Louisiana bans cash for second-hand transactions
 

Law Bans Cash for Second Hand Transactions - Acadiana's News Leader

The place needs an Occupy Baton Rouge movement. Though really, the only way to clean up the corruption in the place would be to resurrect Curtis LeMay and hire him as chief architect of Baton Rouge.

It's crazy. And it appears to apply to garage/tags sales, too. The pawn shop lobby must be pretty strong there. Big Pawn!

Or the bankster/instant-payment/PayPal lobby.

Or that little-doohicky-that-plugs-into-your-iPhone/smartphone-so-that-you-can-accept-credit-card-payments lobby.

Regardless, I hope this pig legislation gets tied up in the courts for years, and whoever wrote it gets hit by a karmic bus and dies screaming.

Pretty sad! The politicians just can't stand missing their tax money I guess.

All the above.

What about that little phrase printed on all US Currency that says, "This note is legal tender for all debts, public and private"?

GREAT point! You continue to prove to be like Tom Walgumuth as master of the obvious.

Thanks for what I consider to be quite a compliment.

You are FAST! As soon as I posted that, I edited it to reflect the current wording.

Heh!

Kindof rediculous. Of course I would never fail to report any income received on garage sale items!;)

I don't see how this will withstand scrutiny of the courts..

It doesn't sound like it would, but Southern Lousiana is something different.

I agree with MS Flowler on this. As our money is considered legal tender how can it be banned.

By the way, I think that pennies can be refused for any payment of over $10. This was to prevent people from showing up at the IRS with $150,000 worth of pennies.

However, if you wish to accept them you can.

AND..... Some years ago a friend of mine was told they had to go on Direct Deposit or they would not get paid. This decision was final.

Except that they were in Texas, and the law then was that a person could demand payment in any form they wished. This law was passed to prevent companies from paying with company script which was only good at the company store.

So they demanded payment in Gold. After the company lawyers looked into it the employee continued to receive a hard paycheck. Out of 65,000 employees this company had only two people, both in Texas, received a paycheck; the rest went on direct deposit.

this is a stupid, thoughtless law. As the article states, its to help law enforcement control sale of illegal goods like copper and household electronics by creating a paper trail.

I can't think of a better way to hamper legitimate business and personal transactions, while doing nothing effective to address the criminal problem. Great idea in a national economic recession.

LA will spend far more time and money trying to enforce this law with legitimate businesses than catching crooks in the act of selling stolen goods.

Reminds me of the reasoning behind prohibition.