This seems to be a statement on the stupidity of still using pennies in 2017, more so than the point he was actually trying to make.
US man pays tax bill using five wheelbarrows of coins
11–20 of 35 posts
Re: US man pays tax bill using five wheelbarrows of coins
#12When you make the government work for their share of your share... like a boss! ;)
Re: US man pays tax bill using five wheelbarrows of coins
#13> Nick Stafford's coin payment required 11 people who were hired to break open the paper rolls of the coins, taking four hours. So you are telling me this 'Businessman' wasted 11 peeps x 4 hours x 10$ min wage = $440, to 'make a statement' to IRS and pay his $400 tax bill with pennies / coins?! What kind of a businessman does that? What a waste of man power.
Surely he was also required to pay the extra costs for the transaction at the receiving end? I can't imagine the authority was somehow required to accept his coin payment, and not only accept but do it for free?
Its required by US law
Re: US man pays tax bill using five wheelbarrows of coins
#14> Nick Stafford's coin payment required 11 people who were hired to break open the paper rolls of the coins, taking four hours. So you are telling me this 'Businessman' wasted 11 peeps x 4 hours x 10$ min wage = $440, to 'make a statement' to IRS and pay his $400 tax bill with pennies / coins?! What kind of a businessman does that? What a waste of man power.
one who is fed up with dealing with an overwhelming bureaucracy.
And one who solves his problems by harassing rank-and-file employees who have no authority to address his problem.
Re: US man pays tax bill using five wheelbarrows of coins
#15> Nick Stafford's coin payment required 11 people who were hired to break open the paper rolls of the coins, taking four hours. So you are telling me this 'Businessman' wasted 11 peeps x 4 hours x 10$ min wage = $440, to 'make a statement' to IRS and pay his $400 tax bill with pennies / coins?! What kind of a businessman does that? What a waste of man power.
He claims to pay $300k/year in income taxes; owns 3 houses and at least 3 vehicles. I don't think the cost of the stunt is material to him.
Re: US man pays tax bill using five wheelbarrows of coins
#16Earlier quoted context omitted.
"$3,000 tax bill using five wheelbarrows containing 300,000 coins." Right in the caption. A smart business man. He has gotten a lot of free publicity out of it.
> A smart business man. He has gotten a lot of free publicity out of it. I can do a lot of things for attention; it doesn't make me smart.
it is all about proper application and this guy executed very well by exploiting the well established dislike for taxes and snarky but lawful adherence to the law.
if payment can be made onerous then perhaps the taxing authority is itself
Re: US man pays tax bill using five wheelbarrows of coins
#17Has been done (tried) before: http://archiver.rootsweb.ancestry.com/th/read/LITHUANIA/1999... , visual: http://new2.fjcdn.com/comments/I+_7ffbead1aa9217ad05eb5487c4...
Re: US man pays tax bill using five wheelbarrows of coins
#18Not legal tender in Australia. They could just refuse to accept it. https://en.wikipedia.org/wiki/Legal_tender
The US really ought to do away with pennies, and probably nickels as well. This stunt would be 10x less silly with dimes.
Re: US man pays tax bill using five wheelbarrows of coins
#19This seems to be a statement on the stupidity of still using pennies in 2017, more so than the point he was actually trying to make.
Whats wrong with using pennies?
Re: US man pays tax bill using five wheelbarrows of coins
#20I was about to repeat the old story that (in the US) pennies are not legal tender in amounts over 25 cents, but it turns out that since 1965, pennies are legal tender in any quantity. However, payees are not obliged to accept them; for instance, municipal bus lines can refuse to accept fare payments in pennies. [1][2]
[1] http://www.snopes.com/business/money/pennies.asp
[2] https://www.treasury.gov/resource-center/faqs/Currency/Pages...