Would you provide a list to the government of your coins, silver, gold?
tincup
Posts: 5,298 ✭✭✭✭✭
An example of how far a government can infringe on a person's life if they wish to. The 'Assets Declaration' form is 56 pages long.
While initially it is applicable to select groups, it is intended to expand to all taxpayers after the kinks are worked out. This is experimental in Greece... but rest assured if it is successful others may think it is a good idea also.
Show Me Your Money!
While initially it is applicable to select groups, it is intended to expand to all taxpayers after the kinks are worked out. This is experimental in Greece... but rest assured if it is successful others may think it is a good idea also.
Show Me Your Money!
----- kj
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Looking for Top Pop Mercury Dime Varieties & High Grade Mercury Dime Toners.
so they will have to go to Helen Waite
Worry is the interest you pay on a debt you may not owe.
"Paper money eventually returns to its intrinsic value---zero."----Voltaire
"Everything you say should be true, but not everything true should be said."----Voltaire
Like gun registration throughout history, registration is just a prelude to confiscation. One would have to be stupid to think otherwise. Why else would the government want to know what you own? Unfortunately, this country is heading in that direction.
This.
If I wouldn't provide such a list to my ex wife, why would I want to provide one for the government?
Like gun registration throughout history, registration is just a prelude to confiscation. One would have to be stupid to think otherwise. Why else would the government want to know what you own? Unfortunately, this country is heading in that direction.
I totally agree. I hear on the news today that our government now wants to forbid anyone to be able to purchase a firearm if they are on the no fly list. While on first thought... that sounds good and reasonable. But if you think a little further on it... if it passes, then all the government has to do is on their own to change the 'criteria' to place you on the no fly list. BINGO! Gun Control! Could include NRA members... conservatives.... ones who listen to talk radio... chose your own criteria..... who knows?
if i m ever legally required to do this, i'm spending $10k at the bank in face value chance and giving them hundreds of pages of loose change as inventory and it will be for sale but no one will buy at the prices i ask, 5x face.
just one idea. i cam come up with many more.
another idea, move to a more numis-friendly state.
state's dont like losing business, right.
.
Like gun registration throughout history, registration is just a prelude to confiscation. One would have to be stupid to think otherwise. Why else would the government want to know what you own? Unfortunately, this country is heading in that direction.
Any specific historical references other than "throughout"?
Like gun registration throughout history, registration is just a prelude to confiscation. One would have to be stupid to think otherwise. Why else would the government want to know what you own? Unfortunately, this country is heading in that direction.
When did the gov't come and confiscate our cars? Our boats? Our motorcycles?
I'm a registered Professional Engineer. Am I headed for an internment camp?
Like gun registration throughout history, registration is just a prelude to confiscation. One would have to be stupid to think otherwise. Why else would the government want to know what you own? Unfortunately, this country is heading in that direction.
Any specific historical references other than "throughout"?
The first thing I found with a quick search was this:
LINK
Doggedly collecting coins of the Central American Republic.
Visit the Society of US Pattern Collectors at USPatterns.com.
Carry on.
Like gun registration throughout history, registration is just a prelude to confiscation. One would have to be stupid to think otherwise. Why else would the government want to know what you own? Unfortunately, this country is heading in that direction.
When did the gov't come and confiscate our cars? Our boats? Our motorcycles?
I'm a registered Professional Engineer. Am I headed for an internment camp?
But... but... but... that doesn't fit the narrative.
Regarding the OP, If it was required, sure I'd give over a list.
Like gun registration throughout history, registration is just a prelude to confiscation. One would have to be stupid to think otherwise. Why else would the government want to know what you own? Unfortunately, this country is heading in that direction.
Does the word redistribution come in here? Many people including myself are well off enough to not need help with Obamacare, but are not generating income like in the past and qualify for a government subsidy. Mark my words if this country continues on the path it is on, You will have to meet the requirements to receive government help for nursing homes,etc. Alias you can not have any assets before you can receive government subsidies.
My Health Insurance has quadroubled on a plan that is much worse than I had when Obamacare started.
Like gun registration throughout history, registration is just a prelude to confiscation. One would have to be stupid to think otherwise. Why else would the government want to know what you own? Unfortunately, this country is heading in that direction.
