IRS Suffers Staggering Defeat in Las Vegas

[zengrifter]

IRS Suffers Staggering Defeat - MSM Buries Story

161 Federal Tax Charges, 0 Convictions
Total National Media Blackout

RENSE / 10 -4 -7

IRS Suffers Staggering Defeat

Tax Questions Raised Regarding Gold and Silver Coins Used to Pay Wages

Around noon on Monday, September 17th, a Las Vegas federal jury returned its verdict refusing to convict nine defendants of any of the 161 federal tax crimes they had been charged with. The charges included income tax evasion, willful failure to file and conspiracy to evade taxes.

The four-month trial centered around the family businesses of Robert Kahre who paid numerous workers for their labor with circulating gold and silver U.S. coins, and did not report the wages. The payments took place over several years, allegedly totaling at least $114 million dollars.

On September 20, 2007, three days after the federal trial's dramatic conclusion, the Las Vegas Review Journal, reportedly under a degree of public pressure, ran its first (and last) story about the outcome of the trial. To this day, with exception of the single article by the Review Journal, no major media entity has published a news story regarding the outcome of this important federal criminal tax case.

...more - http://rense.com/general78/defeat.htm

[ihate17]

I am an employer, I pay my employee with a $20 gold piece, so taxes are based on $20 which is the face value on the coin. This I understand and is what the case was about.
Now the employee takes that coin and sells it for paper money to pay his expenses and gets $800 for it. I would still think he is subject to taxes on a $780 profit.

ihate17

[moo321]

Originally Posted by ihate17

I am an employer, I pay my employee with a $20 gold piece, so taxes are based on $20 which is the face value on the coin. This I understand and is what the case was about.
Now the employee takes that coin and sells it for paper money to pay his expenses and gets $800 for it. I would still think he is subject to taxes on a $780 profit.

ihate17

Yes, but the business doesn't have to pay payroll taxes on it, and no one has to pay social security and medicare taxes (which are often more than personal income taxes).

[zengrifter]

Originally Posted by ihate17

I am an employer, I pay my employee with a $20 gold piece, so taxes are based on $20 which is the face value on the coin. This I understand and is what the case was about.
Now the employee takes that coin and sells it for paper money to pay his expenses and gets $800 for it. I would still think he is subject to taxes on a $780 profit.

Disagree. zg

See also -

Ron Paul calls tax protesters "HEROIC"
Federal Withholding is on the Ropes: Its Voluntary!
Federal Income Tax - Mandatory? Voluntary? Is it even legal?
Brave Fight Against IRS
Tax Victory 1-year ago
IRS Fraud Breakthrough!
Aaron Russo's "Freedom to Fascism" -FULL VIDEO!!