Nebraska Becomes First State Refusing to Comply with Biden’s Plan to Let IRS View Your Bank Transactions
Nebraska has become the first state saying that they will not comply with the Biden administrations plan to allow the IRS to view any transactions a person makes a transaction over $600.
Nebraska State Treasurer John Murante said that they will not comply and if the administration sues he will take it all the way to the Supreme Court.
Murante, along with the treasurers and auditors for 24 other states, recently sent President Joe Biden a letter opposing the proposed plan.
“As State Treasurer, I have an obligation to safeguard the personal information of hundreds of thousands of these accounts and it’s absolutely wrong to ask American citizens who haven’t even been accused of wrongdoing to turn over their private bank information to the federal government.
