As a proud member of the 4.5 percent of us that are “unbanked”, thought I’d share this tidbit… The IRS reduced its threshold for which you’d report extra income from 20k per year down to 5k (with a slow burn down to the target of 600 dollars TOTAL per year). They almost succeed in getting the $600 goal a few years back but were tackled by lobbyists for large internet companies like EBay, etc.
We WILL see that put in to play soon and it will be the death of many to most small businesses all the way down to the garage sale.
Personally, I’m not worried. Likely they have something in the works that could make Drew Berrymore look just like Amy Fisher….
Forgive the obscure reference but someone out there will understand.
“And if your house gets in the way, baby…You know we’ll burn it down.” -Ted Nugent-ish
Love the “ish”. The IRS is played as a Department of Evil when, in fact, it is just a for-profit accounting agency out of Puerto Rico for the Department OF the Treasury. You have to know the hierarchy to see how to get them to let you utilize Title 26- even if it was never legally voted into “law”. It is not easy sorting through the puzzle pieces but there is a way to become a student of how “they”, Bill Clinton is an example, used the system to step out of it all together and reap the benefits of their Trust.
The IRS is just another collection agency with police powers. A business, and that’s what government is, opens a charge account for their customer, performs services and purchases materials the customer may not have approved, wanted, or knows about, then charges the customer who may or may not pay the bill sent to them. (File a tax return). If the customer doesn’t or can’t pay, the business assigns uncollected debts (receivables) to a collection agency, in this case the IRS, and the Federal government gives them police powers to force collections. The government has a monopoly on this business model, as does the mafia.
… the last bastion for the fixation of belief … The Method of Authority
Or something like that… whatever i said.
The article nails it, but there’s one thing I think it got wrong. To wit:
We must hammer and meme the bondage, servitude, and enslavement CBDC tiers and explain the different elements of the CBDC tyranny index.
That overcomplicates it. You’ll never win a meme war with that level of complication. You need to boil it down to the very concrete consequences of a fully programmable, fully digital currency, e.g.:
“Driving to visit Mom in the hospital? Sorry, you’ve met your carbon allowance for the month and can’t buy gasoline.”
“Want to buy that pack of cookies? Sorry, you’ve met your sugar quota for the week. You may try again later.”
“More than two miles from home? Sorry, your purchase cannot be processed outside your authorized travel zone.”