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To: blam
This is insane. Not only will they hit you on the back end tax (inflation) expect MASSIVE taxes on capital gains as well.

Aka ... "That silver you bought at $19 and now it's worth $250? .... 36% capital gains taxes (minimum)"

4 posted on 10/15/2010 7:34:54 PM PDT by Centurion2000 (WTH happened to my country?? I joined the Marines and defended the USA and it degenerates into this?)
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To: Centurion2000

>>”That silver you bought at $19 and now it’s worth $250? .... 36% capital gains taxes (minimum)” <<

Not a problem. You just spend it or sell it in small quantities to coin shops. I expect to pay no tax on my junk silver. If they ever try to tax it, I have a feeling we will have gone around the bend on this whole thing and that will be the least of my problems.


10 posted on 10/15/2010 7:59:44 PM PDT by RobRoy (The US Today: Revelation 18:4)
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