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	Comments on: Democrats propose more spying on your bank account	</title>
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	<link>https://thenewneo.com/2021/10/20/democrats-propose-more-spying-on-your-bank-account/</link>
	<description>A blog about political change, among other things</description>
	<lastBuildDate>Fri, 22 Oct 2021 19:16:38 +0000</lastBuildDate>
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		<title>
		By: AesopFan		</title>
		<link>https://thenewneo.com/2021/10/20/democrats-propose-more-spying-on-your-bank-account/#comment-2584342</link>

		<dc:creator><![CDATA[AesopFan]]></dc:creator>
		<pubDate>Fri, 22 Oct 2021 19:16:38 +0000</pubDate>
		<guid isPermaLink="false">https://www.thenewneo.com/?p=111484#comment-2584342</guid>

					<description><![CDATA[@ JimNorCal &#062; &quot;Hoarders, wreckers, hooligans and kulaks seem bent on damaging the wondrous economy the Biden Admin has provided?&quot;

Next act: extending surveillance of your bank transactions to your grocery store receipts.  Yes, they have the technology to do that, because we are all signed up as &quot;favored shoppers&quot; to get the discounts. 

From the Breitbart post: &quot;the shelves at stores [are] less stocked due to Biden supply chain crisis&quot;

..which is NOT the same as a year ago, when the shelves were less stocked because the ag producers and processing manufacturers had all their staff out sheltering at home instead of working.

This is totally on the Biden administration and California&#039;s insane economic regulations.

However, since stores opened and production ramped up again fairly soon last year, my hoard is still in place from 2020.
Except for the hand sanitizer &#038; pinto beans that were lost in a tragic canoe accident during the summer.]]></description>
			<content:encoded><![CDATA[<p>@ JimNorCal &gt; &#8220;Hoarders, wreckers, hooligans and kulaks seem bent on damaging the wondrous economy the Biden Admin has provided?&#8221;</p>
<p>Next act: extending surveillance of your bank transactions to your grocery store receipts.  Yes, they have the technology to do that, because we are all signed up as &#8220;favored shoppers&#8221; to get the discounts. </p>
<p>From the Breitbart post: &#8220;the shelves at stores [are] less stocked due to Biden supply chain crisis&#8221;</p>
<p>..which is NOT the same as a year ago, when the shelves were less stocked because the ag producers and processing manufacturers had all their staff out sheltering at home instead of working.</p>
<p>This is totally on the Biden administration and California&#8217;s insane economic regulations.</p>
<p>However, since stores opened and production ramped up again fairly soon last year, my hoard is still in place from 2020.<br />
Except for the hand sanitizer &amp; pinto beans that were lost in a tragic canoe accident during the summer.</p>
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		<title>
		By: AesopFan		</title>
		<link>https://thenewneo.com/2021/10/20/democrats-propose-more-spying-on-your-bank-account/#comment-2584337</link>

		<dc:creator><![CDATA[AesopFan]]></dc:creator>
		<pubDate>Fri, 22 Oct 2021 19:04:15 +0000</pubDate>
		<guid isPermaLink="false">https://www.thenewneo.com/?p=111484#comment-2584337</guid>

					<description><![CDATA[Legal Insurrection threads are almost as good as Neo&#039;s. (h/t Barry at
(h/t Barry Meislin on October 21, 2021 at 7:55 am)

Matt Munson points out a general purpose observation of the current situation with the Administrative State as run by the Deep State:

https://legalinsurrection.com/2021/10/natl-assoc-of-county-and-city-health-officials-ask-biden-doj-for-protection-just-like-nsba/#comment-1217739
&lt;blockquote&gt;I remember when we wondered – “Why does the DHH have a SWAT Team?” – “Why does the Dept of Education need a team of Enforcers with Automatic Weapons?” 

Now, we know.&lt;/blockquote&gt;

Followed by other commenters:
&lt;blockquote&gt;Why are there all these “associations” into which my tax money is flowing, instead of to do the work those folks are supposed to be doing?

