Biden's Total Financial Surveillance
Authored by Matt Welch via Reason.com,
What if every one of your non-cash financial transactions was automatically reported to a beefed-up, audit-hungry IRS?
Imagine living in a world where every one of your noncash financial transactions— a restaurant meal, a Venmo transfer to a friend, maybe some bitcoin bought on the dips —was automatically reported to a beefed-up, audit-hungry IRS.
That dystopia will become a reality if President Joe Biden gets his way.
Biden, Treasury Secretary Janet Yellen, and key Capitol Hill allies such as Sen. E [...]
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