MAGA First News with Peter Boykin

BIDEN'S PLAN TO AUDIT THE POOR 3X MORE THAN THE RICH

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Sinopsis

BIDEN'S PLAN TO AUDIT THE POOR 3X MORE THAN THE RICHIf you were President of the United States, would you focus on making sure the rich or the poor were paying their "fair share" of taxes? Joe Biden has chosen to harass poor Americans.According to an analysis of Biden's new tax plan, the Internal Revenue Service (IRS) is three times more likely to audit Americans making less than $25,000 than people in the top 1% of wealth.Biden's low-income harassment plan is part of his plan to fund the $3.5 trillion dollars in government spending he and the Democrat party are proposing. Biden plans to direct the IRS to monitor all of your deposits and withdrawals that are $600 or more.This would cover an estimated 140 million bank accounts and raise about $700 billion in tax revenue from them. 40 American banks are ringing the alarm bells, urging Democrats to eliminate this provision from their bill, saying “without proper explanation of how the IRS will store, protect, and use this enormous trove of personal financial inf