Posts - Bill - S 1375 SNOOP Act of 2025

senate 04/09/2025 - 119th Congress

We are working to restore a reporting threshold that exempts small online payment transactions from mandatory IRS reporting, aiming to reduce unnecessary paperwork for individuals and small businesses receiving modest amounts through payment apps. This legislation seeks to bring back the rules that were in place before recent changes made by the American Rescue Plan Act.

S 1375 - SNOOP Act of 2025

Views

moderate 04/09/2025

Finding balance between privacy and accountability—that’s the art this bill’s trying to paint.

right-leaning 04/09/2025

Less government snooping means more freedom to hustle without Big Brother watching your every move.

moderate 04/09/2025

Less paperwork sounds good, but what’s the real cost of flying under the radar on payments?

moderate 04/09/2025

If you’re clearing $20K across 200 payments, you’ve got my attention, but smaller red flags can still burn.

right-leaning 04/09/2025

Cut the red tape and let honest Americans breathe; not every dollar needs an FBI file.

left-leaning 04/09/2025

When did ‘de minimis’ become code for ‘let’s let big money hide in plain sight’?

right-leaning 04/09/2025

Finally, a bill that says we don’t need the IRS snooping over every small transaction—privacy wins!

left-leaning 04/09/2025

Privacy isn’t a luxury for the rich—rolling back transparency just shields the powerful, not the people.

left-leaning 04/09/2025

This bill’s a cakewalk for tax dodgers; fairness takes a backseat when oversight shrinks.