US Politics

SNOOP SCOOP: New GOP bill would put stop to IRS’s $600 online reporting requirement

California Rep. Michelle Steel and Tennessee Sen. Bill Hagerty introduced the Stop the Nosy Obsession with Online Payments (SNOOP) Act on Tuesday, looking to nix the IRS’s new requirement for Americans to report online transactions over $600.

FIRST ON FOX: A new Republican bill hitting the floors of Congress would stop the Internal Revenue Service (IRS) from snooping in Americans’ online transactions over $600.

California Rep. Michelle Steel and Tennessee Sen. Bill Hagerty, both Republicans, introduced the Stop the Nosy Obsession with Online Payments (SNOOP) Act to their respective chambers on Tuesday, looking to nix the IRS’s new requirement for Americans to report online transactions over $600.

“We will not allow the Biden administration to weaponize government to target hardworking American taxpayers,” Steel said.

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California Rep. Michelle Steel and Tennessee Sen. Bill Hagerty introduced the Stop the Nosy Obsession with Online Payments (SNOOP) Act on Tuesday, looking to nix the IRS’s new requirement for Americans to report online transactions over $600.
(Getty Images)

“I am proud to re-introduce the SNOOP Act with Sen. Hagerty to ensure the heavy hand of government bureaucracy stays off the necks of families as they go about their daily lives, selling a piece of furniture or making a few extra dollars babysitting to make ends meet,” the California congresswoman continued.

“I urge my colleagues to join me in defending the privacy of all Americans and ending the IRS’s egregious overreach,” she added.

Hagerty told Fox News Digital that the “Biden administration has proven relentless in its attempt to invade the privacy of Americans’ lives and finances.”

“It is regrettable that this administration still insists on advancing their perilous and oppressive political agenda to the detriment of taxpayers’ privacy, heedless of the IRS’s failed track record of protecting Americans’ confidential data and the deep concern of the American people that they serve,” Hagerty said.

“Though Republican efforts to repeal these new requirements were ignored for two years, the Biden administration took a politically-timed short-term step to save themselves from the consequences of their own actions, but merely delaying this intrusive provision is not enough. It is past time we stand up for our small business owners and put an end to this egregious and unwarranted overreach for good,” the Tennessee senator continued.

Hagerty told Fox News Digital that the "Biden administration has proven relentless in its attempt to invade the privacy of Americans’ lives and finances."

Hagerty told Fox News Digital that the “Biden administration has proven relentless in its attempt to invade the privacy of Americans’ lives and finances.”
(Bloomberg)

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