Biden Needs the IRS to TAX low-income Waiters & Waitresses

Trumpet said:
When I read this, I just can't help but to wonder how objective this article is; the text sound sounds like it's leading the reader to a conclusion, rather then presenting the facts a letting the reader reach his own conclusion. .

As of January, the Biden Administration requires Americans to report to the IRS all business transactions using third-party payments – like Venmo and PayPal – for goods or services over $600 thanks to a provision hidden in Democrats’ partisan $2 trillion stimulus bill from March.

 The new reporting requirements will ensure anyone who sells a couch or pays a babysitter electronically could trigger further IRS scrutiny.

This violates President Biden’s own promise that greater tax enforcement wouldn’t hit lower or middle-income Americans.

President Biden is still demanding $80 billion in spending for an army of auditors to turn local banks into chapters of the IRS and increase audits for every American with a job.
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Are you doubting the $600 provision?

Entities such as CashApp have no doubts

https://cash.app/help/us/en-us/5641-tax-reporting-with-cash-for-business
 
Trumpet said:
I'm saying that this sounds like extremist house Trumplican propaganda, and they're the ones who most likely wrote this to propagate their agenda.
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Why are Democrats interested in such a small figure? $600 is a pittance.

Once upon a time, those that labored paid zero income tax. Now it comes right out of our check as they don't trust us to send it in. We went from paying zero at tax time to having it deducted because of a scheme to "soak the rich".

And now they want to see your paypal receipts that total up to $600 annually.... to soak the rich too, right? yeah. makes so much sense.

And all you want to do when faced with the fact that Biden is interested in $600 to question the motive of us trying to stop it?

You are a useless tool. Government is not going to save you from the rich, government is the rich and they keep using the dolts to get more and more power.
 
zymurgy said:
Why are Democrats interested in such a small figure? $600 is a pittance.

Once upon a time, those that labored paid zero income tax. Now it comes right out of our check as they don't trust us to send it in. We went from paying zero at tax time to having it deducted because of a scheme to "soak the rich".

And now they want to see your paypal receipts that total up to $600 annually.... to soak the rich too, right? yeah. makes so much sense.

And all you want to do when faced with the fact that Biden is interested in $600 to question the motive of us trying to stop it?

You are a useless tool. Government is not going to save you from the rich, government is the rich and they keep using the dolts to get more and more power.
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You might consider posting something that makes sense.
 
zymurgy said:
Why are Democrats interested in such a small figure? $600 is a pittance.

Once upon a time, those that labored paid zero income tax. Now it comes right out of our check as they don't trust us to send it in. We went from paying zero at tax time to having it deducted because of a scheme to "soak the rich".

And now they want to see your paypal receipts that total up to $600 annually.... to soak the rich too, right? yeah. makes so much sense.

And all you want to do when faced with the fact that Biden is interested in $600 to question the motive of us trying to stop it?

You are a useless tool. Government is not going to save you from the rich, government is the rich and they keep using the dolts to get more and more power.
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Leftists didn't realize Nancy Piglosi was at home during the lockdown with her $40,000 freezer filled with ice cream just like the rest of us until she wasnt and was out getting her hair done not like the rest of us. Leftists are useful idiots.
 
zymurgy said:
Are you doubting the $600 provision?

Entities such as CashApp have no doubts

https://cash.app/help/us/en-us/5641-tax-reporting-with-cash-for-business
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Well, you don't have to be concerned about it this year, as it has been delayed and won't take effect until next year!

Here is the problem- you've got many thousands of people- could be millions of people who have stores on EBAY, and take all their payment in PayPal- and are not reporting their incomes to the IRS.

So, if you can find an easier or better way to track that kind of income- WE'RE LISTENING!

Because there are people making millions of dollars a year running businesses on EBAY and other type of sales markets.

You pay your share of taxes- SHOULDN'T EVERYBODY? I mean that is a good question!

Nobody likes a freeloader right?
 
Geeko Sportivo said:
Well, you don't have to be concerned about it this year, as it has been delayed and won't take effect until next year!

Here is the problem- you've got many thousands of people- could be millions of people who have stores on EBAY, and take all their payment in PayPal- and are not reporting their incomes to the IRS.

So, if you can find an easier or better way to track that kind of income- WE'RE LISTENING!

Because there are people making millions of dollars a year running businesses on EBAY and other type of sales markets.
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So to get those people making millions, we need to look at those making $600?

yes, the best way to make sure you get more money from lower income Americans is to start looking at transactions for the year. Put a camera on them and so forth

We will make An Al Capone out of you hairdresser or favorite waitress yet - she likely has not been reporting her tips all these years, and Social Security is going bankrupt because of it.

That explains the $600 threshold to me.
 
Democrats ~ "America is racist"

Democrats ~ "Lets spy on Americans even those making $600 a year"

CUCKOO CUCKOO
 
zymurgy said:
So to get those people making millions, we need to look at those making $600?

yes, the best way to make sure you get more money from lower income Americans is to start looking at transactions for the year. Put a camera on them and so forth

We will make An Al Capone out of you hairdresser or favorite waitress yet - she likely has not been reporting her tips all these years, and Social Security is going bankrupt because of it.

That explains the $600 threshold to me.
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They sell cars and homes on EBAY! And PayPal has been used as a way to launder money for tax evaders for years.

The way PayPal works is the money is sent to your PayPal account by your buyers, and it will accumulate till you ask for PayPal to send the money to your Real Bank Account.

For people that are not high dollar operations will move their money before it reaches $600 transactions.

But those people selling cars and expensive items will transfer the money in larger amounts. THIS IS WHAT THE BILL IS INTENDED FOR.
 
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Libhater said:
Biden said that no one making less than $400,000 a year will not be affected by his tax increases. But Biden's new 87 K IRS agents will be targeting low-income waiters and waitresses' tips. This is nothing more than another big brother power grab by biden and his admin.

Is the biden administration becoming, or are they already an authoritarian/totalitarian style government? We all know its already America's worst and destruction administration in our history as a nation, so it shouldn't be too tough to add another name to this administration that clearly defines it to a tee. (MAFIA)....Make America Fail Insidiously Again.
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I have been doing my best to warn you about what this Revolution is up to.
 
zymurgy said:
Waitresses underreport tips too. Seems to me the $600 threshold is more geared towards the smaller infractions
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So waiters are actually making over 400K a year and not reporting it? I am surprised to find they cross that threshold.
Half of the new IRS employees are supposed to replace retirees. The rest are slated with auditing taxes of the super wealthy and corporations. The Repubs have deliberately slashed IRS funding so they could not audit those they work for, the wealthy and corporations. Biden is going to check the rich those making over 400K a year.
 
As you watch our leaders continue to attack restaurants remember that I tell you that WOKE is fundamentally anti-human, and that we have been betrayed.
 
Libhater said:
Biden said that no one making less than $400,000 a year will not be affected by his tax increases. But Biden's new 87 K IRS agents will be targeting low-income waiters and waitresses' tips. This is nothing more than another big brother power grab by biden and his admin.

Is the biden administration becoming, or are they already an authoritarian/totalitarian style government? We all know its already America's worst and destruction administration in our history as a nation, so it shouldn't be too tough to add another name to this administration that clearly defines it to a tee. (MAFIA)....Make America Fail Insidiously Again.
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It is not true as most of your threads are. https://www.politifact.com/factchec...please-are-irs-agents-coming-for-servers-tip/
 
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