As Americans nap, amerika grows
As the Congress ‘debated’ this Patient Protection and Affordable Care Act, we were told by Madam Speaker Pelosi that we would learn of its wonderful contents AFTER it passes. We are learning. The word, wonderful, has been newpeaked. [see George Orwell's 1984]
ABCnews Money has reported:
Starting Jan. 1, 2012, Form 1099s will become a means of reporting to the Internal Revenue Service the purchases of all goods and services by small businesses and self-employed people that exceed $600 during a calendar year. Precious metals such as coins and bullion fall into this category and coin dealers have been among those most rankled by the change.
ABCnews Money
The United States of America has been able to brag of a large compliance by its citizens in filing and paying taxes. This Act will end such.
By the way, this Act will include the monitoring of gold trading thus this measure will aid the federal government to know where to pick up your golden, nest-eggs.
