Rep. Ted Budd: Democrats’ $10K IRS Bank Reporting Threshold Proposal ‘Will Affect Almost Every Single American’

melanie.hunter | October 20, 2021
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Rep. Ted Budd (R-N.C.), who serves on the House Financial Services Committee, said Wednesday that the Democrats’ proposal requiring banks to send IRS information on bank accounts with total annual deposits or withdrawals over $10,000 is not much better than the original proposed $600 threshold. Read Full Story

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