Replies

To: TroutStalker

Wrong answer.

Although they are trying to use the Patriot Act to seize financial records, the law to report the $10,000 threshold has been in place for 30 years.

Bank Records and Foreign Transaction Act of 1970
http://www.gambling-law-us.com/Federal-Laws/other-federal-statutes.htm

Try researching before just repeating...

29 posted on 03/05/2004 7:30:11 AM PST by xusafflyer (Keep paying those taxes California. Mexico thanks you.)

[ Post Reply | Private Reply | To 16 | View Replies ]

To: xusafflyer

This is true, the Currency Transaction Report has been around for years trying to nab drug dealers.

32 posted on 03/05/2004 7:32:50 AM PST by HELLRAISER II (Give us another tax break Mr. President)

[ Post Reply | Private Reply | To 29 | View Replies ]

Free Republic
Browse · Search

News/Activism
Topics · Post Article

FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794