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To: andyk

Of course exchanges can be conducted to mutual advantage. People are better at some things than others. Taxing the transaction “income” makes it not an indirect tax.

Feel free to barter. In that case there is no money income, and no income tax. Historically Coins never had the full weight of metal in them. The difference between the face value and precious metal weight was a tax, but not a direct one.


43 posted on 09/24/2012 5:53:21 PM PDT by donmeaker (Blunderbuss: A short weapon, ... now superceded in civilized countries by more advanced weaponry.)
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To: donmeaker

And here I thought I was exchanging my labor for dollars. Hard to believe that is income, or gain. I guess I’ll avoid the indirect income tax by quitting my job.


52 posted on 09/25/2012 4:34:02 PM PDT by andyk (I have sworn...eternal hostility against every form of tyranny over the mind of man.)
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