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Greeks Told To Declare Cash "Under The Mattress", Jewelry And Precious Stones

Tyler Durden's picture




 

When earlier today we read a report in the Greek Enikonomia, according to which Greek taxpayers would be forced to declare all cash "under the mattress" (including inside) or boxes that contain more than 15,000 euros as well as jewelry and precious stones (including gold) worth over 30,000 euros, starting in 2016, we assumed this has to be some early April fools joke or a mistake.

After all, this would be merely the first step toward full-blown asset confiscation, conducted so many times by insolvent governments throughout history, once the government cracks down on those who made a "mistake" in their asset declaration form or simply refuse to fill such a declaration, thereby making all their assets eligible for government confiscation.

It was not a joke.

Here is the take of Keep Talking Greece, whose stunned response mirrors ours.

Cash "under the mattress" totaling more than 15,000 euro, jewelry and other valuable items such as diamonds and gemstones, should be declared to electronic system of tax authorities, Taxisnet, as of 1 January 2016. Next to properties and vehicles and shares, now the taxpayers will also have to declare their deposits. And not only that. They will have to fill if they rent bank lockers and if yes, also the name of the bank and the branch, even if abroad.

A joint ministerial decision issued by the Ministries of Justice and Finance indicates that taxpayers in Greece should add all their valuables into a new category of the tax declaration, the “Assets declaration.”

Specifically, the decision provides that:

    “Assets declarations” are submitted electronically and mandatory via Taxisnet.
      Starting date for the submission is 1.1.2016

Declared must be cash money if more than 15,000 euro and precious items if their total value exceeds 30,000 euro. These amounts apply cumulatively per household (husband, wife, underage children).

To facilitate the completion of the declaration, data from the income statements (E1 and E9) will be drawn automatically.

Note that this Assets declaration process will initially apply to lawmakers, journalists, public servants etc and is the rehearsal for the creation of the electronic property & assets register that will be extended to all taxpayers.

The new assets declaration form has a total of 56 pages.

The decision has been taken “in the context of support and development of the economy,” the ministers state.

Some thoughts

First of all, the ministerial decision will certainly support and help to growth the noble profession of accountants.

How can a bride know the value of the jewelry her parents-in-law gave as a wedding gift?

If the retail price of X valuable item was 10,000 euro in 2005, what is the value today?

And what will happen if one will not declare his assets? The tax authorities will raid the home and search under the mattress to find grandma’s ring?

Are you kidding me, Greek Syriza state?

PS we should note that this assets declaration was in plan before SYRIZA came into power. Not sure about what minister promoted this, I vaguely reckon it was form New Democracy. Or most likely it was a Troika’s idea in order to grab the so-called ‘black money’ that starts with 15,001 euro in cash and diamonds worth 30,001 euro.

 

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Tue, 12/01/2015 - 15:30 | 6861910 hedgeless_horseman
hedgeless_horseman's picture

 

 

Tue, 12/01/2015 - 15:33 | 6861921 Occident Mortal
Occident Mortal's picture

At least they still have the euro.

Tue, 12/01/2015 - 15:47 | 6862016 SILVERGEDDON
SILVERGEDDON's picture

My tragic boating accident took all my wealth down to the bottom.

The tooth fairy leaves me a couple Eagles and Liberties on the pillow from time to time.

i been using the same tooth for 47 years. Tied a fish line to it so's i always reel it back in to go fishing for more dollars now and then.

Tue, 12/01/2015 - 15:50 | 6862028 VinceFostersGhost
VinceFostersGhost's picture

 

 

My tragic boating accident

 

A moment of silence please...

 

OK......that's enough.

Tue, 12/01/2015 - 16:00 | 6862048 hedgeless_horseman
hedgeless_horseman's picture

 

 

Your records show I purchased what and when?

See, here, officer.  This is a copy of the newspaper advertisement for the yardsale I had where I sold those guns, jewels, and coins for cash that I spent on taxes and health insurance premiums.  You know how it is?  Here is the tax receipt.

Sorry, sir.  Nice armored car!  Stay safe during all these confiscations. 

Have a nice day! 

Tue, 12/01/2015 - 16:02 | 6862091 pods
pods's picture

I have to now pay tax on my precious stones?

That is kind of sexist.

pods

Tue, 12/01/2015 - 16:04 | 6862108 Soul Glow
Soul Glow's picture

Am I sexist for saying Merkle is a bitch?

Tue, 12/01/2015 - 16:08 | 6862133 Anonymous User
Anonymous User's picture

Having the EURO is their biggest problem. They missed the grexit train and going back to drachma, devalorizing it and skip on paying the banks back.

Now they're fucked. Greek STYLE. And no oil around to use as lube. Just scratchy sand, rocks and some dirty migrants if that helps in any way.

http://goo.gl/wbvm16

Tue, 12/01/2015 - 16:16 | 6862175 Save_America1st
Save_America1st's picture

The Tiny Dot...pass it on to the Greeks...maybe they will wake up and hopefully so will America and the rest of this fucked up world.

 

https://www.youtube.com/watch?v=6C93jS_CQ50

 

Tue, 12/01/2015 - 16:37 | 6862296 krispkritter
krispkritter's picture

So they're asking for a voluntary bail-in of Sealy Savings Banks?  Call me shocked!

Tue, 12/01/2015 - 16:47 | 6862342 mtl4
mtl4's picture

Those who would give up essential Liberty, to purchase a little temporary Safety, deserve neither Liberty nor Safety.

 

This is just like the gun registries, anyone dumb enough to get in the database obviously has no idea of it's real purpose.

Tue, 12/01/2015 - 16:53 | 6862391 Mr.BlingBling
Mr.BlingBling's picture

Interesting how they never tell the truth about the so-called gun show loophole.  (The truth being that the only way to 'fix' it is registration of all weapons.

Tue, 12/01/2015 - 17:11 | 6862491 MagicHandPuppet
MagicHandPuppet's picture

If those greek folks don't rise up and throw the bums who support this treason in the pokey, they deserve what they are about to get.

