Skip to content
 
If you can read this, either the style sheet didn't load or you have an older browser that doesn't support style sheets. Try clearing your browser cache and refreshing the page.

(MSN)   U.S. Treasury Department wants to see how much money you sink into hookers and blow   (msn.com) divider line
    More: Followup, Internal Revenue Service, Taxation in the United States, Tax, Americans' bank accounts, tax evasion, United States Department of the Treasury, much information, new pieces of information  
•       •       •

5395 clicks; posted to Main » and Politics » on 20 Oct 2021 at 12:26 AM (6 weeks ago)   |   Favorite    |   share:  Share on Twitter share via Email Share on Facebook



92 Comments     (+0 »)
View Voting Results: Smartest and Funniest


Oldest | « | 1 | 2 | » | Newest | Show all

 
2021-10-20 12:29:43 AM  
It won't effect the wealthy one iota; it will only effect everyone else. I guarantee it.
 
2021-10-20 12:30:14 AM  
All of it.

All the money.

No regrets.
 
2021-10-20 12:32:13 AM  
Wait until they see how we waste the remainder of our money.
 
2021-10-20 12:33:00 AM  
Republicans say we've got to protect the wealthy.
 
2021-10-20 12:33:32 AM  
I hereby declare sovereign citizenship! Seriously though, I need to find a way to continue to shiatpost while still going off the grid completely.
 
2021-10-20 12:33:51 AM  
Begoggle: Republicans say we've got to protect the wealthy.

the wealthy are already protected. this effects everyone else.
 
2021-10-20 12:35:23 AM  
On this news, I'm certain to be arrested for money laundering through my local Dairy Queen.
 
2021-10-20 12:36:50 AM  
You think I'm going to leave it to my kids so THEY can spend it on hookers and blow?
 
2021-10-20 12:37:49 AM  

wantingout: Begoggle: Republicans say we've got to protect the wealthy.

the wealthy are already protected. this effects everyone else.


Look how Republicans blatantly lie.
It's in the first line of the article, champ.
The U.S. Treasury is amending a plan to track more Americans' bank accounts to limit tax evasion by the wealthy after the proposal garnered severe pushback from the finance industry and conservative politicians.

I'm sure the finance industry and conservative politicians want to protect poor people from having all their many bank accounts tracked.
Herpa derp!
 
2021-10-20 12:39:09 AM  
I can only manage maybe a tenth of a Jr in blow.
 
2021-10-20 12:40:44 AM  
I pay for all my hookers and blow with personal checks. Looks like I'm farked.
 
2021-10-20 12:41:16 AM  
Look, if they'll stop the guessing game I play every year with the taxes I owe and just send me a bill like every other sane country I might just allow it.
 
2021-10-20 12:43:55 AM  
and has pledged not to increase audits on families making less than $400,000.

I guess I'm in the clear.
 
2021-10-20 12:44:17 AM  
encrypted-tbn0.gstatic.comView Full Size


The rest, of course, we've squandered
 
2021-10-20 12:45:05 AM  
Begoggle: wantingout: Begoggle: Republicans say we've got to protect the wealthy.

the wealthy are already protected. this effects everyone else.

Look how Republicans blatantly lie.
It's in the first line of the article, champ.
The U.S. Treasury is amending a plan to track more Americans' bank accounts to limit tax evasion by the wealthy after the proposal garnered severe pushback from the finance industry and conservative politicians.

I'm sure the finance industry and conservative politicians want to protect poor people from having all their many bank accounts tracked.
Herpa derp!

so you're really comfortable with the IRS seeing essentially everything you do with your money? This is an absolute invasion of people's right to privacy. They can come up with better method to track down wealthy tax evaders. That is just the excuse being used to implement a new level of surveillance.
 
2021-10-20 12:46:27 AM  

hlehmann: It won't effect the wealthy one iota; it will only effect everyone else. I guarantee it.


Of course it won't. They're keeping their wealth stashed away in offshore tax shelters already.
 
2021-10-20 12:50:30 AM  

hlehmann: It won't effect the wealthy one iota; it will only effect everyone else. I guarantee it.


sounds like they really don't care how you spend the money

they just want you to pay taxes
 
2021-10-20 12:51:08 AM  
My last hooker took travellers checks.  Joke was on her, I reported them lost the day before, so they weren't cashable!  

Though she did do the extra finger-up-the-butt service, and now I that I stiffed her, I can't go back to her anymore.

:(
 
2021-10-20 12:56:55 AM  
Clarification:
Politifact explanation

TL;DR:
Proposal calls for an annual snapshot of two numbers for covered accounts: total amount that flowed into an account over a year, and 2) the total amount that flowed out.

There is nothing at the transaction level in the provision, a tax law expert said.

- Sofa
 
2021-10-20 12:57:26 AM  

RolfBlitzer: and has pledged not to increase audits on families making less than $400,000.

I guess I'm in the clear.


