Ohio Attorney General Yost, 19 Other Attorney Generals Fire Off Letter Opposing Planned ‘Invasive’ IRS Bank Data Grab

Dave Yost

Ohio Attorney General Dave Yost and 19 other state attorneys general have asked President Joe Biden and Treasury Secretary Janet Yellen to withdraw a plan to allow require banks, credit unions and other financial institutions to report massive amounts of personal financial data to the Internal Revenue Services in a stated effort to track down tax cheats.
The proposal within the $3.5 trillion Build Back Better budget reconciliation package would require financial institutions to supply data on accounts of $600 or more with $600 or more in annual transactions.

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New Virginia Law Bars Debt Collectors and Creditors from Taking or Garnishing Emergency Relief Payments

Thanks to a recently implemented law from the Virginia General Assembly, emergency relief payments from the federal government to Virginians will be protected from being seized or garnished by debt collectors and creditors.

The new law, stemming from House Bill 5068, comes as Virginians and Americans from across the country are starting to receive a second round of relief payments relating to the ongoing COVID-19 pandemic.

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U.S. Constitution Does Not Guarantee That You Can Always Pay With Cash

In its Article I, Section 8, Clause 5, the United States Constitution provides:  “The Congress shall have Power…To coin Money, [and] regulate the Value thereof….” And since the Constitution’s drafting in the year 1787, cash has played a vital role in the nation’s economy as the generally-accepted medium of exchange. …

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