[Congressional Record Volume 168, Number 190 (Wednesday, December 7, 2022)]
[House]
[Page H8806]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]




     AMERICANS SHOULD NOT BE SUBJECT TO IRS INTRUSION AND OVERREACH

  (Mr. MEUSER asked and was given permission to address the House for 1 
minute and to revise and extend his remarks.)
  Mr. MEUSER. Mr. Speaker, as today is Pearl Harbor Day, may we all 
give thanks to those before us who fought and gave their lives for our 
freedom.
  Mr. Speaker, come next year, Americans who receive $600 or more on 
their third-party payment systems like Venmo will receive a tax form 
thanks to a provision put into the American Rescue Plan.
  For instance, if you sold an old couch and received payment for it of 
over $600, you could trigger an IRS audit. This reporting requirement 
will not be targeting the wealthy, as it was designed for, but middle 
class Americans who often send and receive money via Venmo and other 
services.
  The new 87,000 IRS agents hired through the Democrat plan will be 
very busy. We were told last year the IRS agents would only be 
targeting those making more than $400,000 a year. I think we all 
remember that. The SNOOP Act introduced by my colleague Michelle Steel 
would reverse the reporting threshold back to $20,000, 
ensuring everyday Americans are not subject to this IRS intrusion and 
overreach, and I ask my colleagues to support it.

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