Silver Coins, Gold Coins, and Bitcoin as a Way to Pay Less Taxes

Silver and Gold Coins as a way to pay less taxes

This article demonstrates a very cool and clever way to avoid taxes. Every one dislikes more taxes on themselves right? Does anyone agree or disagree that this could be done with US government issued gold coins with US dollar denominations on them? Could it be done with Bitcoin?

Ex. Car Title Tax in Georgia is 6.5 percent of the bill of sale. If you bought a used luxury car for $22,500 in paper then the taxes are $1430; but with the Car Title Tax on a bill of sale denominated in pre 1964 dimes, quarters, and half dollars for $1,000 the Tax is $65.

Warning it is a gray area.


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