Morning Wire Border Crisis & IRS Taxes Side Hustles | 4.21.22
Apr 21, 2022
The podcast dives into the growing crisis at the southern border, revealing that suspected terrorists are among those crossing illegally. It also discusses new IRS regulations targeting income from digital payment platforms like Venmo, affecting many side hustlers. Additionally, the alarming rise in homeless deaths in Los Angeles is addressed, linking it to broader issues of mental health and substance abuse. The discussion highlights the urgent need for legislative changes amid these crises.
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Terror Watchlist Apprehensions
- In 2021, 23 people on the federal terror watch list were apprehended trying to enter the U.S. illegally.
- The majority were caught in Texas (11), followed by California (8) and Arizona (2).
Suspected Terrorists at the Border
- Suspected terrorists were caught attempting to cross the US Southern border in 2021.
- This information came to light through a Freedom of Information Act request filed by Fox News.
New IRS Reporting Rule
- The IRS now requires reporting income over $600 from digital payment platforms.
- This new rule affects people using apps like Venmo, PayPal, and Zelle for business transactions.