President Joe Biden flaunted the idea of letting the IRS monitor private bank accounts to ensure that people were paying their taxes was just the start.
But the issue of tracking financials looks to be taking a drastic turn in the digital world where people do not even realize their finances are being watched.
The Washington Times reported that “In Washington, Major League Baseball’s Nationals Park declares itself a paper-money-free zone. Plastic only, and no please or thank you. A popular coffee shop in my northern Virginia suburb posts a front-door sign asserting ‘credit cards only.’ As for the automatic kiosk in the parking garage of my office building, for years, the payment screen showed two digital buttons, one for credit or debit card, touch two for cash and coins. Button two is still there, but X’d out. Push all you want; your bills and change are worthless.”
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The point of the news revealing the digital move was to show just how far the idea of a cashless society has grown. More places of business are opting for digital payment to keep from having cash on hand.
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The Washington Times also revealed that liberals are pushing for third-party payment handlers to report to the IRS any transaction greater than $600. This would give the federal government the information to track down and watch if people report money they earn on the side or from secondhand sales.
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The Democrats do not trust the American people to report on everything they earn. So, they want the right to monitor every penny that people earn and make sure that they report it on their tax returns.
The scary part is that the generation that willingly posts details of their lives on multiple social media sites seems not to understand the danger.
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