Banking proposal meant to catch rich tax cheats
Wed, 11/03/2021 - 1:12pm
By:
Michael Eastin, Lake City
Concerning the editorial opinion by banker Jim Mack about a “concerning proposal” in the Oct. 28 Graphic.
The reason for requiring banks to report high transactions is to crack down on billionaires who launder money and/or avoid reporting income to the IRS to avoid taxes. They are ripping off citizens to the tune of hundreds of billions of dollars.
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