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Srila Prabhupada[Posted Jul 22, 2010]

Taxed to Death



A.C. Bhaktivedanta Swami

Gold trades to be penalized by double taxation - first by income tax, then an additional tax on conversion to gold

bullion Economic Policy Journal Jul 16, 2010 - ROBERT WENZEL

The Serious Tracking of Americans Begins



They have passed the health bill, they have passed the financial regulations bill and they have snuck stuff into the stimulus package bills. They are going to track your money and your body. Here's the first few things they are doing. This is step one. It will only get worse from here.

According numismaster.com:
...the Health Care Bill mandates, according to Numismaster.com, Starting on January 1st in 2012, S federal law will require coin and bullion dealers to report to the Internal Revenue Service all gold and silver coin purchases and sales greater than $600.
No that is not an error, they tacked the gold coin tracking regulations into the health bill. They are just tacking stuff on wherever they can. go to story



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Need protection from government...
Authority to Tax A.C. Bhaktivedanta Swami

It is the king's duty to see that there is no increase of thieves and rogues either in the government secretariat or in the departments of public affairs. If a king cannot give protection to citizens from thieves and rogues both in the government service and in public affairs, he has no right to exact taxes from them. In other words, the king or the government that taxes can levy taxes from the citizens only if the king or government is able to give protection to the citizens from thieves and rogues. more

Government's duty to abolish false standard of money


excerpt from conversation, Johannesburg, October 16, 1975

PRABHUPADA: Money is not required. You require things. Just like instead of money, you are getting papers. Money means gold. Where is gold? You are cheated. Money means gold. So instead of possessing gold, you are possessing some paper, written there, "hundred dollars." And you are such a fool, you are satisfied. You are being cheated. Bank's check and currency notes, you keep it in your..., "Oh, here is my money." Is that money? Just see.

DEVOTEE: They only do that to make it easier for them, because they've got so much money that they can't carry it...

PRABHUPADA: That's all right, but actually it is not money. You are befooled. You are such a fool that you accept a piece of paper as money. Therefore I say you are rascal. That is my business. If I say "Government, give me gold," and government has passed law, "No, you cannot possess gold," that means cheating. How I shall keep gold, that is my business. First of all you give me gold. It is due to me. But you are giving me paper. That means cheating is begun from you.

HARIKESA: How will the government decide what my gold is and what his gold is? How does the gold get distributed?

PRABHUPADA: Gold coins. Formerly there was gold coins. We have seen in our childhood gold coins, silver coins. There was no paper.

HARIKESA: But you have to do something to get it.

PRABHUPADA: Yes. I will have to do something. That is another thing. But why you are cheating me? Instead of gold, you are giving me paper. Formerly... You have seen in KRSNA book that one fruit man came, and Krishna was taking some grain. It was falling down. So that was the... A fruit man come, and you give him a packet of grain. Then whatever exchange is possible, the fruit man gives you fruit. That's all.

PUSTA KRSNA: That is called bartering.

PRABHUPADA: Bartering. So there is no need of money. Similarly, you go to another shop. You get. So you produce your food, and in exchange, in barter, you get all things, other things. Somebody is producing something, somebody is producing something. But it can be done. Suppose I am a blacksmith. You want some work from me. So you say that "I'll make this instrument for me." So I say, "You give me one kg paddy." So you give me one kg, I prepare you, so your necessity is fulfilled. Now I have got so much paddy. Now, I may go to purchase something else because I am blacksmith, so grains will be used for my eating, and for, say for ghee, I take the same grain somewhere. So where is the money need of?

HARIKESA: It's very difficult to cheat in that system. It's very difficult to cheat.

PRABHUPADA: Cheat?

HARIKESA: In a system of bartering it's very hard to cheat.

PRABHUPADA: Yes. There is no cheating. Everyone is simply simple, honest. And here the government begins cheating. He is engaging you to hard work day and night and paying you a piece of paper, where it is written "one hundred dollars." That's all. This is your society, cheating and cheater. That's all.

HARIKESA: People have a hard time understanding that point, because with a hundred dollar note you can buy things.

PRABHUPADA: Therefore I say you are all rascals. You do not know. If I say, the government may arrest me that I am infusing people in a different way. But that is the fact.

HARIKESA: So a government's duty would be to abolish this false standard of money, and then automatically...

PRABHUPADA: Yes. Government's only duty is that government gives me land and I pay tax: whatever I produce, take one fourth. Finish. All taxes. If I don't produce, there is no tax. That's all. That is the business between the government and the public. That's all.



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