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Reading: Biden Desires Banks To Report All Transaction Over $600 | Economics
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Michigan Post > Blog > Economics > Biden Desires Banks To Report All Transaction Over $600 | Economics
Economics

Biden Desires Banks To Report All Transaction Over $600 | Economics

By Editorial Board Published October 9, 2024 1 Min Read
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Biden Desires Banks To Report All Transaction Over 0 | Economics

The Biden Administration is pushing banks to report each $600 transaction, whether or not a deposit or withdrawal, from each enterprise or private account. The Democrats need every thing, and regardless of how a lot they acquire, they are going to all the time spend extra. TAXES are actually now not even needed together with borrowing. They by no means repay the debt anyhow, and it will be immensely extra environment friendly for the federal government to only print the cash they want and finish each borrowing and taxation. Over 70% of the nationwide debt is because of curiosity and wars. It doesn’t go to broaden the financial system or assist individuals in any way.

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