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.
Response rates from 489 Canada voters.
34% Yes |
66% No |
29% Yes |
61% No |
4% Yes, but the threshold should be much higher |
4% No, private transactions should be kept private |
1% Yes, except for low income citizens |
2% No, unless the transaction is considered income |
Trend of support over time for each answer from 489 Canada voters.
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Trend of how important this issue is for 489 Canada voters.
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Unique answers from Canada voters whose views went beyond the provided options.
@9CGBPXC1yr1Y
We have the CRA. No concern with the IRS.
@9FGQ3S21yr1Y
Yes, but instead with the CRA
@9DQSF441yr1Y
All transactions should be reported
@99BVWKW2yrs2Y
@9CMVS5P1yr1Y
If it’s something personal, I think that’s an invasion of privacy, so they don’t really need to know about those kind of things, I’m the whole scheme of things.
@98PQTLX2yrs2Y
Yes, as this can prevent bankruptcies leading to recession or depression.
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