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That's the new America according to the government goons at the IRS. Notice how IRS Commissioner John Koskinen got upset when Congress found out that they are still stealing innocent people's money after they said they would stop.
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Last October, in response to the outrage provoked by "structuring" cases in which the government took people's money because their bank deposits were too small, the IRS said it would no longer do that unless there was evidence that the money came from an illegal source. In March the Justice Department announced a similar policy for seizures based on structuring, which entails making deposits of less than $10,000 with the intent of evading bank reporting requirements. Yet both the IRS and the DOJ are continuing to pursue the forfeiture of $107,000 that belongs to Lyndon McLellan, the owner of a convenience store in rural North Carolina, based on nothing but suspicion of structuring.
And then the government goons got upset when the guy they stole the money from told Congress;
"Once Koskinen's position came to the attention of Steve West, the federal prosecutor handling the case, ......West was pissed off that someone had dared to share documents from the case with members of Congress. After McLellan and his accountant emailed West video of Holding's exchange with Koskinen, the prosecutor responded with a rebuke:
I'm a bit concerned. At your request, I provided you a copy of the application for seizure warrant, which remains under seal with the Court, and now it appears it has been made available to a congressional committee? I do not know who did that, and I am accusing no one, but it was not from our office and could only have come from your clients. That was certainly not my intent in making this available. Whoever made [the document] public may serve their own interest but will not help this particular case.
Your client needs to resolve this or litigate it. But publicity about it doesn't help. It just ratchets up feelings in the agency.
My offer is to return 50% of the money. The offer is good until March 30th COB."
It would be interesting to withdraw $9999 one day, then deposit it the next day, then repeat every day for a month to see how quickly the government goons would steal your money.
Take $2000 out the bank and you'll be tattled on to the IRS
Why do we need to have a personal bank, if interest rates are so low?
If someone writes you a check, you should be able to go to their bank and cash the check. In some cases you can no longer do that unless you have an account there also.
When that happens, I go back to the person that wrote me the check and they either pay cash, or come to the bank with me to co-sign the back of the check.
I have a bank, but I refuse to deposit it there and have a record for the IRS to track.
I have some annuities, a ROTH IRA and oil royalty checks, that the IRS knows about before I get it.
The Mafia doesn't need to know everything.
The irony of liberal politics is that illegals have made cash a certainty. I sold a car and the Mexican showed up with $18,000 in cash.
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