Government Overreach at Its Worst
By Sen. John Thune
The Internal Revenue Service (IRS) already knows how much money you make. And now, it wants to know exactly how you spend it. Washington Democrats are attempting to fund part of their reckless tax-and-spending spree through a new proposal that would increase funding to the IRS by $79 billion so they can double – yes, double – the size of the agency. Their proposal would require banks, credit unions, and other financial service providers to report to the IRS when a business or customer makes total deposits or withdrawals that exceed a certain amount – $600 if the president has his way. Essentially, anyone who has a job or has saved a bit of money could be subject to Washington bureaucrats snooping through his or her checking account.
South Dakotans want no part of this big government overreach, and I couldn’t agree more. My office has heard from thousands of concerned South Dakotans who do not want IRS agents prying into their most basic, personal information. They won’t, if I have anything to do about it.
We do not need the government monitoring every purchase law-abiding Americans make from the App Store or how many times they buy a cup of coffee or what they’re getting their kids and grandkids for Christmas. This proposal is a blatant invasion of privacy. And for anyone familiar with the IRS, it’s not at all reasonable to believe the agency has the capability to manage all of this additional information given its troubling record of already failing to protect confidential taxpayer information. Flooding the IRS with more – and I would argue highly unnecessary – data, while at the same time burdening taxpayers, financial institutions, and already overwhelmed IRS service centers with more paperwork lacks common sense.
How would a proposal this far out of the mainstream even be a serious topic of discussion in Washington? Great question. A big reason is that Democrats are looking for new ways to fund part of their multi-trillion dollar tax-and-spending spree. The Democrats’ proposal to double the size of the IRS and track taxpayers’ financial activity should never have even seen the light of day. But these days, there is pretty much no area of life that Democrats think wouldn’t be better run by the federal government. If there was a clearer difference between the two parties, I’m not sure one exists.
Rest assured, I am working hard to stop this nanny-state style monitoring of your bank account. I recently led dozens of my colleagues, including every Republican member of the Senate Finance Committee and Senate Banking Committee, to stand up to Majority Leader Chuck Schumer and push back against this excessive intrusion into Americans’ private lives. I also cosponsored legislation to place necessary guardrails around the IRS and protect taxpayers’ rights. South Dakotans entrusted me to stand up for them against invasive, radical policies, and I will continue to be a tireless fighter on their behalf.
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Do the state you owe so much a favor John, and don’t run again. Your politics don’t mesh with SD anymore. You know this too, you’re no fool. Be brave and ride off into the sunset.
So South Dakotans want the IRS doubled and tracking your deposits?
None that I talk to. Don’t speak for South Dakotans, Odin. You’re not qualified nor smart enough.
Please leave South Dakota politics as soon as possible. You voted with Schumer to assist the Democrats. If you stay in politics, be honest and run as the democrat liberal you are.
When you have to call yourself “Actual Republican” I don’t think you’re actually a Republican at all.
“I thought it was totally out of line. I just thought it was an incredibly partisan speech after we had just helped him solve a problem,” Thune said. “I let him have it.”
Once upon a time, Senator Thune, there was a young lady walking on an early snowy day. She came upon a snake that could barely move. The snake asked her to but her next to her bosom so he could warm up. She said no, you are a snake. You will bite me. The snake replied that he would not bite her but be forever grateful. So she picked up the snake and let it warm itself next to her bosom until she arrived at her cabin. When she went in, the snake bit her. As she lay dying she asked the snake why did you bite me after I helped you? He answered it was her own fault he bit her because she knew what he was when she picked him up.
Senator Thune, you have been in DC for over 20 years. You know Schumer. You know all of the others. Yet you are surprised when the snake bites you. It is your own fault and it is time for you to consider retirement so someone who knows what those snakes will do and will block them instead of going along can get in and do the job you are supposed to do. You have become the problem that you defeated when you beat Daschle.
Unfortunately, Senator Thune voted to confirm Merrick Garland, the radical AG who is now seeking to take away rights from parents. This is a fight and we need our contingent to treat it as such and stand strong against the left’s agenda.