When Randy’s wife deposited $12,000 that fateful day she was told by the clerk that it’s best to deposit less than $10,000 because it would ‘trigger a lot of paper work.’
But depositing less than $10k won’t keep the IRS from stealing your money. Last year the New York Times published an article regarding the IRS seizure of accounts from people depositing less than $10k.
As CNBC’s Bob Pisani stated, “You are under suspicion if you deposit over $10,000, and you’re under suspicion if you deposit under $10,000.”
All this is done under something called civil asset forfeiture, which permits the IRS to seize your assets if they only suspect you of a crime. They never need to file charges and can simply keep your money. Most people don’t have the money to fight back.
Goodbye America, hello Amerika…
Another bunch needs to Go.
It is BUT NO ONE WILL STAND UP TO THEM.
There’s a legal term for that. Theft!
Blame congress
sounds like$#%&!@*is in office