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Tax Evasion and UFOs
Sent in by Dan Jackson around 10/10/07.
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Evan: “Thought this story might be interesting to an economics major. I guess it’d be impossible to tell if it is true or not, and the story has been “censored’ by the media.”
Interesting concept Evan. The article identifies the owner of a small business who pays employee wages with circulating silver and gold U.S. coins. Since this form of payment has both “face value” (value of the currency) and “bullion value” (value of the metals) it questions the legal value of these coins that must be reported to the IRS.
After a bit of research it turns out rense.com (the source of this article) is run by Jeff Rense… a well known “Conspiracy Theorist”. “Rense’s radio program and website, Rense.com cover subjects such as UFO reporting” - Wikipedia.
Quite the creative article though…
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