“One would think that it is more costly to deal with non-cash methods of payment. In any case, the last time I checked, the Federal Reserve Notes in my wallet all still bore the notice, ‘This note is legal tender for all debts public and private’ This means that they cannot be refused by the creditor for repayment of a debt previously incurred–especially not for payment of taxes, which are the pre-eminent ‘public debt.’ While the IRS may not be strictly in violation of legal tender laws, because one can still use cash to pay at some IRS offices, its anti-cash policy is just another tactic in the Federal government’s relentless war to stamp out cash payments.”
http://bastiat.mises.org/2013/03/how-the-irs-violates-legal-tender-laws/
Related posts:
More Details Emerge on the Death of Michael Hastings
Petition to name San Francisco’s Bay Bridge after Emperor Norton gains support
Seattle police pay $20,000 for cover-up involving violence against protesters
Stock-Market Rally Watch, Part III
FBI Building National Watchlist That Gives Companies Real-Time Updates on Employees
Bernanke’s Bust: Median Household Income Is Lower Today Than in 2009
Mastercoin, Bitshares, ColoredCoins Form Self-Regulatory Organization
PayPal’s Braintree Embraces Bitcoin, One-Touch Payments
Power Brokers: Saudi Crown Prince clears a path to the throne
Fort Hood shooting suspect paid $278,000 by Pentagon while in jail
Why Are California's Legal Marijuana Sales So Low?
Glenn Greenwald: Three Democratic myths used to demean the Paul filibuster
BitPagos Uses Merchant Processing To Bring Bitcoin To Argentina
Sheldon Richman: How to Respond to the Paris Attacks
How to Build a Huge Bonus in Your Portfolio
