Anybody else wonder how many legal immigrants and working poor go shopping with $10,000 in cash? None that I know.
Now illegal aliens here with an agenda, yes...that I can see. Comments?
I don't really have a position on this issue. Yet. Since I just found out about it. My first impression is that it more likely to smoke out tax evasion than terrorist. I with your asessment that very few immigrants are running around with 10K in cash for one purchase. However, I think the most important provision is that the purchases can be cumulative. Now how the heck is a retailer going to keep track of cumulative purchases by cash paying customers?
I wouldn't get to worked up over it. It would be a very difficult if not impossible provision to enforce.