“The full scope of the cash seizures—and the overwhelming amount of cases involving innocent people—have not been revealed until now. The inspector general found money seized and forfeited by the IRS was legally obtained in 91 percent of a sample of 278 structuring investigations it reviewed occurring between fiscal years 2012 and 2014. Altogether, those funds totalled $17.1 million and involved 231 cases.”
Read more: https://reason.com/blog/2017/04/04/irs-seized-17-million-from-innocent-busi
Related posts:
Pennsylvania police chief suspended over profanity-laced, anti-liberal gun videos
An Easy Solution to Owning Gold Offshore In Your IRA
Skydio’s self-flying drone can now track down cars
Greek Taxes Are So High That People Are Turning Down Inheritances
Corvette's brakes wirelessly hacked through an insurance dongle
Court Finds Red Light Camera Fines “Unconstitutional”, Forces Ticket Refunds
The Booming Industry of Legal Marijuana: The Next Dot-Com
The FED Does Not Control the Federal Funds Rate
Why Maiden Lane?
Venezuela mortgaged another $4 billion of its oil exports to China
Meet CO-TRAVELER: The NSA's Cell Phone Location Tracking Program
Bitcoin Stares Down Impending Apocalypse (Again)
Don’t Get Fooled Again — It’s Time to Dump Bonds Now
Sell a gun to someone who smokes a joint, get 20 years in jail
Washington man arrested for strapping bomb to his dog and blowing it up