As if the Biden administration has not already caused enough intrusion and consternation, Joe is now planning to unleash IRS inspectors into your personal finances 24/7. This unprecedented attack on your privacy will allow thousands of federal and state bureaucrats (along with rogue government workers) to instantly peak in on your home purchase, sale, rent, remodels, furniture, medical bills, college tuition, fines, paychecks, personal loans, vacations and other once-private affairs. Scary stuff, as this means that worldwide hackers gain new access to your personal data and funds. Many real estate transactions are over $600, so home buyers, sellers, renters, landlords and investors must prepare to get scrutinized. The federal government, state government and other thieves will then be able to take your money with or without just cause. Sadly, this marks a new low for government, targeting the poor who make as little at $600 per year. Come On, Man! This terrible idea must be stopped before it progresses.
While it may be an unconstitutional intrusion into freedom, an overbearing IRS is good news for those who invest in more private payment methods such as Bitcoin, Ethereum, Monero and Pirate Chain blockchain cryptocurrencies. Because money moves away from danger, towards privacy and safety, the U.S. shall leak trillions while worldwide tax haven countries benefit, including:
The Bahamas
Bermuda
British Virgin Islands
Cayman Islands
Channel Islands
Costa Rica
El Salvador (Bitcoin legal tender)
The Isle of Man
Ireland
Luxembourg
Malta
Mauritius
Monaco
Puerto Rico
Singapore
Switzerland
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Copyright © This free information provided courtesy L.A. Loft Blog with information provided by Corey Chambers, Realty Source Inc, DRE 01889449; MPR Funding Inc NMLS 2000513. We are not associated with the seller, homeowner’s association or developer. For more information, contact 213-880-9910 or visit LALoftBlog.com Licensed in California. All information provided is deemed reliable but is not guaranteed and should be independently verified. Properties subject to prior sale or rental. This is not a solicitation if buyer or seller is already under contract with another broker.