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Tuesday, October 28, 2014

"They Just Want The Money!" The IRS Can Now Seize Accounts On Suspicion Alone

“How can this happen?” Ms. Hinders said in a recent interview. “Who takes your money before they prove that you’ve done anything wrong with it?”

The federal government does.

The topic of civil asset forfeiture has been high on our agenda recently as federal 'agents' discover how to steal Americans' hard-earned cash with zero repurcussions, and decide unilaterally how much cash a 'common man' is allowed to carry; but as The NY Times reports, the escalation to The IRS brings a whole new world of possibilities with regard asset confiscation based on no actual crime being proved...

As The NY Times reports,

For almost 40 years, Carole Hinders has dished out Mexican specialties at her modest cash-only restaurant. For just as long, she deposited the earnings at a small bank branch a block away - until last year, when two tax agents knocked on her door and informed her that they had seized her checking account, almost $33,000.

The Internal Revenue Service agents did not accuse Ms. Hinders of money laundering or cheating on her taxes — in fact, she has not been charged with any crime. Instead, the money was seized solely because she had deposited less than $10,000 at a time, which they viewed as an attempt to avoid triggering a required government report.

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4 comments:

Anonymous said...

Of course they can seize anything at anytime; you didn't earn that money, the government just let you borrow it for a while.

Anonymous said...

I would let the agents (thieves) borrow a few FMJ's.

Anonymous said...

@11:19-HP's would be more appropriate.

lmclain said...

Keep cheering.
YOU could EASILY be next....
How many of you REGULARLY deposit less than $10,000?
Remember this most extremely important facet --- THEY decide what is "suspicious" or "wrong".
Not you. THEM.
Read the story again and think about it for a few minutes.
Then get back to cheering.