Have you ever invested in gold?
FOX Business
2010/09/29 14:28:58
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But had I seen the disaster that Democrats had in store for America when they took control of the Congress in 2007, I could have doubled my money buying gold instead of losing half of it in the Democrat-destroyed equity markets.
Those liars don't want us to notice that the Stock Market just had one of its best Septembers EVER, and it is due 100% to the many predictions of Democrat defeat at the polls on November 2.
If the Democrat slime machine starts to be successful with its vicious personal attacks upon Republican and Tea Party candidates, watch as the markets crash to new depths.
XD
"Starting Jan. 1, 2012, Form 1099s will become a means of reporting to the Internal Revenue Service the purchases of all goods and services by small businesses and self-employed people that exceed $600 during a calendar year. Precious metals such as coins and bullion fall into this category and coin dealers have been among those most rankled by the change."
http://abcnews.go.com/Busines...
http://blogs.marketwatch.com/...
"Help may be on the way. If this does not get fixed, it really could be a mess, not just for coin dealers, but for any small business. ABC continues:
…Rep. Daniel Lungren, R-Calif., has introduced legislation to repeal the section of the health care bill that would trigger the new tax reporting requirement because he says it’s a burden on small businesses.
Even the IRS thinks this could be a mess:
The office of the National Taxpayer Advocate, a citizen’s ombudsman within the IRS, issued a report June 30 that said the new rule “may present significant administrative challenges to taxpayers and the IRS.”
I don't think anyone expected this. It's one more way for the government to get t...
"Starting Jan. 1, 2012, Form 1099s will become a means of reporting to the Internal Revenue Service the purchases of all goods and services by small businesses and self-employed people that exceed $600 during a calendar year. Precious metals such as coins and bullion fall into this category and coin dealers have been among those most rankled by the change."
http://abcnews.go.com/Busines...
http://blogs.marketwatch.com/...
"Help may be on the way. If this does not get fixed, it really could be a mess, not just for coin dealers, but for any small business. ABC continues:
…Rep. Daniel Lungren, R-Calif., has introduced legislation to repeal the section of the health care bill that would trigger the new tax reporting requirement because he says it’s a burden on small businesses.
Even the IRS thinks this could be a mess:
The office of the National Taxpayer Advocate, a citizen’s ombudsman within the IRS, issued a report June 30 that said the new rule “may present significant administrative challenges to taxpayers and the IRS.”
I don't think anyone expected this. It's one more way for the government to get their fingers in the system that would "cool" inflationary pressure. Inflation is the only way this law and many more the Left have forced through Congress has a chance of being paid for.
Many people have touted this as a wonderful thing since the government has mandated it. They have forgotten however this will need to be paid out of the taxpayer pockets. Democrats have had the ear of the population for a long time and have plied them with half truths. They kept beating the drum of "lower cost" which is a complete lie. Did anyone really think their insurance premiums wouldn't go up? Did anyone think their lives would be better?