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.
Are yall going to tell us where all your money is?
I got a roll of quarters around here some where does that count ?
Senate passed…
House vote???
President has to sign??
Can the Senate act alone????
Nan,off the working people that have to pay taxes,thats how!!!
Insider trading. Buy/invest on what bills are being considered.
Screw the law!
How stupid.
Are they going to search everyone in the US for a secret stash of cash?
First they’d have to have probable cause which aren’t likely to be granted against rich and affluent families.
Does this bill also apply to politicians?
Does this mean that the Obamas will be required to report all of their funds stashed in secret overseas accounts? Probably not as they think that they are above the law and have political connections galore.
The day the slimy crooked government report all their money is the day the American people will do the same. One you can’t enforce that period its not a law. So get off of you high horse’s.