[liberalh8ter]

Setting it to 10,000 sounds less intrusive.... until you realize that in the soon to hit hyperinflation lunch at McDonalds will probably cost 8,000.

They already report transactions of more than $10k to the IRS. That should have never happened.

[redgolum]

It is less than $10K.

Around $5K now. Trump changed that.

Buddy got into some hot water once over it. He sold a lot of old cars his late father in law had. Ended up getting served papers and a full audit because “you are structuring your income to be below the IRS threshold!”.

Cost him a lot of money to defend himself. Said he should have just torched the cars and walked away.