Tue, 12/01/2015 - 18:00 | 6862753 JRobby
JRobby's picture

I love forms with a lot of places to write in zeros!

I am sure the compliance participation % of the Greek Citizenry will be worse than the tax collections %.

Tue, 12/01/2015 - 19:07 | 6863014 847328_3527
847328_3527's picture

Whne the Greek politicans hand over their Secret Swiss bank accounts, then the Greek people will hand over their mattresses.

Tue, 12/01/2015 - 19:18 | 6863062 coinhead
coinhead's picture

Nice to know sneaky Greeks can hide their money in Bitcoin and crypto-currency!  Crypto is teh tax-haven of teh 21st century!

Tue, 12/01/2015 - 19:46 | 6863187 pelican
pelican's picture

This is the same land of the of Spartins?  Hell, even Mericans would be buring shit down about now.

Tue, 12/01/2015 - 20:17 | 6863324 espirit
espirit's picture

Texas, Northern Arizona, Idaho, Montana, North Dakota.

All are looking mighty free right now.

Tue, 12/01/2015 - 20:50 | 6863480 Stuck on Zero
Stuck on Zero's picture

Do I have to register my 125m megayacht? Or the 12,000 sqm villa on Santorini?

Tue, 12/01/2015 - 22:47 | 6863897 Billy the Poet
Billy the Poet's picture

As Clemenza would say. "It's time to go to the mattresses."

Wed, 12/02/2015 - 02:55 | 6864529 Stainless Steel Rat
Stainless Steel Rat's picture

Our printing press says you owe trillions in capital gains for not having your savings devalued with the rest of everything... now be a good citizen and bend over for 'the investors'!

Wed, 12/02/2015 - 09:45 | 6865109 pmbug
pmbug's picture

Haha.. Greeks are such amatuers at this.  US authorities have laid the groundwork for confiscations without need for real justification.  They have the legal power to confiscate just about anything they want and then enjoy some margaritas.

Tue, 12/01/2015 - 22:57 | 6863928 August
August's picture

Do you realize that most of your posts here tend to discredit bitcoin users/investors?

Just askin'.

Tue, 12/01/2015 - 23:39 | 6864099 Lore
Lore's picture

Any bets that he lives with his parents?

Wed, 12/02/2015 - 09:47 | 6865115 kralizec
kralizec's picture

Did he trash the family Thanksgiving Day dinner table?

Wed, 12/02/2015 - 00:53 | 6864327 Antifaschistische
Antifaschistische's picture

I don't think this is a confiscation set-up...but I've been wrong a lot in my life, and I often overestimate the human spirit.

But this may be the Eurocrats who want an idea of how big the barter economy could be if they can determine how much portable, non-trackable, easily transferable wealth is sitting out there.  If the greek people on their own just decided to start using silver, or copper or 1/10th of an oz gold pieces for currency then the EUro would be screwed.

but...the Greeks are a people who I overestimated numerous times over the past 5 years.

Wed, 12/16/2015 - 19:56 | 6932755 Nomatrix
Nomatrix's picture

And soon they were without gold, precious stones and broke.

Tue, 12/01/2015 - 16:54 | 6862395 FreeMoney
FreeMoney's picture

In debt?

Step 1.  Identify all the low hanging fruit.

Tue, 12/01/2015 - 23:14 | 6864002 Stuck on Zero
Stuck on Zero's picture

Wait a minute. Governments tell us that gold is a 'barbarous relic' and worthless. Why would they want us to report it?

Tue, 12/01/2015 - 17:09 | 6862484 MalteseFalcon
MalteseFalcon's picture

So they confiscate all the money, precious stones and PMs.  Nothing gets reformed and all that is pissed away.

So now it's what?  Kidney confiscation?

Hang on to your guns.

Tue, 12/01/2015 - 16:37 | 6862300 DaveyJones
DaveyJones's picture

central bank + politician under thumb = country in the red

central bank + cash under mattress = monster under bed

Wed, 12/02/2015 - 08:27 | 6864859 Muddy1
Muddy1's picture

monster in bed, there fixed it, and she's happy

Tue, 12/01/2015 - 17:31 | 6862385 Urban Redneck
Urban Redneck's picture

The euro isn't the Greeks biggest problem.  The Greeks biggest problem is the representatives (fascist oligarchs) that the Greek citizens themselves vote to lead Plato's dream Athenian Republic.  When G Pap & Samaras presented too elite a face for the march of tyranny, they brought in Hopey Changey Tsipras to deliver.  

Only a thoroughly indoctrinated bunch of loons (or teabaggers) would believe that the tyranny of the 1% is more just than the tyranny of the 51%.  

There are only two options accept their slavery or overthrow their oppressors.  

Tue, 12/01/2015 - 23:37 | 6864083 Lore
Lore's picture

Here's a concept for consideration: SELF-RULE.

Wed, 12/02/2015 - 07:11 | 6864748 Ghordius
Ghordius's picture

show the way, show how it's possible. fact is that most who expose this view here... are at the very center of immense state power, like in the (relatively calm) eye of a hurricane

Wed, 12/02/2015 - 07:09 | 6864690 Ghordius
Ghordius's picture

+1 for "The euro isn't the Greeks biggest problem"

fact is that the EUR is not in the Greek's state or central bank power to devalue. this puts the EUR at the same level as gold, jewelry and precious stones... as this very article highlights

fact is that devaluation is form of partial default... at the cost of those who hold cash and creditors

fact is that if I lend to someone, and this someone partially defaults on his debts... well, I'm going to ask higher rates, next time, or refuse to lend at all

fact is that up to now all criticism of the EUR is based on a Keynesian view of how to centrally manage a national economy

so don't ask for a return of gold if you think that the EUR is the one and only problem of Greece, then for all purposes, the EUR is behaving in the same way as gold, for Greece

meanwhile, many Greeks are keeping their euros under the mattress, together with their gold, jewelry and precious stones... and the Greek state is trying to get some hold on them

tyranny is what behaves like tyranny

Tue, 12/01/2015 - 19:20 | 6863077 walküre
walküre's picture

+ 900,000 "official" and "refugees" from Deutschland

truth is this year alone came more or less 2,000,000 INVADERS

WHO THE FUCK IS COUNTING ANYMORE?

