How quaint this modern America
Posted on 11/18/2013 5:50:47 AM PST by Kaslin
This enrages me. I am glad someone took their case and I hope the IRS gets their asses handed to them
His best bet is to get one or both of his senators on his side. A call from a senator’s office works miracles. My senator got a federal agency to release a drug shipment I’d received from Switzerland. It was legally seized as Congress had passed a law to stop people form importing cheaper drugs that were available in the US. Didn’t matter. One phone call, I got my Celebrex. (There was such an uproar Congress cancelled the law.)
Calypso Louie!
On my way to Florida, I stayed one night at a hotel near Montgomery. There was a large contingent of folks who were in town for a Calypso Louie speech.
It was slightly weird to see the crew tromping around at 7:30 a m with their suits, bow ties, and the gals with African robes and head gear.
Yet another great reason to completly abolish and do away with the IRS, it’s broken and like the “Humpty Dumptey” odumbocare fiasco will never nor should it be be put back to gether again.
So if I understand correctly, the IRS took their money because they didn’t exceed the level set by law. Sort of like giving you a speeding ticket for driving a few mph under the limit because you were intentionally trying to not exceed the speed limit. Because you were obviously trying to avoid being ticketed by not exceeding the limit.
This is damned insanity.
I don't know who this "we" is that you refer to, but it doesn't include me.
A lot of folks saw where it was going.
Not quite. It's illegal to exceed the speed limit.
It's NOT illegal to deposit more than $10k. It's just that the bank has to report it.
!!!
Some of “us” did, but clearly not enough. It was one of those “not my ox being gored” things.
I suspect if one thing was changed, this type of civil forfeiture would disappear, “the seized funds going into LEO budgets” and speedy court hearing. Congress could alter this, but the holderites WhiteyHut might veto, this obvious “graft SOP”.
The IRS claims that Terry and Sandy violated federal anti-money laundering laws by making regular deposits of cash in amounts less than $10,000. Since banks are required to report deposits larger than $10,000 to the IRS, a firm that consistently makes deposits less than this minimum may draw the attention of the IRS.
I am reading more and more cases like this and it is a total farce. The las says $10,000. This means that if you continually make deposits of $9,999.99 that you may arouse suspicion, but you have done nothing illegal. This points out something else: The article states “...violated federal anti-money laundering laws by making regular deposits of cash in amounts less than $10,000.” I believe that is incorrect. It is completely legal to deposit that amount of money as many times as you want. It’s a free country. The law only states that deposits over that amount must be reported.
The deposits may draw attention, just as creative tax deductions may draw attention, but I’ve never heard of the IRS locking down someone’s assets because they think they may be taking deductions they shouldn’t be taking.
This stinks to high heaven. It’s why my assets are not in bank accounts. They can’t take your silver, gold and real estate without a bit more trouble on their part.
‘Collateral Damage’ in the War on Drugs.
I will go without health insurance, notice how the administration played a game of semantics by using “health insurance” and “health care” interchangeably? I will still get treated, I am not signing up for obama care.
Good point but the insurance policy at the store would not cover theft about #10K. Thus the deposits to make sure if the store was robbed they had an insurable amount that would be covered. The IRS follows Roman law. You have to prove yourself innocent.
Since the government - through laws like FATCA - is now trying to claim that even human persons categorized as American Citizens are the property of the state, it stands to reason that they would not have any qualms about seizing assets owned by their own property.
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.