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  • March 2011
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links for 2011-03-19

  • Quote:"Phone calls are rude. Intrusive. Awkward. “Thank you for noticing something that millions of people have failed to notice since the invention of the telephone until just now,” Judith Martin, a k a Miss Manners, said by way of opening our phone conversation. “I’ve been hammering away at this for decades. The telephone has a very rude propensity to interrupt people.”

    // Yes, I hate to disturb people from their busy day of playing videogames or internet surfing.

  • Quote:"many returns are selected at random, according to a formula. As long as you have not cheated on your return, then you don't have to worry about what they find. If there is an error, the IRS will notify you in writing of the discrepancy and tell you how much more you owe. Of course, this process can work both ways; it is possible that the IRS could state that you owe less than you reported as well. Just make sure that you have all of the documentation that you need to prove your deductions, such as copies of receipts and bills. As long as you can supply what the IRS requests, your audit should be a relatively quick and painless process.

    // Yeah. Right. Painless. If you own a business, itemized your deductions or sell large chunks of propery like real estate, the IRS has a target on you. So don't do those things.

  • // This has huge implications for other online companies too, ABEbooks, eBay, Craigslist. Sales taxes are expected from sales from all purchases, so who collects? Amazon allows other retailers to use its site, so why not force craiglslist to collect taxes?
  • // Interesting look at our current currency.
  • Quote:"Bernard von NotHaus, 67, was convicted today by a federal jury of making, possessing, and selling his own coins, announced Anne M. Tompkins, U.S. Attorney for the Western District of North Carolina. Following an eight-day trial and less than two hours of deliberation, von NotHaus, the founder and monetary architect of a currency known as the Liberty Dollar, was found guilty by a jury in Statesville, North Carolina, of making coins resembling and similar to United States coins; of issuing, passing, selling, and possessing Liberty Dollar coins; of issuing and passing Liberty Dollar coins intended for use as current money; and of conspiracy against the United States.

    // This is bewildering.

  • Quote:"“Attempts to undermine the legitimate currency of this country are simply a unique form of domestic terrorism,” U.S. Attorney Anne Tompkins said. “While these forms of anti-government activities do not involve violence, they are every bit as insidious and represent a clear and present danger to the economic stability of this country.”

    // It has been my understanding that private forms of currency were legal in the US, as long as it didn't resemble federal dollars/coinage. This conviction is a little uncomfortable. Do one ounce bars count as "terrorism" now?

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