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Forcing Cajuns To Go Cashless
Posted: Sun Apr 19, 2015 4:03 pm
by Col Hogan
Is this pure stupid...or crafty as a con-man...
With the passage of House Bill 195 into law, the State of Louisiana has banned the use of cash in all transactions involving secondhand goods. State representative Ricky Hardy, a co-author of the bill, claims that the bill targets criminals who traffic in stolen goods. According to Hardy, “It’s a mechanism to be used so the police department has something to go on and have a lead.” The bill prohibits cash transactions by “secondhand dealers,” defined to include garage sales, flea markets, resellers of specialty items, and even non-profit resellers like Goodwill. Curiously, it specifically exempts pawnbrokers from the ban. But of course, pawn shops–and not rented stalls at local church flea markets–are notorious as places that criminals frequent to convert stolen goods into quick cash. So what gives? Are the authors of the bill and those who voted for it ignoramuses–or are they deliberately obscuring the real purpose of the bill?
https://www.lewrockwell.com/2015/04/jos ... -cashless/" onclick="window.open(this.href);return false;
Re: Forcing Cajuns To Go Cashless
Posted: Sun Apr 19, 2015 4:12 pm
by 93henfan
Goes hand in hand with the internet transaction taxation initiatives.
I guess I'm only surprised that a southern state beat California, New York, and Illinois to the punch.
Re: Forcing Cajuns To Go Cashless
Posted: Sun Apr 19, 2015 6:44 pm
by Chizzang
93henfan wrote:Goes hand in hand with the internet transaction taxation initiatives.
I guess I'm only surprised that a southern state beat California, New York, and Illinois to the punch.
Exactly...
No surprise the politician is lying
It's about collecting taxes
Transaction taxation = Period = The End = discussion over
Re: Forcing Cajuns To Go Cashless
Posted: Sun Apr 19, 2015 11:48 pm
by CID1990
Yep- if its in cash it is a completely private transaction and we cannot have that.
Re: Forcing Cajuns To Go Cashless
Posted: Mon Apr 20, 2015 4:43 am
by kalm
Beyond dumb.
Re: Forcing Cajuns To Go Cashless
Posted: Mon Apr 20, 2015 5:13 am
by Baldy
Since this is on the sale of so-called "second hand goods", I doubt this is a ruse to increase tax revenue.
It sounds more like an intentionally created loophole the government has developed to acquire even more personal and business information through the use of 1099-Ks. One of the lesser known and more intrusive 1099's out there. The Feds don't like cash because it's more inconvenient or costly. They don't like cash (or bitcoin) because they can't track every purchase you make with it. Every time you use a credit or debit card, the government can track every single purchase you make through 1099-Ks. What, where, who, when, etc.
Re: Forcing Cajuns To Go Cashless
Posted: Mon Apr 20, 2015 7:16 am
by GannonFan
Are they going to be casing yard sales now to determine if every house has a credit card machine when selling off children's clothing that they don't need anymore? Super use of time and money.
Re: Forcing Cajuns To Go Cashless
Posted: Mon Apr 20, 2015 7:19 am
by 93henfan
GannonFan wrote:Are they going to be casing yard sales now to determine if every house has a credit card machine when selling off children's clothing that they don't need anymore? Super use of time and money.
Yeah, this is clearly not enforceable, for now anyway. Good bet they'll send some revenuers out to a few yard sales at first with some media tag-alongs to try to publicize though.
Re: Forcing Cajuns To Go Cashless
Posted: Mon Apr 20, 2015 7:42 am
by GannonFan
93henfan wrote:GannonFan wrote:Are they going to be casing yard sales now to determine if every house has a credit card machine when selling off children's clothing that they don't need anymore? Super use of time and money.
Yeah, this is clearly not enforceable, for now anyway. Good bet they'll send some revenuers out to a few yard sales at first with some media tag-alongs to try to publicize though.
I wonder how they're going to deal with allowances that kids get now. Heck, most allowances are under the table transactions, almost always in cash (although sometimes done with toys and video game), and universally go unreported. Think of all the transaction taxes (not to mention social security taxes) that are being skirted around with this type of underground money transfers. Time for these people to start paying the piper rather than just letting government take care of them.
Re: Forcing Cajuns To Go Cashless
Posted: Mon Apr 20, 2015 8:43 am
by YoUDeeMan
I have a feeling that Gravity Payments will be opening up a local office in Louisiana.
