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Originally Posted by chalupacollects
Pretty sure the "every banking" transaction over $600 being reported by the banks was upped to $10,000 as there was too much pushback from the banks, the people and the opposition party. It was part of the BBB bill which thankfully has been dumped...
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You're right, I believe it was in a different bill that hasn't passed... yet. But they have been known to make some changes retroactive, and if they need to close the loopholes to pay for the bill, expect it to be revisited.