IRS announces new $600 reporting rule: There are significant punishments for being late.

This affects all political leanings. This is another #wealthTransfer from poor gig workers to wealthy corporations and institutional-class investors. It now involves mountains of paperwork navigation for which many will have to pay additional money to tax prep accountants — a windfall for H&R Block. This is #classWar in the USA whose government declared it on the Public on behalf of the ruling plutocrats.
#feudalism #plutocracy #redistribution #poorTax

https://www.msn.com/en-us/money/other/irs-announces-new-600-reporting-rule/vi-AA1ZTGZG

Text from bank at 8:11am
“Tried to process a payment but your account balance is too low so we’ve charged a fee, and you have until 12:45pm to cover the amount or we won’t process it.”

Mate, if the money wasn’t in there at 8, where do you think it’s going to come from in under 5 hours? It’s not like the bank has no power to decline the payment if the funds aren’t there. Sounds like the rich get richer off the poor.

#EatTheRich #PoorTax