To: JD86
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.
36 posted on
11/23/2001 5:34:55 PM PST by
Smogger
To: Smogger
It's cumulative...like in one day. For instance, using the example in the article. Buying something for $4,000, paying cash...something for $4,000 and something for $4,000. Three purchases, each under the radar if made separately...but three made in the same store, same day...counts as over $10,000 in cash purchases.
43 posted on
11/23/2001 5:41:03 PM PST by
JD86
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