To help find those funds, the administration wants banks to give the Internal Revenue Service new details on their customers and provide data for accounts with total annual deposits or withdrawals worth more than $600. That has sparked an uproar among banks and Republican lawmakers, who say giving the I.R.S. such power would be an enormous breach of privacy and government overreach.
This is from The New York Times, Oct 11, 2021
I don’t like Tax cheats, and very ultra-rich people who employ armies of CPAs and lawyers to evade tax laws, or even get Lawmakers to draft loopholes for their riches. But, I find it truly bizarre when our Government decides to snoop on our bank accounts.
It’s my money, I worked hard to get it, and I especially value my privacy.
I appeal to the Fourth Amendment “search and seizure” to our U.S. Constitution,
The right of the people to be secure in their persons, houses, papers, and effects, against unreasonable searches and seizures, shall not be violated, and no Warrants shall issue, but upon probable cause, supported by Oath or affirmation, and particularly describing the place to be searched, and the persons or things to be seized.
I find the IRS going through my bank account an unreasonable search. What is there just cause? That I am employed?
I admit that I am a layman, not a trained lawyer or CPA. I am a tyro — running for US Senate without a party, unaffiliated — an Independent. If you would like to comment, please write me at firstname.lastname@example.org