I think everyone should do the gumshoe work necessary to zero out those lines in their local budgets. All “associations” eventually turn into funding for the Dem party at some point.
&lt;/blockquote&gt;

&lt;blockquote&gt;Any “national association” of government types is nothing but the government lobbying itself against the interests of the taxpayers and voters. They should be illegal for using the people’s money to promote things the people don’t support.
&lt;/blockquote&gt;

&lt;blockquote&gt;“I am sick and tired of people who say that if you debate and you disagree with this administration, somehow you’re not patriotic. We should stand up and say we are Americans and we have a right to debate and disagree with any administration.”

Hillary Clinton, April 28, 2003

Ow! My ears hurt just writing this quote.
&lt;/blockquote&gt;]]></description>
			<content:encoded><![CDATA[<p>Legal Insurrection threads are almost as good as Neo&#8217;s. (h/t Barry at<br />
(h/t Barry Meislin on October 21, 2021 at 7:55 am)</p>
<p>Matt Munson points out a general purpose observation of the current situation with the Administrative State as run by the Deep State:</p>
<p><a href="https://legalinsurrection.com/2021/10/natl-assoc-of-county-and-city-health-officials-ask-biden-doj-for-protection-just-like-nsba/#comment-1217739" rel="nofollow ugc">https://legalinsurrection.com/2021/10/natl-assoc-of-county-and-city-health-officials-ask-biden-doj-for-protection-just-like-nsba/#comment-1217739</a></p>
<blockquote><p>I remember when we wondered – “Why does the DHH have a SWAT Team?” – “Why does the Dept of Education need a team of Enforcers with Automatic Weapons?” </p>
<p>Now, we know.</p></blockquote>
<p>Followed by other commenters:</p>
<blockquote><p>Why are there all these “associations” into which my tax money is flowing, instead of to do the work those folks are supposed to be doing?</p>
<p>I think everyone should do the gumshoe work necessary to zero out those lines in their local budgets. All “associations” eventually turn into funding for the Dem party at some point.
</p></blockquote>
<blockquote><p>Any “national association” of government types is nothing but the government lobbying itself against the interests of the taxpayers and voters. They should be illegal for using the people’s money to promote things the people don’t support.
</p></blockquote>
<blockquote><p>“I am sick and tired of people who say that if you debate and you disagree with this administration, somehow you’re not patriotic. We should stand up and say we are Americans and we have a right to debate and disagree with any administration.”</p>
<p>Hillary Clinton, April 28, 2003</p>
<p>Ow! My ears hurt just writing this quote.
</p></blockquote>
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		<title>
		By: Art Deco		</title>
		<link>https://thenewneo.com/2021/10/20/democrats-propose-more-spying-on-your-bank-account/#comment-2584302</link>

		<dc:creator><![CDATA[Art Deco]]></dc:creator>
		<pubDate>Fri, 22 Oct 2021 17:57:33 +0000</pubDate>
		<guid isPermaLink="false">https://www.thenewneo.com/?p=111484#comment-2584302</guid>

					<description><![CDATA[&lt;i&gt;Incorrect. Banks (like casinos) are required to report CASH transactions in excess of $10,000.00. In other words, if you deposit a check for $11,000.00, nothing gets reported.&lt;/i&gt;

I&#039;m confused. Can you enlighten us as to how Dennis Hastert and Eliot Spitzer got charged with structuring if they could have just written a check for the full  amount and avoided the reporting requirement?]]></description>
			<content:encoded><![CDATA[<p><i>Incorrect. Banks (like casinos) are required to report CASH transactions in excess of $10,000.00. In other words, if you deposit a check for $11,000.00, nothing gets reported.</i></p>
<p>I&#8217;m confused. Can you enlighten us as to how Dennis Hastert and Eliot Spitzer got charged with structuring if they could have just written a check for the full  amount and avoided the reporting requirement?</p>
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		<title>
		By: WIlson H Carroll		</title>
		<link>https://thenewneo.com/2021/10/20/democrats-propose-more-spying-on-your-bank-account/#comment-2584298</link>