Tue, 12/01/2015 - 20:47 | 6863468 twh99
twh99's picture

Don't worry in 2-3 years the shit show will start all over again.  They haven't really fixed their economy so they are still spending more than they take in on pensions and useless government workers.

However by then Merkel will have benn replaced by someone else who will not be inclined to bailout the Greeks for a fourth time.

Tue, 12/01/2015 - 23:56 | 6864156 Theosebes Goodfellow
Theosebes Goodfellow's picture

~"The decision has been taken “in the context of support and development of the STATE'S economy,” the ministers state."~

"...and to the detriment of yours."

Sure sounds like all your base are belong to us.

Tue, 12/01/2015 - 17:16 | 6862536 BarkingCat
BarkingCat's picture

No, only blind for confusing it with a female.

Tue, 12/01/2015 - 18:50 | 6862940 bluskyes
bluskyes's picture

Your low opinion of dogs is noted. Expect a suit from your local SPCA.

Tue, 12/01/2015 - 19:17 | 6863057 glenlloyd
glenlloyd's picture

"Am I sexist for saying Merkle is a bitch?"

First I think you're going to have to prove Merkel is female...

Tue, 12/01/2015 - 22:51 | 6863915 KesselRunin12Parsecs
KesselRunin12Parsecs's picture

"Am I sexist for saying Merkle is a bitch?"

 

You're sexist for being a white male (which would also probably make you a racist, homophobic, & anti-semite)

 

So basically, unless you're Wanda Sykes, you'd better keep a lid on it.

Tue, 12/01/2015 - 16:04 | 6862111 hedgeless_horseman
hedgeless_horseman's picture

 

 

I have to now pay tax on my precious stones?

Not on purchases of gold coins over $1000.

The tax receipt could be for property taxes, paid in cash, to show use of proceeds.

Tue, 12/01/2015 - 23:44 | 6864114 AllMightyDollar
AllMightyDollar's picture

No California sales tax on gold and silver over $1500 - You pay the sales tax on $1499.99

Tue, 12/01/2015 - 16:08 | 6862129 Anonymous User
Anonymous User's picture

Don't wanna be a greek this time of year.

Tue, 12/01/2015 - 18:43 | 6862913 Bangin7GramRocks
Bangin7GramRocks's picture

You'll get this thick gold rope chain when you pry it from my cold, dead chest sweater!

Tue, 12/01/2015 - 19:20 | 6863074 messymerry
messymerry's picture

Pods,

I have to now pay tax on my precious stones?

In your case, it would be a small tax, a very... small tax,,,

;-D  

Tue, 12/01/2015 - 16:02 | 6862095 MANvsMACHINE
MANvsMACHINE's picture

What about credit card bills?  Do they want those too?

Tue, 12/01/2015 - 16:10 | 6862150 Ignatius
Ignatius's picture

Yes, they can be rehypothicated endlessly to 'back' a new currency.

Tue, 12/01/2015 - 16:03 | 6862102 EnglishMajor
EnglishMajor's picture

They expect the people that try to hide swimming pools to declare what is under the mattress?

 

http://www.zerohedge.com/article/greek-tax-avoidance-101-cover-your-swim...

 

Tue, 12/01/2015 - 16:09 | 6862130 XitSam
XitSam's picture

Hedgeless,

You want to buy a new house or car or refrigerator?  Your benevolent government prohibits such things because it knows you don't have the wealth. By your own declaration!

Tue, 12/01/2015 - 16:15 | 6862156 hedgeless_horseman
hedgeless_horseman's picture

 

 

I could buy those things with income, as I need to dispose of it, so as to not have wealth.

Governments usually allow, if not promote, both income and consumption, because they tax both.

Tue, 12/01/2015 - 17:04 | 6862461 Urban Redneck
Urban Redneck's picture

A house is WEALTH, and exactly what the Greek government is now laying the groundwork to sieze through taxation.

Tue, 12/01/2015 - 16:23 | 6862221 Analog
Analog's picture

Your benevolent government prohibits such things because it knows you don't have the wealth.

That's why CREDIT was invented!  Shop 'till you drop!!

 

PS  Out of more than curiosity (sincerely) what country do you know of that enables you to call this one "benevolent"?

Tue, 12/01/2015 - 16:31 | 6862262 Badsamm
Badsamm's picture

When I buy property with my gold and silver, how much of it will the seller want to report? He could just "give" me the farm.

Tue, 12/01/2015 - 18:47 | 6862932 Analog
Analog's picture

When I buy property with my gold and silver, how much of it will the seller want to report? He could just "give" me the farm.

Sounds like you have not been a USSA property "owner".

"Real" transactions are severely monitored, and the property value is assessed by the county, you pay (property) taxes based on their assessment, not what you paid for the property.  Even if your long lost uncle "gave you the farm" the gov would have its fingers in your pie.  Unless you have an army to protect it and your interests, best to never "own" (pay money to anchor your ass and pay taxes for) dirt.

Unfortunately, dirt is the ultimate source of food.

The Second Amendment is (will (continue to) be) the best part about the USSA ... sometimes Pb is more valuable than Ag, Au and ... maybe ... dirt.

Tue, 12/01/2015 - 20:52 | 6863488 PeterLemonJello
PeterLemonJello's picture

"Real" transactions are severely monitored, and the property value is assessed by the county, you pay (property) taxes based on their assessment, not what you paid for the property.

Actually the county's assessment is primarily based on the transaction price for which the real property changes hands.  So I agree that they have their fingers in the pie, but the price is a main driver of the taxable assessed value.

