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How Banking Ends

The infrastructure bill is getting some last minute inserts that’ll definitely kill the banking industry. The banking industry is pushing back. In a nutshell, biden’s administration* wants to report on annual deposits and withdrawals over $600.

Banks killed by friendly fire?

[https://www.theepochtimes.com/banks-oppose-bidens-new-proposal-on-irs-reporting_4007332.html](https://www.theepochtimes.com/banks-oppose-bidens-new-proposal-on-irs-reporting_4007332.html)



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4 Comments

  1. >biden’s administration wants to report on annual deposits and withdrawals over $600.

    No, it’s even worse than that. They want every bank in the USA to report all of the inflows and outflows of every bank account that has a balance of $600 or more to the IRS.

  2. You’re reading this 100% wrong, the Biden administrations infrastructure bill wants to unconstitutionally spy on the movement of assets of anyone holding more than 600$ in their bank account which would be like 99% of people with bank accounts. Biden tyranny nothing new here

  3. They want every last cent people are using to outsmart them and get ahead. You have the exact amount of money that they decide you get. Soon they will outlaw cash or make it so hard to get it’s useless. This is why they will want cbdc. All freedoms end with convenience.

What do you think?

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