		<dc:creator><![CDATA[WIlson H Carroll]]></dc:creator>
		<pubDate>Fri, 22 Oct 2021 17:53:41 +0000</pubDate>
		<guid isPermaLink="false">https://www.thenewneo.com/?p=111484#comment-2584298</guid>

					<description><![CDATA[&quot;Banks are already required to report transactions in excess of $10,000 to the IRS (as well as transactions that are “structured” to remain below that threshold) . . .&quot;

Incorrect.  Banks (like casinos) are required to report CASH transactions in excess of $10,000.00. In other words, if you deposit a check for $11,000.00, nothing gets reported.  If you deposit $11,000.00 in cash, that gets reported.  This proposed new rule makes no distinction between cash transactions and other transactions, which makes it drastically more intrusive than existing rules.]]></description>
			<content:encoded><![CDATA[<p>&#8220;Banks are already required to report transactions in excess of $10,000 to the IRS (as well as transactions that are “structured” to remain below that threshold) . . .&#8221;</p>
<p>Incorrect.  Banks (like casinos) are required to report CASH transactions in excess of $10,000.00. In other words, if you deposit a check for $11,000.00, nothing gets reported.  If you deposit $11,000.00 in cash, that gets reported.  This proposed new rule makes no distinction between cash transactions and other transactions, which makes it drastically more intrusive than existing rules.</p>
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		<title>
		By: AesopFan		</title>
		<link>https://thenewneo.com/2021/10/20/democrats-propose-more-spying-on-your-bank-account/#comment-2584280</link>

		<dc:creator><![CDATA[AesopFan]]></dc:creator>
		<pubDate>Fri, 22 Oct 2021 17:26:23 +0000</pubDate>
		<guid isPermaLink="false">https://www.thenewneo.com/?p=111484#comment-2584280</guid>

					<description><![CDATA[CommoChief has a great true story here. 
https://legalinsurrection.com/2021/10/natl-assoc-of-county-and-city-health-officials-ask-biden-doj-for-protection-just-like-nsba/#comment-1217728
&quot;I attended a a council meeting in a small town a few years ago. One of the agenda items was a request from city code department to install bullet resistant barriers/glass to separate the public from the employees. There had been zero attacks on any employees, but there were some irate members of the public responding to the new code enforcement officials; they hired a supervisor from CA. This individual was a very condescending ‘I make the rules’ guy.

I simply pointed out that this wasn’t a beneficial expenditure. First, the public could simply wait to confront this person when he left the office. Second the focus of the code department, according to the charter, was to inform, educate and assist with voluntarily compliance with enforcement/compulsion being the last resort.

Finally I pointed out that his bullying behavior was the source of the problem, all this began upon his arrival, and that deliberately PO the public and receiving negative feedback wasn’t a good reason to spend tax dollars to protect a bully who viewed the public as an adversary. The council declined to spend the funds and he was fired prior to the end of his one year probationary period.

The public officials must come back to understanding that they are our servants and not our masters. Better by far if they can do so by reason, logic and persuasion, instead of more direct methods, IMO. Hopefully they do so.&quot;]]></description>
			<content:encoded><![CDATA[<p>CommoChief has a great true story here.<br />
<a href="https://legalinsurrection.com/2021/10/natl-assoc-of-county-and-city-health-officials-ask-biden-doj-for-protection-just-like-nsba/#comment-1217728" rel="nofollow ugc">https://legalinsurrection.com/2021/10/natl-assoc-of-county-and-city-health-officials-ask-biden-doj-for-protection-just-like-nsba/#comment-1217728</a><br />
&#8220;I attended a a council meeting in a small town a few years ago. One of the agenda items was a request from city code department to install bullet resistant barriers/glass to separate the public from the employees. There had been zero attacks on any employees, but there were some irate members of the public responding to the new code enforcement officials; they hired a supervisor from CA. This individual was a very condescending ‘I make the rules’ guy.</p>
<p>I simply pointed out that this wasn’t a beneficial expenditure. First, the public could simply wait to confront this person when he left the office. Second the focus of the code department, according to the charter, was to inform, educate and assist with voluntarily compliance with enforcement/compulsion being the last resort.</p>
<p>Finally I pointed out that his bullying behavior was the source of the problem, all this began upon his arrival, and that deliberately PO the public and receiving negative feedback wasn’t a good reason to spend tax dollars to protect a bully who viewed the public as an adversary. The council declined to spend the funds and he was fired prior to the end of his one year probationary period.</p>
<p>The public officials must come back to understanding that they are our servants and not our masters. Better by far if they can do so by reason, logic and persuasion, instead of more direct methods, IMO. Hopefully they do so.&#8221;</p>
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		<title>
		By: OBloody Hell		</title>
		<link>https://thenewneo.com/2021/10/20/democrats-propose-more-spying-on-your-bank-account/#comment-2584125</link>