Wed, 12/02/2015 - 09:00 | 6864934 Ace Ventura
Ace Ventura's picture

Maybe in your parts.....but here in central Virginistania, the price of your individual property transaction is irrelevant. Instead, the county thieves use a 'complex formula' which takes into account the 'average retail price' of properties 'in your general area'......to then 'assess' the value of yours. In a shocking twist of amazing coincidence.....these 'assessmenst' always.....ALWAYS.....are far higher than any price you could ever get if you sold your property. And naturally, your TAX rate is based on their 'assessment'.

Absolute, in-your-face robbery.....but hey, it's 'the law'!

Tue, 12/01/2015 - 20:36 | 6863420 Abaco
Abaco's picture

Solf for one dollar plus other consideration.

Tue, 12/01/2015 - 16:49 | 6862359 SILVERGEDDON
SILVERGEDDON's picture

XitSam- barter and trade - it's what's for dinner.

And, houses, cars, refrigerators, et-fucking-cetera.

Tue, 12/01/2015 - 17:01 | 6862439 Urban Redneck
Urban Redneck's picture

Have you ever bought a house?  You might value the house at a few dozen heads of cattle, but the local assessor will value the property at WHATEVER fiat price the State pleases.  And you will pay the State EACH YEAR in whatever amount in whatever LEGAL TENDER the State DEMANDS, otherwise a judge a NULLIFY your paper title to the property because the State's blockchain is actually the title of record.

Barter is not a solution, except to Special Snowflakes who need to feel good about their efforts to stand up to THE SYSTEM.

Tue, 12/01/2015 - 17:18 | 6862548 SILVERGEDDON
SILVERGEDDON's picture

Well, shucks there, redneck.

You have your spine, and I have mine.

Death and taxes are inevitable.

So what ?

It has nothing to do with trade and barter for commodities amongst individuals.

Straw man argument much ?

Tue, 12/01/2015 - 17:32 | 6862598 Urban Redneck
Urban Redneck's picture

You're the one who wrote that barter was a solution for "houses" and "cars", not me.  Barter is not a solution for ANY ASSET that must registered and titled through the State, so the more the assets that must be registered with the State, the less of an already non-solution (or grossly incomplete solution) barter becomes.  Specifically, in light of what the Greek Overlords are proposing in this article, bartering won't achieve much more than a slave's subsistence diet once Blythe gets done building her gooberment blockchain.  So no, it's not a strawman, but it is forward looking.  

Tue, 12/01/2015 - 18:28 | 6862863 SILVERGEDDON
SILVERGEDDON's picture

Partial quote, straw man argument, blah blah blah.

What I said, not too many posts vertical from here was barter between individuals was a solution to purchasing houses, cars, refrigerators, et-fucking-cetera.

Let me be more clear, as you have chain sawed my comment in half to suit your rant.

Barter and trade satisfy the individuals doing the deal for ANY AND ALL commodities they deem to have value to one another.

I also mentioned that death and taxes were inevitable. So, render unto Caesar what he expects on transactions he has his fat finger upon - just minimize the frequency and value of the transactions Caesar will fuck you out of tax dollars for.

Everything else becomes transactions of goods and services direct, with no currency, no income tax record, and no government intervention.

Trade and barter are older than government, and will live long after government has been consigned to the dust bin of history, along with banks, hopefully.

Taxation without representation has always been a problem in the world.

Americans have a solution to the problem, and have implemented it in the past.

The end result is the Constitution, and far as I know, it is still in effect.

Tue, 12/01/2015 - 18:43 | 6862914 Urban Redneck
Urban Redneck's picture

About that Constitution... It has been used to authorize this government intervention and tax:

https://www.irs.gov/taxtopics/tc420.html

https://www.irs.gov/uac/About-Publication-525

 

Tue, 12/01/2015 - 20:12 | 6863300 SILVERGEDDON
SILVERGEDDON's picture

There is a fundamental difference between " Government use for government intervention and tax " and the actual meaning of the Constitution.

First of all, government only has authority when it represents the people. When government goes against the people they are elected to represent, they are subject to change without notice.

The people have the right to reject government and replace government if they see fit to do so.

Taxation without representation is what caused the birth of the United States of America to begin with.

The People of the United States of America are the constant - government is the intangible, subject to rejection and replacement based upon performance, or the lack thereof.

" The price of freedom is eternal vigilance. "

Are you a citizen, or are you a sheeple muppet ?

Tue, 12/01/2015 - 22:21 | 6863784 Goldilocks
Goldilocks's picture

The Muppets - Man or Muppet song HD
http://www.youtube.com/watch?v=sb3tHsCLWsI (2:35)

Tue, 12/01/2015 - 20:42 | 6863440 XitSam
XitSam's picture

You seem to think that both sides will cooperate for each other's benefit.  When the seller gets to keep his property and 10% or more (equivalent value) of any alternative currency you are using, he will turn you in.

Tue, 12/01/2015 - 16:21 | 6862211 tmosley
tmosley's picture

Oh, you want my gold?

Let me go get it for you.

*BOOM*

Headshot.

Tue, 12/01/2015 - 16:26 | 6862232 Analog
Analog's picture

Pb *can* be more valuable than Ag and Au.  ;-)

Tue, 12/01/2015 - 16:46 | 6862344 dchang0
dchang0's picture

After that happens a couple of times, then the gov't will begin confiscating all firearms at the same time that they confiscate all the cash.

Not too far a step to then confiscating wives and daughters for sex slavery and imprisoning all the able-bodied men in state-run work camps. History repeating itself...

(Not that I think we shouldn't put up a fight--the key is to realize beforehand how swiftly the gov't will move to rob the citizenry of all they have, especially firearms.)

Tue, 12/01/2015 - 17:03 | 6862436 Mr.BlingBling
Mr.BlingBling's picture

'Our' government could start confiscating firearms at a moment's notice.   I would bet it all that 'our' government now has a de facto gun registry created by retaining all of the info on the ATF Form 4473, despite that being illegal.

Tue, 12/01/2015 - 17:15 | 6862531 Analog
Analog's picture

'Our' government could start confiscating firearms at a moment's notice.

You are talking about the "government" of the USSA?

