with tax increases. <\/b><\/p>\n The more correctly named \u201cBuild Back Broke\u201d plan is sinking almost as fast as Dementia Joe\u2019s poll numbers. Once people see what it entails, and that it\u2019s going to cost them thousands of dollars in new taxes, they are rightfully saying \u201cNo way in Hell are you going to do this!\u201d<\/p>\n<\/a><\/p>\n<\/a><\/p>\n