It has always been one of the more insidious traits of the tax system in this country that we are all assumed to be guilty of being tax cheats and we have to be able to prove otherwise. Asset Forfeiture laws, under the guise of the insane War On Drugs, are even more draconian in their nature. Put those two together and we have a growing abuse of authority and disregard for all of our constitutional rights.
Law Lets I.R.S. Seize Accounts on Suspicion, No Crime Required – From the NY Times
Internal Robbing-You Service – From Snopes.com
Update: David Selig a “Federal Tax Practitioner” with dubious allegiances, defends the IRS because he believes that most people dealing in large cash deposits “are crooks.”
Law Allows IRS To Seize Your Bank Assets On Suspicion Alone – Q & A With Tax Expert Explains Why