"The Government" is made up of "people", your friends, your enemies, your neighbors, people you read their articles/stories and comments on ZH....  People.  They have families and bills to pay just like you and me.  Confiscating a deadly possession is not going to go over well with most of its owners, and after a few "confiscators" pay for their stupidity to violate the Second Amendment most of the remaining confiscators will ... hesitate.

 

The Second Amendment protects the rest of the Constitution.

Tue, 12/01/2015 - 17:03 | 6862449 SgtShaftoe
SgtShaftoe's picture

Not gonna happen. Most people in flyover country are aware of the following quote:

"And how we burned in the camps later, thinking: What would things have been like if every Security operative, when he went out at night to make an arrest, had been uncertain whether he would return alive and had to say good-bye to his family? Or if, during periods of mass arrests, as for example in Leningrad, when they arrested a quarter of the entire city, people had not simply sat there in their lairs, paling with terror at every bang of the downstairs door and at every step on the staircase, but had understood they had nothing left to lose and had boldly set up in the downstairs hall an ambush of half a dozen people with axes, hammers, pokers, or whatever else was at hand?... The Organs would very quickly have suffered a shortage of officers and transport and, notwithstanding all of Stalin's thirst, the cursed machine would have ground to a halt! If...if...We didn't love freedom enough. And even more – we had no awareness of the real situation.... We purely and simply deserved everything that happened afterward.”

Aleksandr Solzhenitsyn

Tue, 12/01/2015 - 17:54 | 6862727 Motasaurus
Motasaurus's picture

The only way the government wins is if the people let it. 

And boy are they letting it right now.  

Wed, 12/02/2015 - 12:29 | 6865854 bookofenoch
bookofenoch's picture

Confiscation agents will lose their zeal after their loved ones get their lives shortened.

We need a database of drone pilots, irs, police and other agents of the nugestapo

Tue, 12/01/2015 - 16:29 | 6862247 lincolnsteffens
lincolnsteffens's picture

Yeah, good idea HH. I was just thinking about getting a used military armored transport or used armored car. These would be good for emergency or to store valuables including myself.

Wed, 12/02/2015 - 11:44 | 6865646 Government need...
Government needs you to pay taxes's picture

I got an unarmored LMTV a few months back.  Paid less than 10% of what the taxpayers bot it for . . . had 600 miles on it.  You have to armor it yourself . . . get this . . . US .gov is prohibited from selling the armored vehicles to US citizens, but they can paradrop missiles that can take an airlines out of the sky to some random jihadis in the Middle East.

 

Tue, 12/01/2015 - 16:30 | 6862258 css1971
css1971's picture

Always pay cash.

Tue, 12/01/2015 - 16:47 | 6862352 SILVERGEDDON
SILVERGEDDON's picture

Hedgeless - you forgot the finale.

" Y'all come back now, hear ? "

Tue, 12/01/2015 - 18:20 | 6862842 turnoffthewater
turnoffthewater's picture

Any down votes are from unemployed armored truck drivers

Wed, 12/02/2015 - 01:23 | 6864390 Rusty Shorts
Rusty Shorts's picture

I want a shrubbery!

Tue, 12/01/2015 - 15:59 | 6862055 Cognitive Dissonance
Cognitive Dissonance's picture

Coming to a banana republic near and dear to you. It is only a matter of time before the US of A enacts similar rules and regulations. To think otherwise is simply delusional thinking.

"After all, this would be merely the first step toward full-blown asset
confiscation, conducted so many times by insolvent governments
throughout history, once the government cracks down on those who made a
"mistake" in their asset declaration form or simply refuse to fill such a
declaration, thereby making all their assets eligible for government
confiscation."

The only question you need to ask is if the USA is insolvent.

Tue, 12/01/2015 - 16:03 | 6862099 MANvsMACHINE
MANvsMACHINE's picture

Is the USA insolvent?

Tue, 12/01/2015 - 16:21 | 6862212 Cognitive Dissonance
Cognitive Dissonance's picture

Not if you listen to the MSM economists. And not if you consider future 'entitlements' to be non-enforceable promises that can be broken with the stroke of a pen.

Tue, 12/01/2015 - 17:25 | 6862580 Apocalicious
Apocalicious's picture

Well, they are and they will be. Kentucky will show us all how. 

Tue, 12/01/2015 - 16:35 | 6862288 jaxville
jaxville's picture

  The rules are not new as many were considered by the IMF some years ago.  The rules are to act as a deterrent to holding specie or cash by creating huge headaches for those who choose to remove their wealth or a portion thereof from the financial sector.  The rules also serve to stigmatize those who hold gold or cash as excessively rich,  anti social and/or criminal. 

  Most western nations have kept a lid on gold demand throgh indoctrination and manipulation.  Aggressive taxation is the next step.

Tue, 12/01/2015 - 16:19 | 6862196 LawsofPhysics
LawsofPhysics's picture

Yes.  "Laws" that cannot be enforced are less than useless...

better start practicing our lines...

"What cash"?

Tue, 12/01/2015 - 16:32 | 6862266 lincolnsteffens
lincolnsteffens's picture

Sorry, but I invoke all my unalienable right, including my right to shut up. I am not required to help in government investigations. Show me the contract where I agreed to do this.

Tue, 12/01/2015 - 17:08 | 6862474 Urban Redneck
Urban Redneck's picture

It's called representative government.  The outcome of the last election is where you agreed to this.

Tue, 12/01/2015 - 18:53 | 6862956 bluskyes
bluskyes's picture

fuck that noise!

Tue, 12/01/2015 - 15:52 | 6862034 NoDebt
NoDebt's picture

In some Pennsylvania boroughs and townships they have something called the "Berkhimer Tax" which is, basically, an asset tax- just a few mils, but a tax on assets nonetheless.  It's called the Berkhimer Tax because the job of collecting that tax is sub'ed out to a company called Berkhimer & Associates in Bangor, PA (little trivia for ya).

