Posted on 02/26/2009 4:04:57 AM PST by TigerLikesRooster
Bartering makes a comeback for those short on cash
The Associated Press
Wednesday, February 25, 2009
BOISE, Idaho: Tired of her pink bathroom countertops but short on cash for a remodel, Rachel Alemany decided to get the work done the old-fashioned way: through bartering.
Alemany has experience putting down flooring, so she and her husband traded flooring work with a neighbor who has tiling experience.
(Excerpt) Read more at iht.com ...
Ping!
Rachel Alemany may not have wanted her name published. The tax authorities, federal, state and local will be after her to pay taxes on services received.
If you don't have cash, you don't have cash.
I'll be happy to lay a few tiles for the IRS, though.
Or just f****** tax-revolt on their lame a&&es.
Starve the beast.
I paid half price (under the table) for a furnace repair this winter in return for letting the furnace guy use some of my garden space.
I’m seeing more of this on craigslist in the past month or two.
Mostly all of the folks in his community are former construction and the rest were butchers, mechanics, etc. Everyone chips in to help and they don't have to show income. They all fish and hunt both small and large game. Everyone has enough property to grow a garden. A few have livestock and some make their own beverages if you get my drift.
The are not in a hurry to pay for the trillions of dollars spent by Congress. As far as they are concerned, the currency might as well be gold. They don't have much regard for the U.S. Treasury, especially since it it run by a tax cheat.
Way to go!!!
Tile and countertops and flooring! THIS thread is useless without pics!
Barter in Idaho is not new or news.
The IRS is unlikely to find out about neighbors quietly trading, if the neighbors are in agreement that they don’t want to spill the beans and pay a barter tax. After all, both parties in this arrangement are motivated to keep their mouths shut.
Unless, of course, one of them is stupid enough to talk to the International Herald Tribune. Let’s hope “Rachel Alemany” is a pseudonym.
They better file that form 1099B or whatever. If Obama’s inspectors see any sign of lifestyle improvement or modernity in housing they’ll know it is a crime.
Here are some tax cheats. But, they’re not rich. What should we do in this case?
The historical problem with bartering is the massive inefficiency of finding someone who happens to have what you want and want what you have. But the information revolution has at least mitigated (though certainly not eliminated) that Achilles heel.
This may be beginning of the era in which information truly starts replacing currency.
I just negotiated a reduction on my family room remodel by pure chance. I mentioned that I have 10yrs. as an EHS professional and they were looking for someone to do some lead/asbestos awareness training.
Cha-ching! Ditto that!
Makes a comeback? I’ve been bartering for years.
If Uncle Sham comes around to get a cut of the proceeds, he’s welcome to a few ears of corn or a mess of turkey-craw beans.
Since I don’t keep records though they might just have to settle for kissing my ass.
Yeah right! The IRS can tax my money but not my sweat...
Maybe in his ivory tower world his articles would be worth bartering, but if the economy goes totally south he needs something more than copies of liberal blathering.
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