Tag Archives | Bank Secrecy Act

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Biden’s Wrecking Ball for Financial Privacy

American Institute for Economic Research, September 22, 2021 Biden’s Wrecking Ball for Financial Privacy James Bovard The Biden administration is seeking to compel banks to report to the IRS any bank account with more than $600 in transactions per year. This proposal is a linchpin of Biden’s American Families Plan, and will supposedly help generate […]

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