The IRS apologizes for seizing the assets of people guilty of no crime.
While this is generally great news, I’m not sure, however, that the commissioner is that bright. Here he is, saying:
“On average over the last several years, it’s less than 200 cases,” Koskinen said. “In 60 percent of those cases, the owner of the asset never shows up, which shows that they obviously had a criminal activity going on.”
Uh, no. Just because you don’t show up doesn’t mean you are obviously a criminal. There are lots of reasons you might not show up, including that you have no money to show up. And why wouldn’t you have the money? Well, because the IRS seized it!