Obama Is Watching You–And Your Money
Jul 11th, 2010 by The Outsider
From Numismaster.com.
“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.”
We are moving closer and closer to Communism under Obama and the Democrats using Marxist tactics! The traditional Democrat party has been overthrown by the far left. Wake up America, before it is too late.
