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re: IRS seizes business' bank account for suspected crime

Posted on 10/29/14 at 8:58 am to
Posted by udtiger
Over your left shoulder
Member since Nov 2006
99856 posts
Posted on 10/29/14 at 8:58 am to
quote:

No, not Obama, but it was passed by both houses of Congress that were at the time controlled by Democrats. Richard Nixon did sign it, but Dems were responsible for it.


The mandatory reporting for $10k+ cash deposits is from the Patriot Act.

Bush's fault.
Posted by SpidermanTUba
my house
Member since May 2004
36129 posts
Posted on 10/29/14 at 9:00 am to
quote:


The mandatory reporting for $10k+ cash deposits is from the Patriot Act.


Are you sure?

I seem to remember Ollie North testifying about deposits that were denominated in 9's.

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