[Congressional Record Volume 167, Number 186 (Friday, October 22, 2021)]
[House]
[Page H5824]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]
NO SPYING ON AVERAGE AMERICANS BY IRS
(Mr. COMER asked and was given permission to address the House for 1
minute and to revise and extend his remarks.)
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.
____________________