VIDEO Trump Biggest Tax Cut Ever – IRS Seized $17 Million from Americans’ Bank Accounts, Never Charged with a Crime!

IRS Seized $17 Million from Americans’ Bank Accounts, But They Were Never Charged with a Crime!

April 22, 2017 by Tim Brown

 

According to a report from the Treasury Inspector General for Tax Administration (TIGTA), the Internal Revenue Service (IRS) seized approximately $17.1 million from Americans’ bank accounts that were thought to be involved in “criminal enterprises.”

The funds seized by the IRS were said “to disrupt and dismantle criminal enterprises.”  However, of the 278 investigations that took place by TIGTA, 91 percent of the funds were said to be obtained legally by businesses.

So, what does that tell us?  Well, it tells us that in 91 percent of the cases, people had their money seized without being charged with a crime!  Our Constitution is clear:

No person shall be held to answer for a capital, or otherwise infamous crime, unless on a presentment or indictment of a Grand Jury, except in cases arising in the land or naval forces, or in the Militia, when in actual service in time of War or public danger; nor shall any person be subject for the same offence to be twice put in jeopardy of life or limb; nor shall be compelled in any criminal case to be a witness against himself, nor be deprived of life, liberty, or property, without due process of law; nor shall private property be taken for public use, without just compensation. – Fifth Amendment to the US Constitution

Seizing money or property without due process of law is unconstitutional and criminal.  This is why asset forfeiture, be it under a Democrat administration or a Republican one, is criminal, and those engaged in it should be brought to justice.

“Most people impacted by the program did not appear to be criminal enterprises engaged in other alleged illegal activity,” a TIGTA statement read. “The report also concludes that the rights of some individuals and businesses were compromised in these investigations.”

You think?  They were not just compromised, they were violated!  So, is TIGTA or agents with the IRS going to be held responsible?  Not on your life!

“When property owners were interviewed after the seizure, agents did not always identify themselves properly, did not explain the purpose of the interviews, did not advise property owners of any rights they might have, and told property owners they had committed a crime at the conclusion of the interviews,” the statement continued.

So, why was their money seized?  Forget telling them their rights.  That is something of which they should be aware.  Those involved should have been aware of the rights of the citizens and the limits of their authority.

Allegedly, the money was seized for claims that the businesses or individuals were violating the Bank Secrecy Act.  According to the Act, banks are to report transactions greater than $10,000.  It’s an absolutely stupid law that can easily be undermined by simply making smaller deposits, but more than that, it’s none of the government’s business how much money you have, deposit into your bank or take out of your account.

The report adds that the IRS agents involved failed to even investigate whether or not the transactions of those they seized money from was legal or not.  Furthermore, they didn’t even see if business owners had reasonable explanations until after they seized their funds.

This is criminal.  If you or I did that to an individual or a business, we would be charged with any number of crimes that involved stealing (Exodus 20:15).  How is it that these people continue to keep their jobs?

“In most instances, interviews with the property owners were conducted after the seizure to determine the reason for the pattern of banking transactions and if the property owner had knowledge of the banking law and had intent to structure,” the report read.

Though technically, if a business owners failed to report deposits over $10,000 they were considered to be violating the law, the report indicated that the law was created to apprehend criminals “not put in place just so that the government could enforce the reporting requirements.”

“Criminal Investigation (CI) has now made important improvements to this program; however, the IRS should ensure that protections are in place so that people have rights and that innocent people do not feel compelled to settle a civil forfeiture matter under the pressure of possible criminal prosecution,” said J. Russell George, the Treasury Inspector General for Tax Administration.

“TIGTA made recommendations for improvement of the program, and CI agreed with five recommendations, disagreed with three recommendations, and partially agreed with one recommendation,” the TIGTA statement read.  “In responding to the recommendations, CI officials said that they have established controls to monitor case selection and are in the process of evaluating petitions from property owners impacted by the program after CI issued over 1,800 letters to persons impacted by the forfeiture program since 2009 in which they were invited to submit or resubmit petitions for return of funds. Further, they partially agreed to allow advice of rights in noncustodial situations for administrative cases but not for cases it deems are ‘grand jury investigations.’”

