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"Kevin Alfred Strom" wrote in message ... • Louisiana has introduced a bill banning the use of cash as payment for second hand goods — in a desperate move to spy on and tax private exchanges like yard sales and flea markets. (37 minutes) • Louisiana’s anti-cash bill will send you to jail for five years if you sell three used books or baby toys — or anything — at your yard sale without obeying the government’s draconian commands. Detailed reporting requirements kick in if you sell more than one item per month. Strangely, though, pawn shops are totally exempt from the anti-cash law. (1 hour 9 minutes) -------------------------------------------------------------------------------- -------------------------------------------------------------------------------- 1) As I stated previously, I doubt seriously that the law can stand since cash is legal tender (per the federal government, and states cannot trump this) for all debts public and private. 2) Pawn shops would be instantly out of business if they couldn't transact in cash. Also, there are already stringent requirements for pawn shops to keep meticulous records of all purchases and sales, and to have those records open to law enforcement. |
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