All this story proves is what we all know. Everyday people despise taxes and the IRS.

But let us be truthful here, what Kahre did was to use a loop hole to circumvent the system. It was not noble, nor were his employees. A $50 Gold Goin has a value of $806 in the market. Now tell me, did the person receiving that gold coin value it at $50 or at the $806 dollars. Furthermore, when the person who was paid that gold coin he would have to cash it in to receive that $806 dollars, hmmm a capital gain.

So while Kahre was not paying any taxes, his employees were forced to pay taxes on their capital gains. Since they are not holding the money for 366 days, they pay a much higher rate than they would if they were actually paid in dollars.

And people complain about corporations being greedy, here we see the ultimate greed meiser. He pays no taxes into the system for employees, yet his employees are forced to pay a higher percentage. What a noble man.

dmk