“IRS CI agreed that all reasonable explanations provided by subjects should be explored and has eliminated the use of Consents to Forfeiture,” the statement concluded.  “They declined to provide additional guidance or training regarding the bargaining of nonprosecution to resolve a civil case. They stated that they are committed to making appropriate referrals to the IRS examination function, but will not agree to improve their grand jury information designation process, stating that the Inspector General Empowerment Act of 2016 (which grants Inspectors General access to grand jury information, unless certain denial criteria are met; e.g., active investigations or disclosure would be harmful to the interests of the United States) obviates the need for CI to correct the problem of over-designating information as grand jury information. TIGTA believes that requiring the Attorney General to review voluminous information for the Act’s grand jury denial criteria when the information has been incorrectly designated as grand jury information by CI is a needless waste of scarce resources of both the Attorney General and TIGTA.”

Yet, the IRS and the TIGTA is prefectly fine with wasting the resources of individuals and businesses, along with stealing their money and not charging them with a crime?  This is outrageous!

Well, as I said before, it’s none of the government’s business how much money you have or transact via a bank.  Doesn’t matter what they claim.  This is an injustice, and lots of heads should roll over this admitted criminal activity.

http://freedomoutpost.com/irs-seized-17-million-from-americans-bank-accounts-but-they-were-never-charged-with-a-crime/


Mnuchin vows ‘biggest tax cut’ in US history, confirms plan to slash business rate

April 26, 2017

 

Treasury Secretary Steve Mnuchin confirmed Wednesday that the Trump administration aims to lower business tax rates to 15 percent, saying a forthcoming proposal will constitute the “biggest tax cut” for Americans in history.

“This is going to be the biggest tax cut and the largest tax reform in the history of our country,” Mnuchin said, as administration officials prepare to outline Wednesday afternoon what he described as “principles” of their tax plan.

Mnuchin, speaking at a Washington forum, would not reveal many specifics but confirmed that they want to lower the business rate to 15 percent.

“I will confirm that the business tax is going to be 15 percent,” he said. “[Trump] thinks that’s absolutely critical to drive growth.”

He indicated that the rate for small businesses and the corporate tax would both drop to 15 percent. The top small business rate is 39.6 percent; the current corporate tax is 35 percent.

Mnuchin also said the administration wants to “do the whole thing,” and not pursue tax reform piece by piece. Amid concerns that such sweeping tax cuts would significantly reduce revenue for the government, he suggested economic growth will help pay for the plan.

The plan, though, is likely to run into tough questions from Democrats and some fiscal hawks about the impact on the federal deficit and national debt.

On Tuesday, the official scorekeeper for Congress dealt a blow to the argument that tax cuts pay for themselves.

The nonpartisan Joint Committee on Taxation said a big cut in corporate taxes, even if temporary, would add to long-term budget deficits. This is a problem for Republicans because it means they would need Democratic support in the Senate to pass a tax overhaul that significantly cuts corporate taxes.

After holding a briefing with congressional lawmakers Tuesday night, Mnuchin and top White House economic adviser Gary Cohn are set to brief the media later Wednesday on tax plan details.

Mnuchin said Wednesday morning that the House, Senate and administration are all “on the same page” and called tax reform a “major priority.”

The administration also is looking at a big increase in the standard deduction.

The current standard deduction would rise from $6,300 to $12,600 for individuals under the proposal. For married couples filing jointly, it would rise from $12,600 to roughly $24,000

The top individual tax rate would slip to 37 percent, from over 39 percent.

The Associated Press contributed to this report.

http://www.foxnews.com/politics/2017/04/26/mnuchin-vows-biggest-tax-cut-in-us-history-confirms-plan-to-slash-business-rate.html


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Conservatives Laud Trump Tax Plan: ‘Massively Pro-Growth’

April 26, 2017

Conservatives praised President Donald Trump’s tax plan Wednesday, with Senate Majority Leader Mitch McConnell saying “getting tax rates down for American companies, big and small, will create new jobs and make the United States a more inviting place to do business.”

