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View Diary: Cliven Bundy's 'ancestral rights' are every bit as authentic as the gondolas at The Venetian (182 comments)

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  •  Unless he lives 100% on cash and barter (3+ / 0-)
    Recommended by:
    a2nite, Vetwife, nellgwen

    there is a way.

    "The extinction of the human race will come from its inability to EMOTIONALLY comprehend the exponential function." -- Edward Teller

    by lgmcp on Tue Apr 22, 2014 at 09:49:48 AM PDT

    [ Parent ]

    •  April 15 wasn't THAT long ago... (4+ / 0-)
      Recommended by:
      lgmcp, JVolvo, nellgwen, cosette

      ...so I'm quite sure bartering is still considered income.

      Yep. From IRS Publication 17, page 91 (labeled as page 88):

      Bartering is an exchange of property or services. You must include in your income, at the time received, the fair market value of property or services you receive in bartering....(emphasis added)
      Of course, enforcement is an issue and having the IRS come after him would fulfill even more wingnut dystopian fantasies.

      "Push the button, Max!" Jack Lemmon as Professor Fate, The Great Race

      by bartcopfan on Tue Apr 22, 2014 at 10:35:22 AM PDT

      [ Parent ]

      •  "Ain't paranoia if they're really out to getcha" (3+ / 0-)
        Recommended by:
        bartcopfan, TRsCousin, Vetwife

        had a corollary: ain't persecution if you're really engaged in wrong-doing.  

        "The extinction of the human race will come from its inability to EMOTIONALLY comprehend the exponential function." -- Edward Teller

        by lgmcp on Tue Apr 22, 2014 at 10:46:16 AM PDT

        [ Parent ]

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