A new Senate bill will start forcing citizens to report cash and other assets not held in banks. This bill is stated to combat terrorism and money laundering. But is it? It seems to most like just another government attempt to steal assets and raise revenue for social programs as this bill will give the government the authority to track assets and seize them should an individual fail to report independently held assets exceeding $10,000.
This brings to mind the FBI raid under former FBI Director Comey of a small Texan Conservative political gathering back in 2015. Agents confiscated electronics and forcibly fingerprinted all 60 people gathered at the meeting. Now let’s just suppose for a second that they found any evidence of unreported wealth during the raid. You better believe they’d have seized-up all the assets. This is a very real possibility unfolding before us right now since the Senate just passed this bill.
The government is even going to start throwing people in prison if they find out folks haven’t been reporting ALL of their assets. How long would you guess the minimum federal sentence would be for failing to report assets not held in a back? Here is a hint. It’s about double the average time handed for 1st-time rape offenders. Find out more about this freedom infringing bill and how it gives the government the right to start wiretapping private citizens on the next page.
Senators Grassley, Feinstein, Cornyn and Whitehouse are the sponsors. It was first introduced 5/25/2017. If you don’t think they will use this against people NOT involved in trafficking, you are sadly mistaken. Even if you are completely innocent but don’t trust banks, they can seize the money and there is no provision for recovery. I am sure they would just laugh in your face and tell you to think of it as a tax on skepticism.
F**E??
I believe that every politician should be investigated.
I propose a bill, that the idiots in Congress read the Constitution before they propose a bill
Screw you.
Horseshit
This is a lot of Bull$#%&!@*!!
Oh my goodness… you mean that I need to count my change jar and claim it on my taxes?!? If I “hoard” money away, that I’ve earned and already paid taxes on, why should I have to claim it again?!? Talk about the government double dipping!
Lie
nope. find another way.