Blurryeyed wrote:
Interest income, Capital gains, interest paid on a mortgage or as a business expense that I can accept, the $10K rule was to track drug dealers supposedly, what they are talking about now is ridiculous, and how much money will it actually cost in compliance issues and review both in the banking sector and in the federal gubbermint? It's a stupid policy, and of course it is one thought up by the stupid democrats that don't know crap about life outside of the bubble.
You said your “redline” is your bank account. The IRS already has its eyes on it. You’ve already lost that fight.