It’s the stuff of libertarian dreams. The IRS admits that it wrongfully took money from innocent citizens, and it gives the money back. Go figure…
But this is actually happening to victims of a little-known form of civil asset forfeiture carried out by the IRS on the premise of “structuring” violations. In case you didn’t know, depositing or withdrawing just under $10,000 from your bank account multiple times is viewed as suspicious and possibly criminal activity.
In a victory for lawmakers working to make it harder for the government to take property from innocent Americans, the Internal Revenue Service plans to give people who have had money seized over the last six years the chance to petition to get their money back, The Daily Signal has learned.
According to a GOP source, the IRS told the House Ways and Means Oversight Subcommittee that it will send letters to everyone the agency seized money from for alleged structuring violations, which involves making consistent cash transactions of just under $10,000 to avoid reporting requirements, starting in October 2009.
One petition has already been granted, and others are likely to follow.
The IRS has seized entire bank accounts with no notice or due process, alleging the owners sought to avoid federal bank reporting requirements. The aforementioned pattern of banking is described as “intentionally structuring cash transactions,” and they call it a crime.
Yesterday, we posted an article that provided crystal clear evidence that ‘we are not alone’ and that we are most likely on a short path to an economic collapse.
Now, this image is released by Zero Hedge that clearly delineates the boundaries of the Bilderberg empire and… the rest of us peasants. These posts are not to get you anxiety attacks, only to post the truths that you’ll never hear in mainstream media. If you don’t have gold in your portfolio, and especially retirement (401k), please look into it now.
- Bilderberg meeting in Taschenbergpalais hotel in Dresden
- Vast evidence exists they are planning the triggers to cause an economic collapse, and how they can save their asses in the process
- Graph shows vast empire of Bilderberg and the interconnecting dots
- If Gold is not in your portfolio, get it now
- We are f*****
With the Bilderberg 2016 meeting now humming along at the Taschenbergpalais hotel in Dresden, deep behind closed doors and protected by heavily-armed guards, many have wondered: just how hyperbolic are allegations that the Bilderbergs run the world.
To help readers decide, here is a chart laying out the linkages and various connections – financial, political, statutory and otherwise – between the handful of people who comprise the Bilderberg core and the rest of the world.
Bilderberg group has repeatedly tried to take down the most powerful economy in the world, but have come up short. But this time may be different.
- Worries about a Chinese stock market collapse triggering a wider panic
- Globalists at this year’s confab in Dresden, Germany are scheming to re-position their assets to ensure they exploit the coming market turmoil
- Billionaire elitist George Soros has stepped back into trading
- Soros, who was responsible for crashing the pound in 1992, is also betting against the American stock market
For the second time in the space of ten years, the powerful Bilderberg group is plotting to trigger a financial collapse, with elitists already positioning themselves to profit from the next economic meltdown.
Some people, like some of the people in here (Bilderberg), they can bet on which way the market’s going to go now based on derivatives and things like this and they can make a lot of money out of a crash, they can clean up a lot of distressed assets, so they will be looking possibly at making money from such a thing, which is a crazy situation for the world to be in now, said Gosling.