Judd Legum

@JuddLegum ↗

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Last Checked Aug. 29, 2022

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Thu Oct 21 13:56:06 +0000 2021

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Judd Legum @JuddLegum

7. This proposal would partially level the playing field and make it more difficult for the wealthy to avoid paying their taxes. Banks would only report the AGGREGATE deposits and withdrawals over a year to the IRS. https://t.co/GxkMOOXmKF — PolitiTweet.org

Posted Oct. 21, 2021 Hibernated

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Judd Legum @JuddLegum

6. Bank lobbyists, the right-wing media, and Republicans in Congress are spinning this as a gross violation of privacy. Keep in mind, wage-earners already have their EXACT INCOME reported to the IRS https://t.co/GxkMOOXmKF — PolitiTweet.org

Posted Oct. 21, 2021 Hibernated

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Judd Legum @JuddLegum

8. "Imagine a taxpayer who reports $10,000 of income; but has $10 million of flows in and out of their bank account. Having this summary information will help flag for the IRS when high-income people under-report their income" https://t.co/GxkMOOXmKF — PolitiTweet.org

Posted Oct. 21, 2021 Hibernated