Anyway, if you NEVER return the form, they can't collect anything from you.  But if you fill out the form JUST ONCE they can come collect from you FOREVER after that (assuming you still work or live in a tax jurisdiction that has the Berkhimer Tax), including powers of confiscation, payroll attachment, even arrest via a local sheriff, if necessary.  Basically, it's a stupidity tax.

DON'T FILL OUT THE FUCKING FORM.

Tue, 12/01/2015 - 15:58 | 6862063 nope-1004
nope-1004's picture

+1.  It's a data mining scam, in as much as a bit of revenue will be realized.  Once they "know" who you are, you're flagged forever.

Now where to I submit my email addy to see if I'm on the Ashley Madison list?

lol

 

Tue, 12/01/2015 - 23:07 | 6863975 Government need...
Government needs you to pay taxes's picture

NYC jury duty is the same.  NEVER respond to the non-registered mail.

Tue, 12/01/2015 - 17:15 | 6862522 Mr.BlingBling
Mr.BlingBling's picture

If the applicable principle is that you're in the clear if you never ever fill out the declaration, then the Feds will simply fold it into your tax return as they did with Obamacare.  There are very few people who have NEVER filed a tax return.  (Of course, I'm excluding the illegal immigrants, who are now apparently a privileged class.)

Tue, 12/01/2015 - 17:26 | 6862584 Apocalicious
Apocalicious's picture

Really, all taxes are stupidity taxes. Or obedience taxes, I suppose.

Tue, 12/01/2015 - 18:17 | 6862828 LawsofPhysics
LawsofPhysics's picture

Yes, again "what cash"?

Tue, 12/01/2015 - 16:10 | 6862152 abyssinian
abyssinian's picture

How about the $5 Greek hooker in the basement? Do they have to list that too?

Tue, 12/01/2015 - 16:17 | 6862191 doctor10
doctor10's picture

The asset-stripping of a country is a sad thing to behold.

 

Wait until they get up the nerve to start here. Unfortunately success in Greece just emboldens them

Tue, 12/01/2015 - 16:29 | 6862253 Analog
Analog's picture

Unfortunately success in Greece just emboldens them

Which was the whole point of "Greece".

Tue, 12/01/2015 - 19:56 | 6863238 Diana Miler
Diana Miler's picture

Time to switch to bitcoin.

Wed, 12/02/2015 - 07:38 | 6864759 VinceFostersGhost
VinceFostersGhost's picture

 

 

Yeah.....so you can be tracked day or night 24/7 365 days a year.

 

The good news is if you get lost.....you can just call the NSA.

Wed, 12/02/2015 - 02:53 | 6864503 silvermail
silvermail's picture

Slaves have no right to own money. Possession of cash and gold, will be equated to terrorism.

By the way, who is building FEMA camps in the US - Democrats or Republicans?

Which of these two branches of the decorative power in the US is behind the decision on the construction of FEMA camps?

Tue, 12/01/2015 - 15:34 | 6861928 jcia
jcia's picture

Somebody robbed me. I don't have any cash or precious stuff anymore.

Tue, 12/01/2015 - 15:40 | 6861967 Banjo
Banjo's picture

It won't work. If you delcare you were robbed. Next day cops come then it's asseit forefieture time. How did you get 50K gold when yesterday you said it was stolen.

 

Why don't they get the 1% that have stolen all the loot via legal or other means? A: becaues as George Carlin said "THEY WANT IT ALL"

Tue, 12/01/2015 - 16:05 | 6861979 nuubee
nuubee's picture

They can only search my house so many times before they become roommates, at which point they owe me rent.

Tue, 12/01/2015 - 16:23 | 6862223 jaxville
jaxville's picture

  Back around 2006/2007 I learned of an IMF confidential policy paper concerning methods to dampen public gold demand should it threaten confidence.  The reporting of "outside assets" to the tax authorities was one of many policies a nation could impose upon it's citizens. 

  Another is a withholding tax collected by dealers whenever they buy gold from the public.  You sell a few coins for fiat then get perhaps 66% of the value with the balance to turned over to tax authorities to cover potential gains or income taxes. 

  The point is that gold would not become illegal or subject to outright seizure.  It would be turned into a giant headache for those who held it. 

 Not too many people will sympathize with folks who hold gold as they will be perceived to be rich.

Tue, 12/01/2015 - 17:17 | 6862539 Max UK
Max UK's picture

The fun will start when they try this law in India.

Tue, 12/01/2015 - 15:41 | 6861972 nuubee
nuubee's picture

Which thief was it, the honest ones who are just trying to make a living, or the dishonest thieves who tell you they're helping the poor with your money?

Tue, 12/01/2015 - 15:44 | 6861997 KnuckleDragger-X
KnuckleDragger-X's picture

"Well you see, there was this boating accident".......

Tue, 12/01/2015 - 15:35 | 6861933 Zero-Hegemon
Zero-Hegemon's picture

Two downvotes, really?

WTF is wrong with some people.

Tue, 12/01/2015 - 15:37 | 6861946 hedgeless_horseman
hedgeless_horseman's picture

 

 

WTF is wrong with some people.

They are socialists. 

Tue, 12/01/2015 - 15:38 | 6861952 KesselRunin12Parsecs
KesselRunin12Parsecs's picture

They are 'spooks'

Tue, 12/01/2015 - 15:43 | 6861980 Zero-Hegemon
Zero-Hegemon's picture

Very much like the neanderthals of El Sidron, but then they only releived their hosts of their meat, organs and bone marrow. I'm sure they let them keep their stone tools and fur clothing. Spreading the nutritional wealth.

Modern socialism is just a more civilized form of cannibalism. But once in a while the veneer comes off.

Tue, 12/01/2015 - 15:45 | 6862005 Welfare Tycoon
Welfare Tycoon's picture

If there was ever a better time or a more pressing reason for the Greeks to revolt, it would be now. For some reason though, I have this funny feeling that they will not. 

This situation is made all the more depressing, since Greece is just prologue to what will be happening to the rest of the Western World in the future, no matter how near or far away. 