“The principles outlined by the Trump administration [Wednesday] will serve as critical guideposts for Congress and the administration as we work together to overhaul the American tax system and ensure middle-class families and job creators are better positioned for the 21st century economy,” the Kentucky Republican said.

McConnell’s statement was endorsed by House Speaker Paul Ryan of Wisconsin, Senate Finance Committee Chairman Orrin Hatch of Utah and House Ways and Means Committee Chairman Kevin Brady of Texas.

President Trump’s plan would slash tax rates for businesses and on overseas corporate profits returned to the country, while raising standard deductions for individuals. The blueprint also would repeal inheritance taxes on estates and simplify tax returns.

However, the outline does not offer ways for raising new revenues and could possibly add billions of dollars to the federal deficit.

Treasury Secretary Steve Mnuchin and Trump economic adviser Gary Cohn introduced the effort at the White House.

“Our objective is to make U.S. businesses the most competitive in the world,” Mnuchin said. “The president is determined to unleash economic growth for businesses.”

McConnell and the other Republican leaders said in their statement the proposed lowered tax rates “for individuals and families will allow them to keep more of their hard-earned money and empower them to invest more in their future.

“With an eye toward fairness and simplicity, we’re confident we can rebuild our tax code in a way that will grow our economy, better promote savings and investment, provide our job creators with a competitive advantage, and bring prosperity to all Americans,” they said.

Senate Majority Whip John Cornyn of Texas called on Democrats to support Trump’s plan.

“We know our tax code is way too complicated,” he said. “It’s riddled with loopholes, inconsistencies, and provisions that impede job creation.

“Pro-growth tax reform should be our goal – and it’s something that’s united Republicans and Democrats in the past.

“There is no reason why we shouldn’t be united again in accomplishing that tax reform,” Cornyn said.

Several conservative watchdog groups also lauded President Trump’s tax outline.

“President Trump has re-energized the drive for fundamental tax reform that creates growth and jobs,” said Grover Norquist, founder and president of Americans for Tax Reform. “The plan cuts taxes for businesses and individuals and simplifies the code so Americans can file on a postcard.

“Reducing taxes on all businesses down to 15 percent will turbocharge the economy.”

David McIntosh, president of the Club for Growth, said “cutting rates and eliminating deductions will put the U.S. squarely on the path of sustained economic growth.

“The Trump administration’s tax-reform proposal is massively pro-growth. Allowing small and mid-size businesses to use a new 15 percent business tax rate is crucial to that growth.

“This is the tax plan that the American people supported when they elected President Trump,” McIntosh said, “so House Republicans would do well to give it their full support.”

Reuters contributed to this report.

http://www.newsmax.com/Politics/conservatives-tax-rates-cut/2017/04/26/id/786614/


Related

http://www.newsmax.com/Headline/US-Trump-Tax-Plan/2017/04/26/id/786573/

http://www.newsmax.com/Headline/US-Trump-Tax-Plan-The-Latest/2017/04/26/id/786581/

http://www.newsmax.com/Politics/sarah-huckabee-sanders-tax-reform-help-middle-class/2017/04/26/id/786576/

http://www.newsmax.com/Politics/trump-tax-reform-proposal-deduction/2017/04/26/id/786556/

http://www.newsmax.com/Finance/StreetTalk/Larry-Kudlow-Steven-Mnuchen-budget-tax-cuts/2017/04/26/id/786510/

http://www.newsmax.com/Politics/mnuchin-confirm-corporate-tax/2017/04/26/id/786479/

http://www.cnsnews.com/news/article/terence-p-jeffrey/trumps-border-wall-request-equals-0035-federal-spending

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About ror1774

This Blog is for modern day Patriots who want to Reclaim Our Republic and put it on the right path with a foundation of our Constitution and our Creator God.
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6 Responses to VIDEO Trump Biggest Tax Cut Ever – IRS Seized $17 Million from Americans’ Bank Accounts, Never Charged with a Crime!

  1. Brittius says:

    Reblogged this on Brittius.

    Like

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