		<dc:creator><![CDATA[OBloody Hell]]></dc:creator>
		<pubDate>Thu, 21 Oct 2021 20:58:50 +0000</pubDate>
		<guid isPermaLink="false">https://www.thenewneo.com/?p=111484#comment-2584125</guid>

					<description><![CDATA[}}} &lt;i&gt;have total annual inflows or withdrawals of at least $10,000.&lt;/i&gt;

This is literally the income of every single working fulltime  individual. Who the eph does not use direct deposit any more? 10k/2000 hrs (full time) is 5 bucks per hour

I suppose a small number of peeps might be making a bit less, but  not many.


:-/]]></description>
			<content:encoded><![CDATA[<p>}}} <i>have total annual inflows or withdrawals of at least $10,000.</i></p>
<p>This is literally the income of every single working fulltime  individual. Who the eph does not use direct deposit any more? 10k/2000 hrs (full time) is 5 bucks per hour</p>
<p>I suppose a small number of peeps might be making a bit less, but  not many.</p>
<p>:-/</p>
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		<title>
		By: Art Deco		</title>
		<link>https://thenewneo.com/2021/10/20/democrats-propose-more-spying-on-your-bank-account/#comment-2584093</link>

		<dc:creator><![CDATA[Art Deco]]></dc:creator>
		<pubDate>Thu, 21 Oct 2021 18:41:46 +0000</pubDate>
		<guid isPermaLink="false">https://www.thenewneo.com/?p=111484#comment-2584093</guid>

					<description><![CDATA[&lt;i&gt; What this really allows is an inspection of what clubs and associations you are a member of, what political and religious groups you support, who you purchase guns and ammo from. I’m sure there are numerous other nefarious applications. The idea that they will recover unpaid taxes for billionaires, is to laugh at.&lt;/i&gt;

Quite possibly.  Someone else has suggested that the real target is the self-employed.  They tend to vote Republican.


Vigorous tax enforcement is, as a rule, good.  The more your effective levy is uneven from one household to another and one business to another, the more your tax regime is unfair.  The thing is, there be trade-offs.  Given the sums collected in personal income taxes, their estimate of the &#039;tax gap&#039; indicate that their models estimate they&#039;re collecting 91% of what is due.  That&#039;s close enough for government work; IIRC, it was thought a generation ago that 17% of the sum due escaped notice, so it&#039;s a reasonable wager the problem is not getting worse. When you&#039;re able to capture 91% of the revenue due, the marginal social benefit to improved collection begins to fall below the marginal injury to be had from escalating intrusion into the affairs of each and every household.  