Tue, 12/01/2015 - 17:19 | 6862550 Urban Redneck
Urban Redneck's picture

Actually the Spartans were the hardcore socialists/communists, who marched out to meet the Persians in battle, even the relatively limp wristed democrats in Athens did the same (or technically sailed out to meet the enemy in battle).  Molon Labe has become a catchy phrase for passive aggressive cowards who don't want to march out and meet the enemy.

Wed, 12/02/2015 - 01:16 | 6864377 evokanivo
evokanivo's picture

molon labe! well ... listen. i'll stand up for what i believe in after i finish this computer game.

Wed, 12/02/2015 - 07:07 | 6864731 Ghordius
Ghordius's picture

+1 Actually the Spartans are still the least understood People of their times, who indeed marched out to meet the Persians in battle, even the relatively limp wristed democrats in Athens did the same (or technically sailed out to meet the enemy in battle).  Molon Labe has become a catchy phrase for passive aggressive cowards who don't want to march out and meet the enemy.

- a Spartiate boy was a military slave of the state (read: soldier) from the age of 7 to the age of 30. that's a 23 year long mandatory conscription

- except that it was not really mandatory. you could drop out... and so renounce to your status of spartiate, and so voting citizen... forever and for your children, too

- and if a Spartiate soldier, after 23 years of military service, survived... he came home and was immediately married. by his mother and sisters to a woman of their choice

- then... he had the vote. the same vote his mother had as proxy as long as he was away

- then... he had something to say about the economy of his household... except that again he had no clue, his mother and sisters were those who had any idea

did I mention... households? well, they were matriliniar. meaning that the veteran did not set up his own, he just staid with his new wife, a household run by her mother

the same kind of mother as his, the Spartiate woman that told her sons to "come back with their shields or on them", the famous Spartiate woman that when asked by sons why Spartan swords that mothers gave their sons were so short, replied "so that you make that extra step when you punch it in your enemy's face"

the same kind of woman that you could, as visiting Athenians never stopped talking about, see as easily clad at the market as naked at the gym

for Greeks, Sparta was always a mistery wrapped in an enigma. Sparta was many things:

a dual monarchy, except that the kings were only kings if they were chosen as husbands by the queens, and their leadership was restricted to the battlefield

a democracy, except that you had to be a Spartiate in order to vote, a minority of a minority, and even then, more often then not it was the mothers of the Spartiates that voted most

a council-led republic, with a written constitution that mandated the election of five ephors as government, meaning that there were usually six to ten factions (aka political parties) asking for votes before elections

an empire, then the tiny republic held various other polities in a complex system of alliances, with varying degrees of influence, tributes, etc

a nearly closed economic zone, with a disdain for trade

a closed monetary zone, with a disdain for gold and silver and an archaic preference for iron, which made it - after gold and silver were introduced elsewhere in response to a glut of iron (thanks to new technology) -  a fiat currency zone, with iron coins as currency

a caste system, resembling an aristocracy, with Spartiates being at the top and deciding everything

a tribal system, with each household being led by women directly related to each other and never leaving those households, making them something resembling hardcore socialist/communist fiefdoms

this movie, "300", is one of the worst characterizations of Spartiates. For criminy, they are talking, shouting and grunting, in the movie. Spartiates were famous for their... silence

Queen Gorgo? The daughter of the king (because his mother, the queen, selected him as husband and co-leader of the army), the wife of the king (well, Leonidas was her selection) and the mother of the next queen of that line, and so the mother-in-law of the next king). In the movie, there is this guy that even touches her. That was sacrilege. It would have been enough for her to even only claim he touched her and he would have been immediately executed

Queen Gorgo even went to Athens to head the diplomatic team that set the terms and new constitution for that city that surrendered to Sparta, leaving no doubt about who really held the reins of the Spartan Hegemony

For Athenians, who held high-born women veiled and restricted them mostly to the upper floors of their houses... a bit of a cultural shock

During that visit, one chit-chat conversation that was sent down the rivers of time went like this: "Mighty Queen, how is it that Spartiate women have so much to say in such a war-like state like Sparta?" to which she replied: "It's Spartiate women who bear true warriors"

Wed, 12/02/2015 - 08:35 | 6864874 Urban Redneck
Urban Redneck's picture

I guess in the larger contemporary framework- the socialist/communist oversimplification doesn't do justice to what Sparta actually was, or to the mis-education of contemporaries who hold it up as an ideal to emulated, when even voluntary restrictions on individual freedom to strengthen the community are often seen as some derivation of treason among many claiming to be Libertarian these days,.  Since the essential essence of Spartan society was the subjugation of the individual to the State and the elimination of his freedoms to further the State's war making capacity on its neighbors.  

Even the Libertarian sheeple thought police/think tank agree with that uncomfortable characterization of Sparta... 

Unfortunately, the evil growing in Greece needs to be stopped.  It needs to be stopped NOW before it grows, strengthens, and spreads.  Waiting for the evil evolution of the taxman to come knocking on frightened individuals' door and announcing "We have come, now We take" is a plan for failure.  Free people to need organize, and some will have to sacrifice, in order to defeat this before becomes an insurmountable force.   

Wed, 12/02/2015 - 08:48 | 6864898 overmedicatedun...
overmedicatedundersexed's picture

obuma's words" You didn't build that"..give  suchconfiscation legitimacy..the state is just taking back what we stole.

Wed, 12/02/2015 - 08:53 | 6864911 Ghordius
Ghordius's picture

agree, UR. to come back to the historic reference, though, I think it's fair to characterize the Spartiate households as "socialist". In fact I still think that all "thirst for socialism" goes back to those badly understood matrilinial units of tribes, the "genos" (Latin: Gentes)

the analogy in the Americas is in the original natives that the europeans encountered and their political setups

big "longhouses" containing sizable groups of women related to each other by descent with or without attached married males, the tribal setup having a voice for those groups who lived with "shared wealth" and "shared capital", and a hang for confederational setups in the higher orders of politics

the germanic tribes that Romans encountered were similarly setup, and even the Irish and Scots had similarities to that, often to the amazement of the English

even the ancient Romans exibithed traces of this "matriliniar socialism", in their three names. a personal one, a gentile name and a patriliniar name

the genos, the gentes, they were the way most people lived. on gentile land, buried on gentile graveyards, following their gentile ways, often without even a glance to patrilinearity

for a socialist setup, it has all ingredients for success: people are related, know each other very well, and... well, mother knows best

Tue, 12/01/2015 - 15:35 | 6861935 katchum
katchum's picture

Who of you read Moron Aabe?

