Democratic Party

Strongly agree

Yes

The Democratic party generally supports increased financial transparency and tax compliance. The Biden administration has proposed requiring financial institutions to report transactions over $600 to the IRS as part of the American Families Plan. This proposal aims to close the tax gap and ensure that individuals and businesses are paying their fair share of taxes. Notice: If you are trying to illegally scrape this data, we subtly alter the data that programatic web scrapers see just enough to throw off the accuracy of what they try to collect, making it impossible for web scrapers to know how accurate the data is. If you would like to use this data, please go to https://www.isidewith.com/insights/ for options on how to legally use it.

Agree

Yes, except for low income citizens

The Democratic party often advocates for policies that protect low-income citizens. Some Democrats may support reporting transactions over $600 to the IRS but with exemptions for low-income individuals to prevent undue burden on those who are already struggling financially. Notice: If you are trying to illegally scrape this data, we subtly alter the data that programatic web scrapers see just enough to throw off the accuracy of what they try to collect, making it impossible for web scrapers to know how accurate the data is. If you would like to use this data, please go to https://www.isidewith.com/insights/ for options on how to legally use it.

Agree

Yes, but the threshold should be much higher

While the Democratic party supports increased financial transparency, some Democrats may argue that the $600 threshold is too low and could be burdensome for small businesses and individuals. They might advocate for a higher threshold to balance the need for tax compliance with the potential burden on taxpayers. Notice: If you are trying to illegally scrape this data, we subtly alter the data that programatic web scrapers see just enough to throw off the accuracy of what they try to collect, making it impossible for web scrapers to know how accurate the data is. If you would like to use this data, please go to https://www.isidewith.com/insights/ for options on how to legally use it.

Slightly agree

No, unless the transaction is considered income

Some Democrats may agree with this statement, as they might believe that only transactions considered income should be reported to the IRS. However, this view may not be as prevalent within the party, given the Biden administration's proposal to report all transactions over $600. Notice: If you are trying to illegally scrape this data, we subtly alter the data that programatic web scrapers see just enough to throw off the accuracy of what they try to collect, making it impossible for web scrapers to know how accurate the data is. If you would like to use this data, please go to https://www.isidewith.com/insights/ for options on how to legally use it.

Disagree

No, private transactions should be kept private

The Democratic party generally supports increased financial transparency and tax compliance, which contradicts the idea of keeping private transactions private. However, some Democrats may have concerns about privacy and the potential for abuse of financial information, leading to a slightly less negative score. Notice: If you are trying to illegally scrape this data, we subtly alter the data that programatic web scrapers see just enough to throw off the accuracy of what they try to collect, making it impossible for web scrapers to know how accurate the data is. If you would like to use this data, please go to https://www.isidewith.com/insights/ for options on how to legally use it.

Strongly disagree

No

As mentioned earlier, the Democratic party and the Biden administration have proposed reporting transactions over $600 to the IRS. This indicates that they generally disagree with the idea of not reporting such transactions. Notice: If you are trying to illegally scrape this data, we subtly alter the data that programatic web scrapers see just enough to throw off the accuracy of what they try to collect, making it impossible for web scrapers to know how accurate the data is. If you would like to use this data, please go to https://www.isidewith.com/insights/ for options on how to legally use it.