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Gold Tax Hidden In ObamaCare

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Uploaded by on Jul 21, 2010

Another side effect from ObamaCare exposed. Not only was ObamaCare sold on falsehoods and outright lies, now we learn, after the bill was signed into law, that there is a secret gold coin tax buried in the thousand of pages health care law.

The tax comes in an obscure section of the tax code that deals with purchases by self-employed people and small businesses.

Starting Jan. 1, 2012, small businesses and self-employed people will have to issue 1099 forms, which are used to track and report the miscellaneous income associated with services rendered by independent contractors or self-employed individuals, for every vendor with whom they do more than $600 business in a calendar year.

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  • And they actually believe that Obama didn't know that this new tax was rolled into his shit health care bill? Come on... Get a clue. ITS CALLED AUSTERITY!

  • Bah. I plan on cheating on my taxes MORE because of this. Not only to save money, but simply because it'll make my life (and my boss' life) a hell of a lot easier.

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  • This is a farce. The man on the right either lied through his teeth or doesn't know the real reason it's in the bill. These evil people get off on telling the people what they will do and what they will say before it's done. The Zionist head of the ObamaCare placed the bill to get us closer to a police state just like Israel who are under Martial Law 24/7 for the sole goal of unifying a one world government. To shed more light, the companies would of handed ur SS number, where you live, etc.

  • When the price goes up, there actually is not a capital gain because that is only a reflection that the dollar has lost value; the coin does not have more purchasing power unless you spend it right away before commodities catch up; but peoples saving take a big hit; so actually the Government should reimburse people, that hold fiat as stores of wealth, for the loses incurred when the price(in fiat dollars) of Gold and Silver goes up(doesn't gain any purchasing power).

  • Obamacare was signed on March 2010 with 59% of the people disapproving according to a CNN poll. The CBO scored Obamacare on six years of coverage for 10 years of taxes, which is how the CBO showed the bill to be deficit neutral . It’s unconstitutional mandating all citizens to purchase health care. Even Pelosi said, “We have to pass the bill, so you can find out what is in it.” watch?v=KoE1R-xH5To It’s also meant to take over industry watch?v=p-bY92mcOdk

    Allen West 2012

  • I thnk it's a big joke. The best thing to do is for everyone to refuse filling out 1099 forms.

  • Where is the proof and not the abc news article that has been circulating. I sure as hell cant find anything on it. Find the legislation that proves it or shut up.

  • @dawnstory69

    nah, it's called TYRANNY.

  • It will be on all precious metals! not just gold...

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