Posts tagged: Frederic Bastiat

Leftists Believe That All Our Earnings, Like Our Children, Belong To The Government

Written by Robert Knight

Remember when Democrats proposed in their multi-trillion spendathon that the IRS would track all transactions of $600 or more in personal bank accounts?

Well, they took a licking from the public, so they upped it to a still-absurd $10,000 in total yearly transactions.

This means they want the IRS prowling into bank accounts of everyone who has either deposits or withdrawals over an entire year totaling $10,000 or more, excluding wage income.… Continue Reading