President Biden's IRS Targets Babysitters Instead of Billionaires
Do you use Venmo, Zelle, or cash apps in general? Well, the IRS has issued a new regulation to allow them access to transactions of $600 or more of aggregate dollars a year. Before this, the threshold was $20,000 or more and 200 or more transactions. When you start dropping the amount to $600, you are talking about babysitters, handymen, and regular everyday people.
ACLJ Chief Counsel, and my dad, Jay Sekulow explained where this ends up:
This is another ability of the federal government through rulemaking, through regulation actually, to put in place a regulation, not a law, a regulation where they are saying is closing a loophole. . . . If someone is getting money from babysitting, if that is what they do for a living, it is not likely they will get enough to meet the federal income tax threshold. . . . Where this goes is not a good sign.
Because of the failure of the Build Back Better plan, President Biden is under pressure to use Executive orders to get some of the provisions in this bill passed. President Biden is also feeling the pressure when it comes to our national security issues around the world.
ACLJ Senior Advisor for National Security and former Acting Director of National Intelligence Ric Grenell details in his new article how the Biden Administration’s energy policies are affecting our allies and adversaries around the world. He adds how grateful he is for the ACLJ to be a platform to discuss a variety of issues:
We have this holistic look when it comes to energy, or human rights, or foreign policy, and domestic policy. It’s one of the things I am most proud of, being at the ACLJ; . . . we get to do all sorts of different policies that interact and intermingle. I can’t imagine not being a part of the ACLJ and not being able to write pieces like what I just did at ACLJ.org to be able to put some of these Biden Administration policies into perspective. What does it mean for our domestic audience? What does it mean for our foreign audience? How does this affect human rights? The freedom that I get to write and to speak out at the ACLJ is just like no other place. I’m really appreciative to bring together all of these issues under one roof.
ACLJ Senior Counsel for Global Affairs Mike Pompeo brought another national security issue to our attention – a Russian state TV host who has direct connections with Russian President Vladimir Putin is threatening the U.S.
The head of the station stated:
We’re holding very strong cards in our hands. Our hypersonic weapons are guaranteed to produce a response that is so unpleasant for America to hear: being reduced to radioactive ash.
Sec. Pompeo described how serious this threat is:
That kind of language is relatively unprecedented from an official who is directly connected to a state that has a nuclear capability to the scale and scope that the Russians do that Vladimir Putin controls. While there is probably something going on inside of Russia that made him say that, we should take seriously the threats, the credible threats, that the Russians are presenting. Not only the hypersonic weapons to which he referred to, but the incredible military buildup they have placed on Ukraine’s eastern border. This is a serious challenge to the Biden Administration. . . . They have seen this Administration cave time after time, and I think they are convinced they can get the Administration to cave to the demands [that] Vladimir Putin has laid out again.
We will continue to monitor these issues both domestic and international and continue to bring you analysis from experts around the world.
Today’s full Sekulow broadcast is complete with even more analysis of the new IRS regulation and the latest foreign policy updates.
Watch the full broadcast below.
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