DUmmie defends IRS seizing woman's life's savings. (kpete post and run)

[thundley4]

kpete (44,181 posts) Mon Oct 27, 2014, 01:14 PM

IRS seizes woman's entire savings because she deposits less than $10,000 at a time

Law Lets I.R.S. Seize Accounts on Suspicion, No Crime Required

http://www.democraticunderground.com/10025722353

Lee-Lee (1,545 posts)
14. Arranging your deposits to stay under reporting thresholds is a crime

Doesn't matter if it was legally obtained or not- intentionally hide it from the IRS and its a crime. She knew about the $10,000 limit and was intentionally staying underneath.

And while we may not like these laws, if we want to have a highly progressive tax that is actually enforced we must have these reporting limits to make sure that the IRS is aware of cash transactions and we must have laws making it illegal to evade them.

You can't have a progressive income tax without strong, vigorously enforced laws. Part of that must be criminalization of efforts to avoid reporting to the IRS.

If you let one person intentionally strutting deposits to avoid reporting get off because they "were not trying to hide" you set the precedent that everyone doing the same can claim that excuse.

That just is how it is. You favor a progressive tax you have to give the government the power to enforce that and catch cheats. The enforcement side may make many uncomfortable, but it's an essential part of it.

Lee-Lee (1,545 posts)
17. What part?

The law is clear, breaking up deposits to avoid reporting is a crime.

If you are claiming we can have a strong progressive income tax without strong enforcement mechanisms, I'm all ears about how you would fight evasion...

Lee-Lee (1,545 posts)
25. It's not avoiding taxes, it is a sign you may be

It is avoiding reporting, the reporting is a tool used by the IRS so they have a good idea who is making large cash deposits.

People making large cash deposits are at high risk of evading taxes. Business done all in cash is the hardest to ensure is being taxed properly and the easiest to evade taxes.

So the reporting is a needed and valid tool.

For that tool to work it has to be used. Leaving it legal to simply skirt under the reporting limits leaved a gaping loophole that lets the evaders escape reporting.

If you are paying your taxes the reporting is of zero matter to you, as you are already telling the IRS about all that money just like you are supposed to.

If you are hiding that money, evading the reporting benefits you.

Lee-Lee (1,545 posts)
147. Go look up and read the laws cited in this one

One says that any deposit over $10,000 in cash must be reported to the IRS.

She evaded that reporting by breaking her deposits up to be under $10,000.

That is a crime.

Period.

[Chris_]

Response to joeglow3 (Reply #4)

Mon Oct 27, 2014, 01:47 PM
ZombieHorde (27,816 posts)

13. If this story is presented without too much slant, then perhaps liberals and Tea Party folks should work together on this one issue. If we have common ground to better our communities, why shouldn't we do it?

Response to ZombieHorde (Reply #13)

ncjustice80 This message was hidden by Jury decision.

I'm always curious when I see one of these.

[Chris_]

Response to kpete (Original post)
Mon Oct 27, 2014, 01:18 PM

Logical (14,309 posts)

3. And we wonder why people do not trust the government!

Response to Logical (Reply #3)
Mon Oct 27, 2014, 01:25 PM

closeupready (23,104 posts)

7. +1. Or at least the IRS.

Wrong response, comrade.

[SSG Snuggle Bunny]

yeoman6987 (3,819 posts)

60. Shouldn't she be in jail too?

She basically stole from all of us. Wonder why child credit doesn't raise fast enough. Thank this person and the many others wo do the same illegal activity.

Dawson Leery (11,654 posts)

6. Here is a legitimate victim of the IRS.

Will the tea party come to her defense?

And if we do will you agree we have been right all along?


Now, don your tin foil:

Scuba (40,851 posts)

151. Remind me please why Obama didn't clean house when he took office?

FBaggins (13,546 posts)

164. The Bank Secrecy Act was passed in 1970

We had solid control of both houses of Congress as well as the White House.

IOW... the law she violated was no right-wing abuse.

Scuba (40,851 posts)

178. No, but the violation was designed to make the IRS look abusive, a right-wing strategy.

Yes. That's it.

The IRS is fabricating abuses perpetrated by the IRS so the RWers can dismantle the IRS.

[Ptarmigan]

DUmmies sure like the IRS as they like to overtax people.

[98ZJUSMC]

yeoman6987 (3,819 posts)

60. Shouldn't she be in jail too?

She basically stole from all of us. Wonder why child credit doesn't raise fast enough. Thank this person and the many others wo do the same illegal activity.

Good Gaia!!!!  Why, .....she stole our free shit!!!!!!  The nerve not letting us steal more so, ... we  ...... could....    STEAL MORE!!!!

KILL!!!!!!

DUmmies sure like the IRS as they like to overtax people.

You'll notice the comments about EIC and Child Credit.  Most of these MF's get back more than withheld.  Probably a bunch more.

FBaggins (13,546 posts)

164. The Bank Secrecy Act was passed in 1970.   We had solid control of both houses of Congress as well as the White House.   

  The bestest and smahtestest peeples evah!

BOO!


No you didn't.