Tue, 12/01/2015 - 16:04 | 6862109 NYPoke
NYPoke's picture

LOL, that is EXACTLY how it reads.  2 Miny Yirs 'o hip-hop.

Wed, 12/02/2015 - 13:25 | 6866150 bookofenoch
bookofenoch's picture

Loved Molon Labe

Also: patriots

Also: unintended consequences

Also: atlas shrugged

And the weird stuff: behold a pale horse, rule by secrecy, the prince, gangs of New York, mind control, when money dies...

I'm the uncool guy at the party who won't talk about nfl or teevee. You'd hate me

Tue, 12/01/2015 - 15:51 | 6862031 sgorem
sgorem's picture

+300

Tue, 12/01/2015 - 16:13 | 6862169 Oldballplayer
Oldballplayer's picture

I paid income tax on the money I use to purchase everything. I paid income tax on my cash.

When I sell assets, I pay income tax on the gain.

Now, if you are not going to blow me, I will ask you to leave.

Tue, 12/01/2015 - 17:49 | 6862704 Noplebian
Noplebian's picture

Lindsey Williams Latest: Please I beg you, click on the link for the latest update regarding Greece from my elite friend……

http://beforeitsnews.com/conspiracy-theories/2015/12/lindsey-williams-la...

Tue, 12/01/2015 - 17:56 | 6862738 JRobby
JRobby's picture

Lindsey Williams was killed in an accident over the holiday weekend.

Tue, 12/01/2015 - 17:53 | 6862722 JRobby
JRobby's picture

I love forms with a lot of places to write in zeros!

I am sure the compliance participation % of the Greek Citizenry will be worse than the tax collections %. 

Tue, 12/01/2015 - 18:02 | 6862763 samsara
samsara's picture
. ( Sorry,  Didn't paste too good.)
Tue, 12/01/2015 - 15:30 | 6861911 katchum
katchum's picture

Marc Faber was right.

Tue, 12/01/2015 - 15:51 | 6862032 giggler321
giggler321's picture

1 in 100 isn't anything to brag about.  If you shout it's 12pm, at somepoint you'll be right.  Obvious what to write, ownership is 9:10's of our corrupt laws

Tue, 12/01/2015 - 15:31 | 6861913 Caveman93
Caveman93's picture

Well I declare go fuck yourselves!

Tue, 12/01/2015 - 15:41 | 6861964 KesselRunin12Parsecs
KesselRunin12Parsecs's picture

Yeah, but the Greek prostitutes are saying' "Molon Labia" 4 a few fiatscos

Tue, 12/01/2015 - 15:46 | 6862009 gaoptimize
gaoptimize's picture

I'm sorry I can't acquire the best of them to have a few children with me.  I'm very sad to be 55 tomorrow. I did a very bad thing and started having kids too late.

Tue, 12/01/2015 - 15:52 | 6862041 max2205
max2205's picture

Who cares when you have $4.00 blow jobs.... Winning! 

Tue, 12/01/2015 - 15:56 | 6862060 KesselRunin12Parsecs
KesselRunin12Parsecs's picture

I jacked off 3 & 1/2 times to free internet porn, and then, bought a Silver Maple with the proceeds. #WINNING

Tue, 12/01/2015 - 15:56 | 6862054 WillyGroper
WillyGroper's picture

That's, Well I declare, how niiice...in the south.

Tue, 12/01/2015 - 15:32 | 6861917 pachanguero
pachanguero's picture

Oh yea can't wait to hand over more money to the Bullies of Brussels....

Tue, 12/01/2015 - 15:33 | 6861919 Zero-Hegemon
Zero-Hegemon's picture

I think the phrase "Molon Labe", succinctly sums up my thoughts on this.

Tue, 12/01/2015 - 16:16 | 6862185 pachanguero
pachanguero's picture

I have that tattooed on my arm.  No shit.

Tue, 12/01/2015 - 15:33 | 6861923 IridiumRebel
IridiumRebel's picture

Yeah I got your cash right here....Go Fuck yourself.

Tue, 12/01/2015 - 15:46 | 6862012 Bullionaire
Tue, 12/01/2015 - 15:34 | 6861929 Zero-Hegemon
Zero-Hegemon's picture

Time to buy a bass boat and some kayaks for recreation use. And life preservers, of course. But not for the precious.

Tue, 12/01/2015 - 15:41 | 6861973 BadLibertarian
Tue, 12/01/2015 - 15:34 | 6861930 Big Corked Boots
Big Corked Boots's picture

Compliance rate = 0

Tue, 12/01/2015 - 15:35 | 6861938 Zero-Hegemon
Zero-Hegemon's picture

It worked so well for the Jews

Tue, 12/01/2015 - 20:10 | 6863295 FreeNewEnergy
FreeNewEnergy's picture

Just wanted to jump in here, re: compliance.

In NY, Emperor Cuomo pressed the SAFE act through the legislature after the New Town (whatever, that FF in RI or NH or Mass, I forget) shootings.

Rate of compliance on the assault weapon registry was estimated to be around 3-5%, accounting for mostly state employees who "had" to register.

It's the reason I won't buy a shotgun or rifle. I consider the background check to be a violation of the 2nd amendment. I figure when the time is right, a neighbor or friend will just hand me a gun and bullets because we'll be defending each other's rights.

Molon Labe indeed, though in my case, WTF are you looking for?

Tue, 12/01/2015 - 15:34 | 6861931 insanelysane
insanelysane's picture

Merkel and posse will confiscate these things and sell them to Swiss buyers.  History repeating.

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