Law Bans Cash for Second Hand Transactions

[daveman]

Hey Dave, where's THAT in the story? This isn't about going into a store and not being able to pay in cash. Why are you pretending it is?

Pretending? I linked an article. The article may have gotten it wrong.

Oh, if ONLY I were an infallible liberal!

No, if only you could admit that you swallow whole what you want to believe.

Coming from you, that's particularly amusing.

 

[daveman]

Yeah, it sounds like the guy in the OP is upset that he won't be able to run two sets of books and pocket the cash.

I don't feel sorry for him.

It sounds to normal people like he's against burdensome government restrictions on business.

Yeah, its so burdensome to keep track of your income and expenditures.

As a whole, no. For each individual transaction, yes.

 

[Ravi]

It sounds to normal people like he's against burdensome government restrictions on business.

Yeah, its so burdensome to keep track of your income and expenditures.

As a whole, no. For each individual transaction, yes.

Businesses already have to do that.

Buying goods in cash means you are working under the table.

Obviously the state of LA wants to force businesses to be honest.

 

[paulitician]

Boy the Socialists/Progressives sure are on one hell of a banning spree. Why do so many Americans support all this banning stuff? We're becoming a nation of obedient Goose Steppers. It's so sad.

 

[konradv]

If I am in the French Quarter, and have a couple hurricanes in me, and a second hand prostitute catches my attention....do I have to pay with a credit card?

NO, but a class in reading comprehension wouldn't hurt. Are you doing a wholesale business in used protitutes?!?!

 

[Katzndogz]

If I am in the French Quarter, and have a couple hurricanes in me, and a second hand prostitute catches my attention....do I have to pay with a credit card?

You need an education. Specifically what the term "goods" applies to.

 

[American Horse]

Law Bans Cash for Second Hand Transactions

Cold hard cash. It's good everywhere you go, right? You can use it to pay for anything.

But that's not the case here in Louisiana now. It's a law that was passed during this year's busy legislative session.

House bill 195 basically says those who buy and sell second hand goods cannot use cash to make those transactions, and it flew so far under the radar most businesses don't even know about it.

"We're gonna lose a lot of business," says Danny Guidry, who owns the Pioneer Trading Post in Lafayette. He deals in buying and selling unique second hand items.

"We don't want this cash transaction to be taken away from us. It's an everyday transaction," Guidry explains.

Guidry says, "I think everyone in this business once they find out about it. They're will definitely be a lot of uproar."

The law states those who buy or sell second hand goods are prohibited from using cash. State representative Rickey Hardy co-authored the bill.​

In yet another instance of "Ready, Fire, Aim!", a Democrat writes a law that has negative impact far beyond any good it might have done.

Good job, asshat.

It sounds like it was intended to apply to small businesses operating as actual businesses for income rather than for transactions between individuals or say the likes of garage sales, yard sales, with flea markets being questionable. In that case it is a poorly wriitten bill amendment to a larger bill that became law, and the intention is to stop public "retail" sales that no taxes are being paid on.

 

[Intense]

Law Bans Cash for Second Hand Transactions

Cold hard cash. It's good everywhere you go, right? You can use it to pay for anything.

But that's not the case here in Louisiana now. It's a law that was passed during this year's busy legislative session.

House bill 195 basically says those who buy and sell second hand goods cannot use cash to make those transactions, and it flew so far under the radar most businesses don't even know about it.

"We're gonna lose a lot of business," says Danny Guidry, who owns the Pioneer Trading Post in Lafayette. He deals in buying and selling unique second hand items.

"We don't want this cash transaction to be taken away from us. It's an everyday transaction," Guidry explains.

Guidry says, "I think everyone in this business once they find out about it. They're will definitely be a lot of uproar."

The law states those who buy or sell second hand goods are prohibited from using cash. State representative Rickey Hardy co-authored the bill.​

In yet another instance of "Ready, Fire, Aim!", a Democrat writes a law that has negative impact far beyond any good it might have done.

Good job, asshat.

They are just creating a Black Market. The Sun Will still Rise Tomorrow at It's appointed time. Fear not.

 

[Intense]

If I am in the French Quarter, and have a couple hurricanes in me, and a second hand prostitute catches my attention....do I have to pay with a credit card?

You need an education. Specifically what the term "goods" applies to.

How about Prepaid Gift Cards.

 

[eflatminor]

Outlawing cash...a law only a progressive could love.

Tell me this won't pass Constitutional muster.

Really? How many "progressives in the LA legislature? You people are as dumb as a bag of doorknobs.

What would you call outlawing cash? A Libertarian idea?! There are TONS of big government, central planning, nanny state, meddling assholes (aka Democrats) in Louisiana. In other words, Progressives.

Looks like you've insulted doorknobs...

 

[Katzndogz]

Had second hand merchants and scrap dealers not been scofflaws in the first place, a law like this wouldn't be necessary.

 

[JWBooth]

Had second hand merchants and scrap dealers not been scofflaws in the first place, a law like this wouldn't be necessary.

You speak of scofflaws as if that's a bad thing.
Who's the lower form of life, the tax man, or the tax cheat?

 

[eflatminor]

Had second hand merchants and scrap dealers not been scofflaws in the first place, a law like this wouldn't be necessary.

You speak of scofflaws as if that's a bad thing.
Who's the lower form of life, the tax man, or the tax cheat?

The one that forces, with the threat of violence and/or incarceration, some men to labor on behalf of other men...you know, what we used to call slavery.

 

[Conservative]

I seem to have discovered the probelm...

section 1864.3 in the 'current' bill text
LA HB 195 - Louisiana Legislature - 2011 - Legislation - MyGov365

1864.3. Cash Transactions Reported
All payments of cash in excess of twenty-five dollars given in exchange for junk or used or secondhand property shall be reported separately in the daily reports required by R.S. 37:1866.

vs

1864.3 in the 'old' text
http://www.legis.state.la.us/billdata/streamdocument.asp?did=760886

1864.3. Payment by check or money order required
A secondhand dealer shall not enter into any cash transactions in payment for
the purchase of junk or used or secondhand property. Payment shall be made in the
form of check, electronic transfers, or money order issued to the seller of the junk or
used or secondhand property and made payable to the name and address of the seller.

 

[daveman]

Yeah, its so burdensome to keep track of your income and expenditures.

As a whole, no. For each individual transaction, yes.

Businesses already have to do that.

Buying goods in cash means you are working under the table.

Obviously the state of LA wants to force businesses to be honest.

So much for "innocent until proven guilty". Scratch a leftist, find a fascist.

 

[Ravi]

As a whole, no. For each individual transaction, yes.

Businesses already have to do that.

Buying goods in cash means you are working under the table.

Obviously the state of LA wants to force businesses to be honest.

So much for "innocent until proven guilty". Scratch a leftist, find a fascist.

Talk to Booby Jindal, dude, apparently he's a fascist.

Sucks to be you.

 

[daveman]

Businesses already have to do that.

Buying goods in cash means you are working under the table.

Obviously the state of LA wants to force businesses to be honest.

So much for "innocent until proven guilty". Scratch a leftist, find a fascist.

Talk to Booby Jindal, dude, apparently he's a fascist.

He signed a stupid law. You support that stupid law.

Sucks to be you.

Hardly. You see, I can disagree with politicians on my side. You? Not so much.

 

[percysunshine]

Had second hand merchants and scrap dealers not been scofflaws in the first place, a law like this wouldn't be necessary.

You speak of scofflaws as if that's a bad thing.
Who's the lower form of life, the tax man, or the tax cheat?

If we roll them both up into one person, and call him Timothy Geithner, the dilema goes away.