In another move to expand their police state policy, the Democrats have included massive spending increases for the IRS in their $3.5 trillion spending and a provision that will authorize them to collect data on all bank transactions of $600 or more. Previously the amount had been $10,000.
What are they going to do with this massive amount of data? They sure can’t process it all. It will greatly increase the cost of banking, which will lower dividends to shareholders and interest paid to savings account and CD holders.
What they will do with it will be to persecute those whom the government views as “domestic terrorists.” To qualify for that list, all you have to do is disagree with Democrat Party policy. We are seeing that now with the FBI and Justice Departments’ investigation of parents who have spoken up against their local schoolboard’s policies.
This measure will allow the IRS have “evidence” against anyone they care to prosecute. As it is with all IRS proceedings, you are guilty until you can prove yourself innocent. In the meantime, your resources will be depleted by legal bills.
That is another Democrat tactic. Ruin people financially by prosecuting them with trumped up charges in court. Proposals to expand the police state are alive and well in the Democrat Party.