How did Mr. Kahre account for the acquisition of the coins he paid to his employees on the company's books?

this man is brave, the IRS has the power to turn peoples
lives into hell.

a website everyone needs to check out is
www.losthorizons.com
this man is currently fighting the IRS, he has gotten
back money from previous years taxes .
if you take time to read his material, he shows the income
tax was never meant for everyone , only federal workers.

lots of people have received their taxes back, they post copies
of their refund checks from the IRS. this is proof, there is
a lot of proof on this website.
the irs claims theirs a glitch in the computer system, thats why
they keep refunding taxes, haha yeah right.

he has a book to buy, but theres a lot of stuff on his website to get a
full understanding, so you dont have to.

I wish more people were brave to do this. sadly most people dont
want to bother with the IRS.

i think everyone on this thread has missed the big one. if they want to tax this guy on the real value of a silver dollar,then why cant we claim the real value of a federal reserve note? ( about 4 cents) doesnt it work both ways? how do you prosecute both?
you wanna say that a silver dollar is woth more than a dollar ,then you have to admit that the federal reserve note dollar is not worth a dollar. this is because the dollar is specifically 27.07 grams of .903 pure silver.
this was the first sd minted by the us.
so,if they're going to get this guy for the value of silver,then we should be be able to claim 100,000 as 4000.


Spectors point is what needs to be pushed. This truly reveals the hypocrisy and shows the duplicity of the IRS's argument.

They cannot demonstrate a consistent position as long as it is based on deceit.

They left the door wide open when they allowed the word 'dollar' to be put on both the paper and the gold coin. It is indisputable that their own government mint wrote '50 Dollars' on the gold coin just as they wrote '50 Dollars' on a paper bill.

It is also indisputable that that the law states that BOTH coin AND paper are declared to be LEGAL TENDER.

The following is a quote off the IRS website concerning the legal tender laws of the US:

the Coinage Act of 1965, specifically Section 31 U.S.C. 5103, entitled "Legal tender," which states: "United States coins and currency (including Federal reserve notes and circulating notes of Federal reserve banks and national banks) are legal tender for all debts, public charges, taxes, and dues."

It is impossible to say that the double eagle gold coins are not a US coin therefore both paper and coin are considered legal tender.

There is no law that states that the face value of gold coins are to be based upon market value or that paper is to be received at face value.

This is just another very apparent demonstration of the IRS coming on as if they had the law behing them which they don't.

Originally posted by ghostland
well either way its a win win, if they say that the currency is worth the amount of its metal content than hell, im paying people in copper pennies and nickels when the nickel price rises once again. Cause right now pennies from 1982 and earlier are solid copper and are worth 2.6 cents in the silver value. haha. and theres A LOT still in circulation, and nickels are worth about 7 cents in metal value. The treasury is trying quickly to change the content of the coins to cheaper metals like...steel. Maybe there trying to do this before there is a decision being made about this case. cause maybe they will decide that only coins currently in production are considered coins in the general circulation. cause they will be shooting themselves in the foot here if they say that its the metal value of the coins that should have been counted because then people can just go to the bank and get thousands of dollars in pennies and well. cut their expenditures down to only 40%. hell id love to pay my next taxes in pennies and say im paying with the metal value content and save a ton of money....so there is a problem with this. this case is threatening a HUGE delema for the treasury and the IRS right now with the craziness in metal prices right now.

look at coinflaton.com

it has all the coins made by th government present and past and their current metal values.

You can do that as it is. Collect pennies and sell them for their metal value.