[Red Badger]

Even $100K+ is unconstitutional....................

[JaguarXKE]

That pesky 4th Amendment. If only Democrats gave a rip about the Constitution.

[An.American.Expatriate]

Even $100K+ is unconstitutional....................

Unless your an expat, then the threshold is $0.00.

[Starboard]

Even $100K+ is unconstitutional....................

****************

The GOP may not vote for it but they probably won’t do anything to rescind it either. The GOP totally LOVES big government. Note that they never do anything to shrink it.

[joshua c]

good point. its not the amount, its the constitutionality

[NEMDF]

So how many new IRS agents will this require, to go through all of the records in order to determine what they need to investigate?

What will it cost the banks (to be passed along to the consumers, no doubt) to do the extra record-keeping and reporting?

Besides the basic issue of our privacy, this would seem to be one more control issue for the Dems to use against us.

[virgil]

It shouldn’t be allowed at all. They’re giving republicans lots of ammo, if they’re smart enough to use it.