This is not a proposal to report a $10,000 transaction, which is already federal law.
I believe that is a cash transaction, not all of them currently. In fact it extends to any unusual cash transaction.
The per year thing in this proposed law is BS IMO. The government here feels it is just lending you their money.
As far as I am concerned, the government can go FO.
Exactly. It’s 10k/year. Not the standard 10k/transaction.
It Seems like an illegal search to me.