Quote:
Originally Posted by Encroaching Death
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The IRS will be reducing which transactions will be monitored to the $600 mark.
So it sounds like they're targetting the common masses.
You'll get a letter in the mail from the IRS claiming you owe them $40 for some BS reason and what are you going to do? Hire a lawyer over $40?
The IRS will easily be able to fleece the poor and middle class. Just like they're fleecing those who invest in Crypto, who majority are young Americans with little to no assets to their name and the moment they start getting a slice of that sweet pie - they swoop in to take it all.
The younger generations are essentially a serf class. And the IRS wants to take their nickels away.
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The famous $600 income tax bracket.