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To: thefrankbaum
They can argue it is worth the higher of the two.

Yes they could; but, how do you get around this

From the Article Further, the $50 gold coins and the silver dollars Kahre used for payroll are designated by Congress as legal tender, so people are entitled to value them at their stamped denominations, he also contends. Taken at face value, each defendant's annual coin income placed him below the threshold for filing a federal tax return.

13 posted on 05/29/2009 9:18:11 AM PDT by An Old Man (Use it up, Wear it out, Make it do, or Do without.)
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To: An Old Man

Yeah, that is their big stumbling block. It’ll be interesting to see how it shakes out.


21 posted on 05/29/2009 9:27:18 AM PDT by thefrankbaum (Ad maiorem Dei gloriam)
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