What You Can Do About Biden’s “Tax Crackdown”

The Biden Administration is looking to crackdown on taxes with his new and larger IRS army, but small businesses will likely get caught in the crosshairs.

crackdown After 2020 came to a close, many people expected an end to the madness of forced lockdowns, mask mandates, and “warp speed” vaccines.

But so far in 2021, the madness has only gotten worse, and now every entrepreneur or small business owner is likely to feel the heat. Why?

Because of Biden’s Big “Tax Crackdown”…

In an effort to close the tax gap between collected taxes and owed taxes in the U.S., the POTUS wants to peek into your bank account for two bits of information:

  1. To see the money going in.
  2. To see the money going out.

According to Reason magazine, the intent behind the plan sounds innocent enough…

The plan “will give the IRS the resources it needs to keep up with the lawyers and accountants of the super-wealthy. It would ask just for two pieces of information from the banks of these folks: the amounts that come into their bank accounts and what amounts go out of their bank accounts,” Biden said.

If you can conjure up the image of Uncle Sam taking a quick peek into your finances, then saying, “We’re only doing this to catch the cheaters” — then you have the picture.

The government always frames bad policy in language like this so you’ll go along with it. Naturally, their proposed bank account surveillance won’t be used only on the wealthy, nor only on cheaters.

Because once the government has the authority to spy on some bank accounts, it’s just a matter of time before they’re spying on all of them.

Once liberties are taken, they’re almost never restored. For example, the TSA has become a permanent fixture of U.S. airports. And if Biden gets his way, his “bank spies” will be permanent as well.

What Biden Isn’t Telling You about His “Tax Crackdown”

From the same Reason piece: “Giving the IRS more information about the inflow and outflow of bank accounts won’t automatically tell the IRS that someone is hiding unreported, taxable income. But it gives the federal tax cops another way to establish probable cause for a financial stop-and-frisk.”

Imagine if the IRS invented a reason to peek, then funneled some of your business income straight into their coffers in order to “pay your fair share”?

Then imagine if the plan itself outlined the ways the IRS could use the information gathered from their little “peek” to grab crypto, third party payments, etc.?

Stop imagining, because that is exactly what the Biden administration wants to do.

And this is just the tip of the iceberg. Biden’s plan also imposes BIG tax hikes not just on the “rich,” but also 1.9 million small businesses.

According to Americans for Tax Reform: “Biden’s increase in the top marginal income tax rate to 39.6 percent will hit small business sole proprietorships, LLCs, partnerships and S-corporations.”

So not only does Biden want to have his IRS goons play “tax nanny” by peeking into your bank account, he also wants to play “robber baron” by increasing your taxes.

That’s Why You NEED a Blueprint to “Sidestep” Biden!

As you probably know, I’ve been living the life of a “digital nomad” since 2001. That means l have enjoyed the benefits of location independence.

During that time, I’ve also learned dozens of valuable lessons about how to maintain my independence free from the IRS, “ethically challenged” Government officials, and public runs on banks. 

On top of that I’ve learned the secrets to reducing taxes, sometimes even eliminating my tax obligations altogether (just like the wealthy elite). All while maintaining my freedom “under the radar” of various Government bureaucrats.

I created GWP Insiders to share those lessons.

In fact, I recently updated the entire membership area and I’m relaunching it as GWP Insiders 3.0. And, for a limited time, you can save 70% on membership.

Why should you seriously consider this?

GWP Insiders is a complete roadmap of internationalization strategies for location-independent entrepreneurs and investors looking for answers to tax, residency, wealth, and lifestyle questions.

Most importantly, you’ll learn about legal tax avoidance loopholes that can protect you from “work from home” taxes and many other taxes politicians dream up.

Bottom line, we believe in REAL freedom. Freedom to keep the money you earned.  Freedom to travel where you want, when you want…

Freedom to be private and secure in your business affairs and day to day life.

When you become a member of GWP Insiders, you’ll have access to some of the most valuable and closely guarded secrets the wealthy use to protect and grow their wealth. 

For example, you’ll discover:

  • How to obtain citizenship and a second passport in less than one year.
  • The biggest tax haven in the world (most NEVER get this right).
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  • How to structure your business (and life) to minimize or eliminate taxes.
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And much, much more.

Right now, you can save 70% on your GWP Insiders 3.0 membership. But please hurry because this offer won’t last much longer.

Living privately,

Bobby Casey

Location Independent Entrepreneur

P.S. The IRS could be “taking a peek” into your bank account very soon, so you need to move fast. Here’s your next step to make sure they can’t… 

Become a GWP Insiders member today to discover how to keep your income safe, along with many more secrets to secure your future no matter how tough the IRS gets…

Become an Insider Today (Save 70%)

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