[tmbchr]™

[Alt$] Local Currency & Tax Evasion



Amy Kirschner writes about the Liberty Dollar debacle:

Report your earnings on your taxes and pay your taxes - it’s the law. If you have issues with the IRS and taxes, there are other movements and organizations that address that. Don’t use local currency for that reason.

For all you burgeoning alternative, complementary, local currency buffs out there, is Amy correct? Why shouldn’t local currency be used as a platform for talking about taxation and the IRS? On one level, it seems to make a lot of sense as a thematic match: community currencies keep value within a community. Taxes - on the most elementary level of understanding - remove value from a community (which, ideally, is supposed to be invested back into the community, I suppose).

This point needs to be made clearer for people on all sides of this conversation, I think.







2 Reader Responses

  1. Julia Says:

    You’re correct but you’ve answered your own question. Taxes are meant to be TAKEN from the community and they’re taken by force or the threat of force/incarceration/ruination/confiscation. It’s protection money. Local currencies will be allowed to flourish as long as they don’t keep so much value within the community that they become competition. I think Amy is trying to create a firewall between participants in the local currency movement and activists in the local currency movement. Every issue needs activists but sometimes you have to fly under the radar.

  2. Julia Says:

    Oh yeah, you have to pay taxes in your dreams too.

    http://www.dresdencodak.com/cartoons/dc_029.htm



SURROUND YOURSELF WITH STRENGTH.