Not unless it's specifically stated in the language. Maybe not even then.
 
2021-10-20 12:58:53 AM  

wantingout: Begoggle: wantingout: Begoggle: Republicans say we've got to protect the wealthy.

the wealthy are already protected. this effects everyone else.

Look how Republicans blatantly lie.
It's in the first line of the article, champ.
The U.S. Treasury is amending a plan to track more Americans' bank accounts to limit tax evasion by the wealthy after the proposal garnered severe pushback from the finance industry and conservative politicians.

I'm sure the finance industry and conservative politicians want to protect poor people from having all their many bank accounts tracked.
Herpa derp!

so you're really comfortable with the IRS seeing essentially everything you do with your money? This is an absolute invasion of people's right to privacy. They can come up with better method to track down wealthy tax evaders. That is just the excuse being used to implement a new level of surveillance.


I think they're after "drug money " to confiscate.
 
2021-10-20 12:59:03 AM  
wantingout:

so you're really comfortable with the IRS seeing essentially everything you do with your money?

It's not "everything", just sums 10k or greater that aren't associated with your normal income.
 
2021-10-20 1:00:08 AM  
The last hooker I encountered was hitching. I gave her a lift home. She was very low on tp , and that left me in a bad mood.
We had a deal - I give you  lift, you let me use the loo.

2 stars- would not give a lift again.
 
2021-10-20 1:00:29 AM  
More than $10,000 in inflow or outflow in an entire year would include essentially anyone who receives a regular paycheck, pays mortgage or rent, or pretty much lives on the grid, woudln't it?

So, everyone.
 
2021-10-20 1:01:40 AM  
Time to switch to John Wick universe style currency.
 
2021-10-20 1:02:46 AM  
The wealthy don't care. It's the social climbers, and those who wish they were social climbers who complain.
 
2021-10-20 1:03:44 AM  
If they were smart, they'd be in the hookers and blow business.
 
2021-10-20 1:03:51 AM  
Since this is fast becoming a hooker thread, I had a prostitute solicit me recently as I was walking through a busy area of town.

She: "I can be your fantasy!"

Me:  "Yeah?  Because right now I'm fantasizing about how much I don't want to have sex with you.  OH MY GOD IT'S COMING TRUE!"
 
2021-10-20 1:04:56 AM  
to limit tax evasion by the wealthy

What a complete load of absolute bullshiat.  If they were concerned with the wealthy, they wouldn't care about my petty bank transaction.  It has nothing to do with the wealthy.
 
2021-10-20 1:08:08 AM  
They're just closing the crypto loophole
 
2021-10-20 1:12:02 AM  

Diabolic: I pay for all my hookers and blow with personal checks. Looks like I'm farked.


encrypted-tbn0.gstatic.comView Full Size

PAY TO THE ORDER OF: FLYGUY
 
Azz
2021-10-20 1:12:03 AM  
Oh hey l here's an idea. Let's allow congress people and the chairman of the farking fed trade stocks in their personal accounts while using knowledge only they would possess, but that single mother of 4 who just lost her job and set up a gofundme just to feed her kids - - she is the problem.

/fark the IRS. fark Jerome Powell with a fat barbed wire-wrapped dick while we're at it too.
 
2021-10-20 1:18:57 AM  

Azz: Oh hey l here's an idea. Let's allow congress people and the chairman of the farking fed trade stocks in their personal accounts while using knowledge only they would possess, but that single mother of 4 who just lost her job and set up a gofundme just to feed her kids - - she is the problem.

/fark the IRS. fark Jerome Powell with a fat barbed wire-wrapped dick while we're at it too.


Im not rich but if yer hurting - reach out. And eat a snickers. I'm going to bed- its been a very long day. But really- if yer damn dirt poor so much that you feel like throwing shade at the Federal Reserve ....
 
2021-10-20 1:21:06 AM  

hlehmann: It won't effect the wealthy one iota; it will only effect everyone else. I guarantee it.


100X This. The minimum annual threshold for reporting is only $10k....A YEAR. That is a very low number for transferring money to another person on an annual basis. If it was about "the wealthy" avoiding taxes they could bump the annual reporting amoubt up 10 fold and it would make more sense. Really stiggin it to the povs!
 
2021-10-20 1:31:51 AM  
Again, this is for transactions that happen beyond your regular income.

No one at the IRS gives a shiat about your subscription to Bella Poarch's OnlyFans.
 
2021-10-20 1:33:18 AM  
The govt sure does hate the lower and middle classes. Almost did a spittake when they originally said anyone with over 600 bucks would be tracked.
 
2021-10-20 1:35:19 AM  

maxandgrinch: Wait until they see how we waste the remainder of our money.


What is this $5 a month charge, citizen?
 
2021-10-20 1:36:46 AM  

whatisaidwas: maxandgrinch: Wait until they see how we waste the remainder of our money.

What is this $5 a month charge, citizen?


It's $10 now apparently.
 
