Domain: offthegridnews.com
Stories and comments across the archive that link to offthegridnews.com.
Comments · 7
-
"it's not clear how they would make it happen."
Pretty simple. Animal-powered electrical generators. He might even have some type of "Wheel of Pain" for those people who want to buy a Tesla but just can't afford one with money.
-
Looks like somebody is no longer calling the shots
Marissa Mayer must really be on her way out. She rolled over for them often enough.
-
Re: So happy. :)
Add Canada to the list.
-
Re:As long as it's fair...
Only if you're suspected of being a drug dealer under asset forfeiture laws. The police can arrest you, take your cash and don't have to give it back. Some police departments do it as a matter of policy because it easier to shake down the community than ask for a tax raise to pay for new equipment.
-
Re:What is your solution?
Hastert is caught in a similar pickle. Meet the reporting requirements; they're designed to trap this, and other kinds of illicit behavior.
They don't just trap illicit behavior. Legitimate businesses have been hit, many times, for structuring. They charge the money in the bank account, not the individual or business, so you have to *prove* it's legitimate. Often they'll let you get half or so of it back in exchange for not involving the legal system. People have been out of tens of thousands of dollars for this.
Restaurants
A Mexican restaurant: "Critics say the I.R.S. rarely investigates such cases to see if the business owner has legitimate reasons for making small deposits, such as an insurance policy that covers only a limited amount of cash."
Multiple small businesses in MichiganSimply speaking: Many businesses will frequently make deposits under $10k for two reasons:
1. That's simply what they make
2. Insurance policies that only cover 'up to' $10k or so of cash, so business policy is to make a deposit whenever they're close to that amount so they're always covered.The IRS doesn't care, will look at it as 'structuring', and seize all your bank accounts.
-
Re:You and your grid can go dangle
-
Re:Is it really a problem?