While we&#039;re at it, fair taxes have a simple architecture and simple rate schedule.  Most members of Congress are very resistant to that, because they want to pass out goodies to donor constituencies in the form of deductions and exemptions and sectoral credits.  Blecch.]]></description>
			<content:encoded><![CDATA[<p><i> What this really allows is an inspection of what clubs and associations you are a member of, what political and religious groups you support, who you purchase guns and ammo from. I’m sure there are numerous other nefarious applications. The idea that they will recover unpaid taxes for billionaires, is to laugh at.</i></p>
<p>Quite possibly.  Someone else has suggested that the real target is the self-employed.  They tend to vote Republican.</p>
<p>Vigorous tax enforcement is, as a rule, good.  The more your effective levy is uneven from one household to another and one business to another, the more your tax regime is unfair.  The thing is, there be trade-offs.  Given the sums collected in personal income taxes, their estimate of the &#8216;tax gap&#8217; indicate that their models estimate they&#8217;re collecting 91% of what is due.  That&#8217;s close enough for government work; IIRC, it was thought a generation ago that 17% of the sum due escaped notice, so it&#8217;s a reasonable wager the problem is not getting worse. When you&#8217;re able to capture 91% of the revenue due, the marginal social benefit to improved collection begins to fall below the marginal injury to be had from escalating intrusion into the affairs of each and every household.  </p>
<p>While we&#8217;re at it, fair taxes have a simple architecture and simple rate schedule.  Most members of Congress are very resistant to that, because they want to pass out goodies to donor constituencies in the form of deductions and exemptions and sectoral credits.  Blecch.</p>
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		<title>
		By: Garrett D Crawford		</title>
		<link>https://thenewneo.com/2021/10/20/democrats-propose-more-spying-on-your-bank-account/#comment-2584091</link>

		<dc:creator><![CDATA[Garrett D Crawford]]></dc:creator>
		<pubDate>Thu, 21 Oct 2021 18:19:58 +0000</pubDate>
		<guid isPermaLink="false">https://www.thenewneo.com/?p=111484#comment-2584091</guid>

					<description><![CDATA[You think this is about tax cheats?  Unlikely.  The biggest tax cheats have legions of lawyers and off shore accounts protected by layers of shell companies.  What this really allows is an inspection of what clubs and associations you are a member of, what political and religious groups you support, who you purchase guns and ammo from. I&#039;m sure there are numerous other nefarious applications.  The idea that they will recover unpaid taxes for billionaires, is to laugh at. A professional making $250k perhaps.]]></description>
			<content:encoded><![CDATA[<p>You think this is about tax cheats?  Unlikely.  The biggest tax cheats have legions of lawyers and off shore accounts protected by layers of shell companies.  What this really allows is an inspection of what clubs and associations you are a member of, what political and religious groups you support, who you purchase guns and ammo from. I&#8217;m sure there are numerous other nefarious applications.  The idea that they will recover unpaid taxes for billionaires, is to laugh at. A professional making $250k perhaps.</p>
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		<title>
		By: geoffb		</title>
		<link>https://thenewneo.com/2021/10/20/democrats-propose-more-spying-on-your-bank-account/#comment-2584090</link>

		<dc:creator><![CDATA[geoffb]]></dc:creator>
		<pubDate>Thu, 21 Oct 2021 18:19:43 +0000</pubDate>
		<guid isPermaLink="false">https://www.thenewneo.com/?p=111484#comment-2584090</guid>

					<description><![CDATA[As far as the credit card thing above. How do you pay your card every month? By check? By transfer from a bank account? Those would count toward the $10K total.]]></description>
			<content:encoded><![CDATA[<p>As far as the credit card thing above. How do you pay your card every month? By check? By transfer from a bank account? Those would count toward the $10K total.</p>
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		<title>
		By: Art Deco		</title>
		<link>https://thenewneo.com/2021/10/20/democrats-propose-more-spying-on-your-bank-account/#comment-2584089</link>

		<dc:creator><![CDATA[Art Deco]]></dc:creator>
		<pubDate>Thu, 21 Oct 2021 18:18:53 +0000</pubDate>
		<guid isPermaLink="false">https://www.thenewneo.com/?p=111484#comment-2584089</guid>

					<description><![CDATA[&lt;i&gt;I also bet hidden inside is an tricksy exemption for Congress[wo]men and their families.&lt;/i&gt;

Bingo!]]></description>
			<content:encoded><![CDATA[<p><i>I also bet hidden inside is an tricksy exemption for Congress[wo]men and their families.</i></p>
<p>Bingo!</p>
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