2021-10-20 1:37:31 AM  
Average person with a job: Spends at least $10,000 on rent = Will flag the system because it's $10,000 or higher.

Rich person with a job: Most likely spends at least $10,000 a year on stuff = Will flag the system because it's $10,000 or higher.

Nothing's really changed. The range check still counts the average person in. Maybe if they say they want to target the super rich, their minimum range should begin with those who spend at least $100,000 on things. The average or middle class person doesn't spend that much a year, only those with millions.
 
2021-10-20 1:44:46 AM  

TheJoe03: The govt sure does hate the lower and middle classes. Almost did a spittake when they originally said anyone with over 600 bucks would be tracked.


Well they do steal so much money from the IRS.
 
2021-10-20 1:47:25 AM  

wantingout: Begoggle: wantingout: Begoggle: Republicans say we've got to protect the wealthy.

the wealthy are already protected. this effects everyone else.

Look how Republicans blatantly lie.
It's in the first line of the article, champ.
The U.S. Treasury is amending a plan to track more Americans' bank accounts to limit tax evasion by the wealthy after the proposal garnered severe pushback from the finance industry and conservative politicians.

I'm sure the finance industry and conservative politicians want to protect poor people from having all their many bank accounts tracked.
Herpa derp!

so you're really comfortable with the IRS seeing essentially everything you do with your money? This is an absolute invasion of people's right to privacy. They can come up with better method to track down wealthy tax evaders. That is just the excuse being used to implement a new level of surveillance.


The treasury already has access to see transactions over 10 grand, just not the IRS specifically. They also already have all your income info even before you file taxes. This just new law would include outflows in that amount as well. Also, the government can already get that info usually without a warrant. This mostly due to laws against money-laundering.

/worked at the treasury for 6 and a half years
 
2021-10-20 1:49:31 AM  

Diabolic: I pay for all my hookers and blow with personal checks. Looks like I'm farked.


We found Jerry Springer's Fark account!
 
2021-10-20 2:18:35 AM  
All they'll learn (the IRS) is I've managed to position Hubby & me into the magic niche where we get the max we can from our pensions & investments while still being able to receive maximum benefits from whatever agencies will give them us. When I die first, Hubby will get the survivor portions of everything we have together, thus less income but be eligible for more income savings such as utilities. Since we have no Housing expenses, his income will actually rise a bit while his taxes will decrease.

If he shares our home with his gay, single Brother, who will pay a bed & board of half whatever he rents his house for, they both  should keep under the Standard Deduction, both have more income and not run afoul of the IRS.

Neither will never go into the Maserati Showroom and casually say, "Gimmee two of the red ones," but neither will also  never be shopping in the Cat Food aisle of the $tore unless they have an actual cat! My job is to protect Hubby, even after I'm dead, to make sure his assets outlast him without making certain agencies raise quizzical eyebrows and make Scooby noises in his general direction. House-sharing senior siblings have some advantages.
 
2021-10-20 2:21:12 AM  
This is a dumb idea.  Everyone who makes a house payment over $600 a month is going to be tracked by an already overworked IRS.

Fark user imageView Full Size

/what a rent sign may look like
 
2021-10-20 2:43:14 AM  
Go after the billionaires and leave the rest of us alone.
 
2021-10-20 2:43:57 AM  

Murkanen: Again, this is for transactions that happen beyond your regular income.


It's cute that you actually believe this.
 
2021-10-20 2:52:11 AM  
I'm not into hookers, but I can pay them to do laundry if this is some sort of challenge.
 
2021-10-20 2:54:16 AM  
If the IRS wants to track everything, they by God, none of us should EVER have to fill out a tax form EVER again. They already know how much your employer pays. It's all just a game of Gotcha in a lie so they can penalize the lower income folk.
 
2021-10-20 3:01:01 AM  
"Wage and salary deposits won't count toward that threshold, the Treasury said."

That's part of what they amended. It's right there.
 
2021-10-20 3:05:45 AM  
"ParadoxDice
If the IRS wants to track everything, they by God, none of us should EVER have to fill out a tax form EVER again. They already know how much your employer pays. It's all just a game of Gotcha in a lie so they can penalize the lower income folk."

Nope, sorry. They aren't doing every transaction, and you could still be doing cash under the table. You should get a tax form filled out with what they know, but then the obvious choice is to say if that's all you know about, that's all I'm reporting.

Increased audits and enforcement are needed before we get to that point. Fund the IRS with a percentage of what they find above a typical year. Make some of them earn their jorbs.
 
Displayed 50 of 92 comments


Oldest | « | 1 | 2 | » | Newest | Show all


View Voting Results: Smartest and Funniest

This thread is closed to new comments.

Continue Farking




On Twitter


  1. Links are submitted by members of the Fark community.

  2. When community members submit a link, they also write a custom headline for the story.

  3. Other Farkers comment on the links. This is the number of comments. Click here to read them.

  4. Click here to submit a link.