This is much more aimed at the "little guy". There's apparently any number of things you can end up doing for someone that'd qualify as a taxable event. Getting

This is much more aimed at the "little guy". There's apparently any number of things you can end up doing for someone that'd qualify as a taxable event. Getting financial institutions to report movements over $600 is getting into "Eh, gave my buddy 600 for <one-off thing>, now he owes me a favor or whatever". Which is way more intrusive than it's ever been in my lifetime.