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To: JD86
Were you going to reply, or did you need a 2nd example?

Buried in the more than 300 pages of the new law is a provision that "any person engaged in a trade or business" has to file a government report if a customer spends $10,000 or more in cash.

If you can give me one example I may agree with you.

JUST ONE? --- How about this. I am an Artist, I paint and make scuptures. I have a local storefront where I sell my wares. A local patron comes into my stores and wishes to buy my Art for $15,000 in cash. I am engaged in a business, but it is local only. I have no catalog, no advertisment, and no website furthering or advertising my Art outside my local community.

Being forced to report this transaction, other than legally reporting the income, is a violation of the 4th Amendment. Your thoughts?

203 posted on 11/24/2001 8:20:49 AM PST by TheOtherOne
[ Post Reply | Private Reply | To 201 | View Replies ]


To: TheOtherOne
See #207...just catching up....ya'll got me outnumbered..:)
241 posted on 11/24/2001 9:29:50 AM PST by JD86
[ Post Reply | Private Reply | To 203 | View Replies ]

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