There are many rules to follow when buying, selling, and transporting precious metals in and out of the US to protect one's privacy and prevent police harassment and/or outright confiscation. Continue reading →
"The GOP's dreams have collided with interest-group lobbying and the tax system's reality. Politicians all profess to hate the tax code, but they don't agree on exactly what they hate. Voters gripe about complexity but are wary of losing cherished breaks that are woven into the economy." Continue reading →
"Greg Gianforte has won a special election for Montana’s sole seat in the House of Representatives, just one day after he was charged with misdemeanor assault for 'body-slamming' a Guardian reporter. Speaking at the G7 meeting in Sicily on Friday, Donald Trump called the victory a 'great win in Montana'." Continue reading →
"The Republicans' concerns echo those of Coinbase and its customers, who argue the IRS does not need every single Coinbase account to carry out its audit, and that the investigation sweeps in people who have clearly done nothing wrong. The IRS investigation also comes at a time when the price of bitcoin has been on an incredible tear, climbing from $13 in 2013 to a new high of over $2,000 last week. Some Coinbase customers, however, have not sold any bitcoin at all while many others hold only a minimal amount, raising questions of why the IRS demanded information about every account." Continue reading →
"We’re not dealing with a government that exists to serve its people, protect their liberties and ensure their happiness. Rather, these are the diabolical machinations of a make-works program carried out on an epic scale whose only purpose is to keep the powers-that-be permanently (and profitably) employed." Continue reading →
"The Supreme Court’s decision means that the coins will remain the property of the federal government and will not be returned to the Langbord family, which reportedly discovered the 10 coins in a family safe deposit box in 2003. The family — Joan Langbord and her sons, Roy and David — turned them over to the United States Mint in 2004 for authentication. Mint officials informed the family in 2005 that it was keeping the coins. A legal battle over ownership ensued, with both parties to the suit at different points being awarded the coins." Continue reading →
"Here’s a short story about how I became a real American: Someone whose debt is gonna take a few years to pay off. 28 months by current count." Continue reading →
"The San Diego District Attorney (DA) seized all of the family’s money from their bank accounts on February 2, 2016, following a raid on James Slatic’s legal medical marijuana business. Although no one has been charged with any crime, the DA used civil forfeiture laws to seize more than $55,000 from James’ personal bank account, more than $34,000 from his wife, Annette, and more than $5,600 each from their teenage daughters Lily and Penny, who had saved the money for college. Judge Ipema’s order requires the DA to return all $100,693.85 to the Slatics." Continue reading →
"Duterte is doing nothing more than copying the processes and methods of the U.S. government in its war on drugs and its war on terrorism, both of which most members of the mainstream media have long supported." Continue reading →
"In its latest John Doe summons, the U.S. Internal Revenue Service (IRS) is requiring American Express to send account information of Dutch residents with credit or debit cards linked to bank accounts outside the Netherlands to U.S. tax authorities. The IRS had requested the information in cooperation with the Dutch government as part of an investigation to determine whether Dutch citizens living outside the Netherlands are complying with tax laws." Continue reading →