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“Atlas Shrugged” where Dr. Ferris explains: “Did you really think that we want those laws to be observed? ...We want them broken... We’re after power and we mean it... There’s no way to rule innocent men. The only power any government has is the power to crack down on criminals. Well, when there aren’t enough criminals, one makes them. One declares so many things to be a crime that it becomes impossible for men to live without breaking laws. Who wants a nation of law-abiding citizens? What’s there in that for anyone? But just pass the kind of laws that can neither be observed nor enforced nor objectively interpreted - and you create a nation of law-breakers - and then you cash in on guilt.”
Who needs a vice-admiralty court in America’s New Age?
Or at least make the government agency responsible for paying the legal fees if they cant prove that something illegal was done.
The $10,000 reporting requirement was intended to discover illegal activity.
Now depositing less than $10,000 appears to be the only “crime” necessary for forfeiture.
I doubt that many Americans react to this statement as if it was shocking or new. The IRS needs to be scaled way back. It would be worth shifting from an income tax to a (revenue neutral) sales tax, just to reduce the corruption on one side and abuse on the other side of our current tax structure.
The concept of “Civil Asset Forfeiture” has no place in a free society.
(Public hangings do in some circumstances.)
I picture Stalin Mao and Hitler hanging out together in hell kicking themselves for not having come up with ideas like civil asset forfeiture and “structuring”.
Fifth Amendment Integrity Restoration (FAIR) Act - I like it.
“The latest policy change related to structuring is grounded in common sense. It requires that criminal charges be filed before the IRS seizes bank accounts whose owners are suspected of structuring their deposits.”
Yeh now they have switched to going after cash withdrawals. If you can’t get it one way get it another.
congress should cease to fund this mafia known as the irs
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The Bank Secrecy Act of 1970 (or BSA, or otherwise known as the Currency and Foreign Transactions Reporting Act) requires financial institutions in the United States to assist U.S. government agencies to detect and prevent money laundering.
Specifically, the act requires financial institutions to keep records of cash purchases of negotiable instruments, and file reports of cash purchases of these negotiable instruments of more than $10,000 (daily aggregate amount), and to report suspicious activity that might signify money laundering, tax evasion, or other criminal activities.
http://en.wikipedia.org/wiki/Bank_Secrecy_Act
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BushI, March 05, 1991 =>
Asset forfeiture laws allow us to take the ill-gotten gains of drug kingpins and use them to put more cops on the streets and more prosecutors in court.
In the last 5 years alone, the Justice Department shared over half a billion dollars in forfeited assets with State and local law enforcement.
http://bush41library.tamu.edu/archives/public-papers/2764
“IRS Agents are acting like thugs.”
It’s no act.
And why isn’t Lois Lerner in jail?
Apparently, this civil asset forfeiture scam is Loretta Lynch’s specialty. She has no business anywhere near the Attorney General’s office. She is nothing more than a legalized criminal.