New IRS $10k reporting policy could affect many Americans

Поділитися
Вставка
  • Опубліковано 8 лют 2025
  • Financial analyst Chris Hobart discusses the new IRS $10,000 reporting policy.

КОМЕНТАРІ • 7

  • @dirkfrazier9779
    @dirkfrazier9779 5 місяців тому +1

    Just how much are we monitored? This must be why they want a digital dollar. I received an inheritance that is not supposed to be taxed, but when I spend it, is that when I'm taxed? That's taxing money twice; other than picking your nose or scratching your ass, what are we not taxed for? If not twice, thrice. The people that produce it are taxed; the employees are taxed; the truckers are taxed for moving the product; the oil companies are taxed for producing the energy; and the ship's and crew are taxed. I'm paying a floating $4.50 per gallon of gas, which has to be 50% sales tax; we are being taxed into and under poverty level. I obviously never made enough money in my life, but I am starting to squeek when I bend over!

  • @republicunited2183
    @republicunited2183 2 місяці тому +1

    Trump and team, time to dismantle the IRS.

  • @EarthAutopsy
    @EarthAutopsy 3 роки тому +2

    The IRS changed it from 600 to 10,000 however anyone who pays rent or a house payment for 8 months out of the year will fall under their dragnet and everything they buy or sell will be monitored. It should be at 100,000. End result is banks will close because people will not keep their money in any account and banks will go out of business because people keeping money in the bank is what they use to make loans and the interest off the loans is how the banks make money

  • @janetgray5362
    @janetgray5362 2 роки тому +2

    What about our social security? Yes there is $600 inflow and outflow...and then $10,000 per annual year. It's the little guy and seniors. We can not live now.

  • @JosephMNStock
    @JosephMNStock 2 місяці тому

    📈