shopify analytics tool

Theft by any other name

The IRS seized more than $17 million from innocent business owners over a two-year period using obscure anti-money laundering rules and civil asset forfeiture, compromising the rights of individuals and their businesses, a government watchdog has found.

The Treasury Inspector General for Tax Administration (TIGTA) released a report Tuesday detailing how, between 2012 and 2014, IRS investigators seized hundreds of bank accounts from business owners based on nothing but a suspicious pattern of deposits. In more than 90 percent of those cases, the money was completely legal. The report also found that investigators violated internal policies when conducting interviews, failed to notify individuals of their rights, and improperly bargained to resolve civil cases.

     — C.J. Ciaramella, IRS Seized $17 Million From Innocent Business Owners Using Asset Forfeiture

Comments

Legal theft

Civil asset forfeiture is a national problem, and a big one. In 2014, for the first time in recorded history, police in the United States seized more money and property through civil asset forfeiture than all burglars and thieves combined. Making matters worse, civil asset forfeiture has been known to disproportionately impact African Americans and Latinos, creating significant barriers to opportunity in their communities. According to a study in Oklahoma, nearly two thirds of seizures come from racial minorities, representing a significant disparity.
     — Payton Alexander, Maine is poised to make it a lot harder for police to steal your stuff

Emphasis added. H/T reddit

Comments

“I’ve done nothing wrong.”

“We operated the business legally and in compliance with all California and local laws.”

Read More...
Comments

Human Lives Matter

So no matter what I’ve said before now, no matter what I’ve done before now, if I fail to do this now, I’m racist.

Read More...
Comments

Law for the little guy

The real problem with "progressive" laws Read More...
Comments

The many headed hydra of the government

Despite the "push for impeachment," it is not one individual or party we should be worried about Read More...
Comments