By Brandon Moseley
Alabama Republican Party Chairman John Wahl issued a statement blasting the Biden Administration’s planned IRS reporting requirements requiring banks to report every transaction Americans make of $600 or more,
“The Biden Administration continues its out of control and un-American policies with their proposed IRS reporting requirements,” Chairman Wahl said Thrusday. “The thought that the Federal Government wants to force financial institutions to report every person’s transactions over $600 is disturbing.”
Wahl also endorsed U.S. Senator Tommy Tuberville’s (R-Alabama) ‘Protecting Financial Privacy Act’ which was blocked by Senate Democrats earlier in the day.
“I am proud to have Alabama's Tommy Tuberville leading the charge against this big government overreach,” Wahl said. “The IRS has no business snooping around in your bank account without a warrant or court order. American citizens have a fundamental and constitutional right, ‘to be secure in their persons, houses, papers, and effects, against unreasonable searches.’ Let’s be honest, this is an unreasonable search.
“The Biden Administration and the IRS need to read the 4th Amendment to the United States Constitution; and be reminded that they swore an oath to ‘preserve, protect and defend’ it,” Wahl continued. “The Alabama Republican Party unapologetically stands for the rights and freedoms of every Alabama citizen, and fully supports the ‘Protecting Financial Privacy Act’ sponsored by U.S. Senator Tommy Tuberville.”
Tuberville asked for the unanimous consent of all members of the Senate to pass the Protecting Financial Privacy Act. Sen. Rick Scott (R-Florida) and Sen. Mike Braun (R-Indiana) joined Tuberville on the Senate floor to speak in support of the bill.
"I will not stand for this, no American should tolerate this," Scott said during the debate. "This is communist China-style totalitarian surveillance."
Sen. Mike Braun said: "I can't ever recall anyone saying they want the IRS to poke into their business more."
“At some point, enough needs to be enough," Braun added.
The Biden rule is part of the massive $3.5 trillion spending bill that Democrats are attempting to pass. Part of the costs of the massive increase in social spending will be paid for by hiring as many as 70,000 more IRS agents so that with heightened surveillance the agency can uncover more Americans who are not paying their required taxes to the federal government.
Senate Democrats were led by Senator Ron Wyden (D-Oregon) and objected and refused to pass Tuberville’s legislation.
“I am sorry to see that my Democratic colleagues oppose protecting the financial privacy of American taxpayers,” Tuberville said afterward. “That’s a real shame. I think you would be hard-pressed to find a member of the United States Senate who can honestly say that a majority of their constituents support President Biden’s proposal for the IRS to monitor a $600 or more transaction.”
“We ought to be able to stand up together in a bipartisan fashion to reject this radical proposal,” Tuberville stated. “I’m confident that the American people will continue to put pressure on their elected representatives here in Washington to reject this plan. Americans across the county can count on Senator Scott and myself to keep up the fight of this important issue.”
Tommy Tuberville is serving in his first term in the U.S. Senate. He was elected in 2020 following a long distinguished career in college football coaching.
John Wall was elected by the 460 member Alabama Republican Party Executive Committee to be Chairman of the Alabama Republican Party in 2020. Wahl raises butterflies to sell to nature parks and other butterfly exhibits.
