Secret Gold Coin Tax Slipped into Healthcare Law

[teapartysamurai]

Here come the TAXES!!!!!!!!

No tax hikes on those making less than 250K right????

I guess only the fabulously rich buy gold coins!

Democrats! What a bunch of liars!

Those already outraged by the president's health care legislation now have a new bone of contention -- a scarcely noticed tack-on provision to the law that puts gold coin buyers and sellers under closer government scrutiny.

Section 9006 of the Patient Protection and Affordable Care Act will amend the Internal Revenue Code to expand the scope of Form 1099. Currently, 1099 forms are used to track and report the miscellaneous income associated with services rendered by independent contractors or self-employed individuals.

Gold Coin Dealers Decry New Tax Law - ABC News

Gee! Just what this economy needs! Another tax to drag it down.

Hey Obama! This isn't discriminating against anyone like your tanning bed tax! Are you sure you are okay with this? Some minorities might buy gold coins too!

 

[Neal Asbury]

How many people could this really affect?

 

[Truthmatters]

Lots of people will be effected possitively, there are assholes ripping people off with gold scams.

 

[Truthmatters]

gold scams - Bing