Does the word redistribution come in here? Many people including myself are well off enough to not need help with Obamacare, but are not generating income like in the past and qualify for a government subsidy. Mark my words if this country continues on the path it is on, You will have to meet the requirements to receive government help for nursing homes,etc. Alias you can not have any assets before you can receive government subsidies.
My Health Insurance has quadroubled on a plan that is much worse than I had when Obamacare started.
Good point. You need to find out who has the wealth and how much before you can redistribute it.
Worry is the interest you pay on a debt you may not owe.
"Paper money eventually returns to its intrinsic value---zero."----Voltaire
"Everything you say should be true, but not everything true should be said."----Voltaire
Like gun registration throughout history, registration is just a prelude to confiscation. One would have to be stupid to think otherwise. Why else would the government want to know what you own? Unfortunately, this country is heading in that direction.
Any specific historical references other than "throughout"?
The first thing I found with a quick search was this:
LINK
Lol. I'm all for owning guns, and I too enjoy my privacy, but that link is just about the saddest example of Internet research I've ever seen.
Let's see, if I link an ultra-liberal blog about how all conservatives are racist white supremacists, am I to believe that as well?
I'm a registered Professional Engineer. Am I headed for an internment camp?
Yes - registered Professional Engineers are a precious national resource and must be protected.
If we put them all in a few places, we can provide for all their needs and they can be available to address the Nation's engineering problems.
It's for the good of everyone that we do this!
Check out the Southern Gold Society
I'm a registered Professional Engineer. Am I headed for an internment camp?
Yes - registered Professional Engineers are a precious national resource and must be protected.
If we put them all in a few places, we can provide for all their needs and they can be available to address the Nation's engineering problems.
It's for the good of everyone that we do this!
Pay us as much as computer 'engineers' make, and you would have more than a few taking you up on your offer.
I'm a registered Professional Engineer. Am I headed for an internment camp?
Yes - registered Professional Engineers are a precious national resource and must be protected.
If we put them all in a few places, we can provide for all their needs and they can be available to address the Nation's engineering problems.
It's for the good of everyone that we do this!
Pay us as much as computer 'engineers' make, and you would have more than a few taking you up on your offer.
Yup, most software "engineers" do nothing more than technician work. And that's coming from someone who is in said field
Worry is the interest you pay on a debt you may not owe.
"Paper money eventually returns to its intrinsic value---zero."----Voltaire
"Everything you say should be true, but not everything true should be said."----Voltaire
The Greeks elected an incompetent socialist government. Wait, that description is a redundancy. That government could confiscate every private asset, and it would still be bankrupt. It is clueless and brainless.
Sounds familiar.
Worry is the interest you pay on a debt you may not owe.
"Paper money eventually returns to its intrinsic value---zero."----Voltaire
"Everything you say should be true, but not everything true should be said."----Voltaire
“In matters of style, swim with the current; in matters of principle, stand like a rock." - Thomas Jefferson
My digital cameo album 1950-64 Cameos - take a look!
A couple of quotes come to mind...
The problem w Socialism is that u eventually run out of other people's money.
Also: Any govt big enough to give u everything u need is big enough to take everything you have.
(Paraphrasing from memory.)
People never learn.
But there is already a requirement to report to the government gold, silver and rare coins that have been SOLD for income tax purposes.
K
If they ask in a really nice way, I wouldn't see any problem in it.
lol.... I'm sure it will be voluntary just like paying our income taxes is!
Like gun registration throughout history, registration is just a prelude to confiscation. One would have to be stupid to think otherwise. Why else would the government want to know what you own? Unfortunately, this country is heading in that direction.
Any specific historical references other than "throughout"?
Some examples can b found in this link. This was found via a quick search on my phone. Each example can b easily researched further. As can b seen, examples are not hard to find. Of note, the Aussie example was not 100% uncompensated confiscation. Turning the guns in was mandatory however substantially below market payments were made for the guns.
There are a few politicians here in the U.S. who in recent years have floated the idea of extending the U.S. tax code to tax people annually based on assets (brokerage accounts, bank accounts) that could certainly be expanded to coin collection value. This would be similar to property tax, but on a federal level with a much wider breadth of tax umbrella. Scary to think about it as it would represent double taxation (you were already taxed on your income that you bought the coins with) and would mean that you wouldn't ever truly own your coins as you'd have to pay taxes each year for the right to continue to possess your coins.
