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Supposedly to catch tax revenue the U.S is not capturing.
The amount has changed from 600 dollars/transaction to $10k. Ten thousand dollars per year FFS

Supposedly to catch tax revenue the U.S is not capturing. The amount has changed from 600 dollars/transaction to $10k. Ten thousand dollars *per year* FFS

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The article doesn't mention this, but Catherine Austin-Fitts has been blowing the horn on this for a while: this is at the behest of the central banks, not a particular political party.

She has a pretty good in depth review of the taxation scams as well as some ideas on what can be done.