https://www.foxbusiness.com/money/venmo-paypal-cash-app-report-payments-irs Venmo, PayPal and Cash App to report payments of $600 or more to IRS this year. That’s $600 in total. I bet only billionaires receive more than $600 a year, and the thousands of IRS employees working on this crap must all vote a certain party.
Rip to the tenants who use Venmo to receive payment for subletting
Tax the rich bills are dead now, so tax the middle class is on.
It’s always about taxing the middle class. Almost all billionaires support Democrats.
Yup that’s why stepped up basis and carried interest have zero chance of passing while they negotiate SALT deduction.
This is a gigantic load of shit
I am a cow Everyday I go work and have my teats roughly milked until they're blistering red I come home and sedate myself with light coming from a box on the wall. Images of a phallic rocket with a man inside lifts off into space. I drift into unconsciousness. Tomorrow will come whether I want it to or not.
Only counts if the transactions are marked for goods and services
This happens every time when they say "tax the billionaires" lol. Here's hoping it's there to catch tax dodging vendors and not screw over normal people.
Should tax cheats pay their taxes? Yes.
Not worth it if we taxpayers have to feed 10 thousands Democrats “IRS employees” to collect 10 million bucks per year. And you didn’t count how much time people waste on dealing with this crap. Big government lovers seem to never realize they are intrusive to people and wasting people’s valuable time.
I dunno if anything this seems like it would require less employees since now the information will be reported to automated systems and and it will be easier for the filer since they will get the necessary documents to file with their taxes without needing to manually tally everything up.
Tech Industry
7h
1106
The end of Backdoor Roth?!
Tech Industry
15h
377
Which would you chose, remote overemployment or move to Googe/Meta??
2024 Presidential Election
15h
512
Heartwarming peaceful protests
Tech Industry
18h
3435
Asians - what are your thoughts on asian female white male ?
India
13h
507
Who are these retards asking for dictatorship in India?
Tax land value