Only "double taxation"? What about the taxes your employer has to pay on your salary? Whose pocket do you think that comes out of? What about the sales and consumption taxes on the earnings that you spend? Or the inheritance taxes on what you don't spend? Double taxation? Sounds great to me!
Doggedly collecting coins of the Central American Republic.
Visit the Society of US Pattern Collectors at USPatterns.com.
Like gun registration throughout history, registration is just a prelude to confiscation. One would have to be stupid to think otherwise. Why else would the government want to know what you own? Unfortunately, this country is heading in that direction.
When did the gov't come and confiscate our cars? Our boats? Our motorcycles?
I'm a registered Professional Engineer. Am I headed for an internment camp?
Obviously, the difference is that people generally only fear registration of things for which that registration list could reasonably be assumed to used for later confiscation. Firearms are just such an example. As to the OPs question and to the views expressed in many of the replies, I'm sure that most if not all of those who said that they would never register/declare their gold, coins, etc think nothing of registering their vehicles, etc. The obvious reason is that registration of the former could very reasonably be considered as a prelude to eventual confiscation. Not so much with the vehicles.
Like gun registration throughout history, registration is just a prelude to confiscation. One would have to be stupid to think otherwise. Why else would the government want to know what you own? Unfortunately, this country is heading in that direction.
When did the gov't come and confiscate our cars? Our boats? Our motorcycles?
I'm a registered Professional Engineer. Am I headed for an internment camp?
True, they don't confiscate those things, but they do tax and regulate. The point remains that the government doesn't really track personal belongings just out of curiosity.
Yup, most software "engineers" do nothing more than technician work. And that's coming from someone who is in said field
As someone who also works in the field, I disagree. Yeah, there is certainly some percentile that can't cut it and work as glorified technicians, but if someone is seeing "most" fit that profile then they are looking at pretty low end companies.
I would not have a problem listing every coin or gold piece valued over $35,000.
Me too. Heck, I'll go $10K.
There's a Precious Metal forum I visit every once in a while when PM's go bizzaro, and am trying to find out why. The government registration and tracking question comes up with regularity, and it kinda, sorta amazes me how many of those guys
Own a boat
Keep their PM's on a boat
And how many of those boats have sunk.
I don't own a boat, but I might have to if the Feds want to know my assets...
Yup, most software "engineers" do nothing more than technician work. And that's coming from someone who is in said field
LOL. When I started, I was a computer programmer. Then I became a programmer/analyst so they wouldn't have to pay me overtime.
At some point, I looked myself up in the company directory, and had the title of "Software Engineer", and remained one for around 10-15 years.
I still don't know what the hell a software engineer is, but I was one!
Yup, most software "engineers" do nothing more than technician work. And that's coming from someone who is in said field
As someone who also works in the field, I disagree. Yeah, there is certainly some percentile that can't cut it and work as glorified technicians, but if someone is seeing "most" fit that profile then they are looking at pretty low end companies.
I guess I'm speaking from the perspective of the newer breed of software engineers. Many self-proclaimed software engineering students in university these days are simply interested in front end design - important, yes, but hardly engineering in my opinion.
'dude
There are a few politicians here in the U.S. who in recent years have floated the idea of extending the U.S. tax code to tax people annually based on assets (brokerage accounts, bank accounts) that could certainly be expanded to coin collection value. This would be similar to property tax, but on a federal level with a much wider breadth of tax umbrella. Scary to think about it as it would represent double taxation (you were already taxed on your income that you bought the coins with) and would mean that you wouldn't ever truly own your coins as you'd have to pay taxes each year for the right to continue to possess your coins.
Only "double taxation"? What about the taxes your employer has to pay on your salary? Whose pocket do you think that comes out of? What about the sales and consumption taxes on the earnings that you spend? Or the inheritance taxes on what you don't spend? Double taxation? Sounds great to me!
Yes, our money gets taxed countless times. Even when we die, it's taxed before our heirs can touch it.
I would not have a problem listing every coin or gold piece valued over $35,000.
I would, even if the number is "zero."
Part of the foundational basis of this country was the People telling the GOVERNMENT what powers they had.
It seems some in the government have gotten it backwards, and THE GOVERNMENT tell US what powers they have now.
ERROR
then they would get a list
wbbjts