No Spying on Average Americans By Irs

Floor Speech

BREAK IN TRANSCRIPT

Mr. COMER. Madam Speaker, I rise to express my continued opposition to Elizabeth Warren and House Democratic efforts to expand the IRS to spy on everyday Americans' bank accounts with transactions over $600. I know there has been talk of raising that to $10,000. I am opposed to all of this.

Madam Speaker, the banks already have mechanisms in place to catch suspicious activity. Those are called SARs or specific activity reports. We don't need additional tools by the IRS to harass everyday working Americans who are struggling to pay their bills.

If the intention by the Democrats is to go after people who are billionaires and multimillionaires who are not paying their taxes, then spying on average Americans' bank accounts with over $600 transactions is not going to do it.

We have to do things in a better way. We have to focus the IRS' time to where it is best served, and that is to focus on tax cheats, not everyday, average working Americans. I urge opposition to this infringement of our rights.

BREAK IN TRANSCRIPT

Source