3 ms·
It sounds like inflation and legislature's stubborn refusal to index value thresholds to inflation or cost of living for whatever reason (innumeracy, a desire t
by Nasrudith 6y ago
It sounds like inflation and legislature's stubborn refusal to index value thresholds to inflation or cost of living for whatever reason (innumeracy, a desire to sneak in laws becoming stricter over time, wanting to set up future opportunities for horse-trading) is partially to blame. $25,000 isn't trivial but it is less than it used to be.
- valuearb 6y agoIt’s not inflation, the level never made sense when it started. Maybe $1M, but even the basis of this reporting makes little sense. Go deposit $9,000 in cash at your bank. Later in the same day deposit $1,000. You just committed a federal crime called structuring.
- heavenlyblue 6y agoThe idiocy of this crime is that technically it’s not that hard to make an SQL query to easily detect when someone deposits 10K over a single day so that shouldn’t be even an issue for law enforcement in the first place