Barter vs money. IR oooops

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karmasahn

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Feb 17, 2021
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karmasahn

Active Member
Feb 17, 2021
151
147
43
Virginia
Definitions of barter and money, plus a note from the IRS, which taxes both parties involved in the barter (some racket they got going.)

Imagine the IRS breaking into the cafeteria of an elementary school and arresting the kids trading their sandwiches for Twinkies.
That's the level of arrogance the government's acted on for over 100 years.
Most of us were born into that misunderstanding, and so were our parents and grandparents.
 

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