Post
Topic
Board Economics
Re: [US] Taxes and gold coins
by
InterArmaEnimSil
on 21/07/2010, 21:27:43 UTC
I don't understand the hideous threat in this new requirement.  If a business purchases $600 or more in product from a supplier, it must fill out a form to verify that the supplier is reporting these sales (which they should be reporting anyway) to be taxed.

I'm very much in disapproval of the current American administration and its policies, and very much a free-market libertarian.  However, this does not impose any new tax or tax requirement - they're just double-checking to make sure that all goods *already* taxed are reported.  Said taxes might need to be eliminated, but at least this only imposes a reporting requirement, not a new tax.  Pain in the rear?  Yes.  Huge change of policy?  No.