What has happened is that effective Jan. 1, 2012, the whole system of giving and receiving Internal Revenue Service 1099 forms will be turned on its head and all persons (including corporations) who are in business will now have to give 1099 tax reporting forms for coins and other goods that they sell as well as buy.
The responsibility for issuing forms kicks in at $600 for coins or bullion – not a very high level and one that has already started sounding alarm bells. It doesn’t matter in what form payment is made, whether cash, check, credit card, or Yap stone money, the $600 threshold applies.
Second, does anyone still have doubts that Obama & Co. think the money you make belongs to the government, and they just let you keep a bit of it? A bit they plan to shrink more and more?
Daughter made a trip to DC a while back, she says there's LOTS of lampposts available. Which will save building a structure
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