General Discussion
In reply to the discussion: IRS seizes woman's entire savings because she deposits less than $10,000 at a time [View all]FBaggins
(26,729 posts)It doesn't.
The IRS has acknowledged they shouldn't have been doing this
Nope. If they had acknowledged that... they would have given back what they had taken so far.
Innocent till proven guilty is still supposed to be the law
And it is.
not the government grabbing people's assets just in case there was something illegal involved.
That's the same error that the OP makes. It claims that her mistake was not depositing enough and that the funds were taken even though she hadn't done anything illegal. Neither statement is true. We don't know whether there was an underlying crime that caused her to structure her transactions the way she did, but we know that the structuring itself was illegal (and had nothing whatsoever to do with "not depositing enough".