[Steve_Seattle]

$600 would include most paycheck deposits, most social security deposits, most rent payments, millions of credit card payments, most mortgage payments, and millions of ordinary purchases or down-payments on big-ticket items. It would involve reporting one or more final transactions for just about every adult in America.

[rdl6989]

Schiff is an idiot.

[Thank You Rush]

Plus IRA minimum distributions required yearly. I guess a person could take those in checks, cash the checks and keep the cash under the mattress or in a Mason jar in the backyard... These people are daft and you can bet none of the rules would apply to them.

[Mastador1]

Time for my wife to start having her clients pay her with multiple checks to remain below the threshold. Also time to start pulling my mothers accounts down $500 at a time until they are drained, banks don't pay diddly in interest anyway and that will make dispersing of her estate easier with Big Brother sticking his nose into her estate and she does need a new mattress.

Hey DOJ, IRS and democraps..........just kidding.......maybe.