October 27, 2014

IRS Seizes Woman's Entire Savings Because She Deposits Less Than $10,000 at a Time

Whether it be fascism, Marxism, Stalinism, statism, the end result is the same: totalitarian police state in which cronyism elitists can extort/steal from the citizens. Until people realize that both sides of the aisle are playing people for fools, nothing will change. Social issues are orchestrated with the purpose to keep people divided - all to prevent the people from looking behind the curtain to the true corruption. At this point, I don't care (Democrat, Republican, Libertarian, etc.) who puts an end to civil forfeiture seizure laws and returns the land back to we the people. We are supposed to be a free society garnished with unsaid liberties, not to simply exist to be wage earners for the State.

The best thing to do would be abolish the income tax, then the IRS. Let each state take over their own finances. The lawless, bloated feds with their parasitical, non-productive agencies and departments have proven they are not good stewards of our hard earned money, and state government is more accessible to the citizens who would find it easier to keep their government accountable.

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

October 27, 2014

The Week - An Iowa woman named Carole Hinders saw her bank balance go from $33,000 to zero thanks to IRS confiscation.

Hinders, who owns a small, cash-only Mexican restaurant, has not been charged with any crime and is not suspected of tax fraud. The IRS says they took her money solely because she deposited too little of it at a time, and the agency claims she did so to avoid the required reporting of any bank transaction over $10,000. She says she just thought it was helpful to save the bank paperwork.

Though the $10,000 rule is ostensibly designed to help catch terrorists and drug dealers, it is far more often used on regular citizens who are unlikely to ever see their money returned.
 "I don't think [the IRS is] really interested in anything," said a lawyer representing another seizure case. "They just want the money."
To keep her restaurant afloat following the confiscation of her savings, Hinders has had to take out a second mortgage and max out her credit cards.
"How can this happen?" she asks. "Who takes your money before they prove that you've done anything wrong with it?"

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