‘They’re Getting Desperate:’ Bank Group Executive Pushes Back on Psaki’s Characterization of Opponents of IRS Proposal

The White House on Monday claimed that opposition to a proposal to dramatically widen the powers of the IRS is being driven by large banks and the wealthiest Americans, drawing fresh pushback from critics. “They’re getting desperate now that average customers and consumers found out about this IRS snooping proposal on all bank accounts, and they’re trying to deflect and focus in on banks and the so-called wealthy and billionaires,” Paul Merski, group executive vice president, congressional relations and strategy for the Independent Community Bankers of America, told The Epoch Times. “They’ve gotten caught and were busted. This is going to be a dragnet on virtually everyone’s bank accounts in the United States,” he added. The plan is designed to pay for President Joe Biden’s spending package for childcare and healthcare, and has not been approved by Congress. It would force banks and other financial service companies to track and report to the …

Read the full post at The Epoch Times.

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