In 2022 the U.S. Internal Revenue Service announced that online payment platforms must report all transactions made by individuals that are over $600. The rule would result in online sellers, resellers and gig workers having to report more earnings to the IRS. Under the previous law online platforms had to send reports to the IRS if a vendor earned more than $20,000 and had over 200 transactions. Proponents argue that the rule will force tax cheats to report income. Opponents argue that the rule unfairly targets small businesses and people who sell items on Ebay and AirBnb.
Statistics are shown for this demographic
Voting for candidate
Response rates from 218 Social Liberalism voters.
41% Yes |
59% No |
35% Yes |
51% No |
6% Yes, but the threshold should be much higher |
4% No, private transactions should be kept private |
0% Yes, except for low income citizens |
4% No, unless the transaction is considered income |
Trend of support over time for each answer from 218 Social Liberalism voters.
Loading data...
Loading chart...
Trend of how important this issue is for 218 Social Liberalism voters.
Loading data...
Loading chart...
Unique answers from Social Liberalism voters whose views went beyond the provided options.
@Kevin-Brown-JR2yrs2Y
@QizheTheNSCDev2yrs2Y
@aoiginga52yrs2Y
I would say yes, but I would be afraid of this negatively affecting small business owners like AirBnb, etc.
@98PJN3X2yrs2Y
No, I think whatever you make under the table shouldn't be taxed at all.
@99T45NQ2yrs2Y
Yes, but the threshold should be much higher and only then if its considered income.
@7PTCG38 11mos11MO
No, unless the transactions should be considered a form of yearly income with a total threshold of $10,000 or more
Join in on the most popular conversations.