Posted on 04/19/2010 5:54:44 AM PDT by NativeNewYorker
The incredible cash flow of the clubs has attracted intense interest from the IRS.
In an effort to make the cash transaction reporting rules clearly understood, IRS agents from the criminal and civil divisions recently conducted two meetings with more than 40 high-level local nightclub managers. Las Vegas IRS Special Agent in Charge Paul Camacho confirmed the meetings.
The prevailing theme: Monitor cash customers responsibly, or Uncle Sam will.
(Excerpt) Read more at lvrj.com ...
“... or Uncle Sam will.”
Yeah. Right. If they could...they would...
The goobermint hates cash. They want their skim.
The article says that most people are legit, then goes on to say much of the cash transactions are from criminals. huh?????? Which is it?? You know these Americans can’t be trusted with their own cash dontcha.
They will use undercover “stings” and make examples of nightclub managers and owners.
They will do more time than the well-connected corrupt perps at Goldman Sachs, who looted billions.
Not only that, but they probably want to track heavy alcohol users and link that information into the health care system as a basis to deny claims.
I used to work in the night club business. Some of those “ENTERTAINERS” had very big and very rough boyfriends. Some had very big and very rough girlfriends.
This may get interesting.
What is the saying, “We jail petty criminals, and appoint big ones to public office.”
Idiots!
“Pouring costs” are the highest variable in the business.
The IRS couldn’t fix this if their agents were the bar tenders!
Nice to see the irs going after cash transactions in Las Vegas. That’s like handing out speeding tickets at the Indy 500. I expect any day now they will let us in on what happened with the withdrawal of $500 billion out of the treasury of OUR Money.
I’m reading “strip clubs” in this, or is it just me?
The comments at the newspaper’s site sseemed to think that these big spenders need to be reigned in. Nothing but jealousy, class envy and greed. These peons will get their’s too.
What do they mean by “monitor”? and what “cash transactions”?................
there’s this liberal at work who’s always talking about why we need to pay higher taxes.
He works nights as a waiter at a restaurant, and he complains about people who pay tips with their credit card because then he has to pay taxes on it.
I’m not getting something......
Why does this administration want to destroy the gaming industry?
Why does the IRS care about spending? It’s my money, if I want to spend it on parties and drinks it does not affect my income at all, and thus is out of the jurisdiction of the IRS...
Insanity.
Barry really does seem to have a thing with Vagas. Something traumatic must have happened to him there. A bad hooker? A not bad enough hooker? We'll never know.
§ 1379. In the next place, what may properly be deemed impairing the obligation of contracts in the sense of the constitution? It is perfectly clear, that any law, which enlarges, abridges, or in any manner changes the intention of the parties, resulting from the stipulations in the contract, necessarily impairs it.
Joseph Story, Commentaries on the Constitution , Document 23, Article 1, Section 10, Clause 1
Can someone please explain how forcing Americans and American businesses to be Uncle Sam's Tax Monkeys DOESN'T impair the obligation of our private contracts?
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