WSJ Editorial Board: The IRS wants to look at your bank account

Its quest for missing revenue would threaten taxpayer privacy:Yet the IRS plans to review every account above a $600 balance, or with more than $600 of transactions in a year. So every American with a job could get looked over. Ms. Yellen says the reporting will help to catch wealthy tax dodgers. A group of 41 industry groups recently warned congressional leaders that the plan “is not remotely targeted” to detect major tax avoidance.

WSJ Editorial Board: The IRS wants to look at your bank account
https://www.foxnews.com/opinion/wsj-editorial-board-the-irs-wants-to-look-at-your-bank-account

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