Idle dreamer
"We're all just walking each other home." -Ram Dass
"Be a lamp, or a lifeboat, or a ladder."-Rumi
Kent
kent smith wrote:very interesting. we see some of this in the Amish community around us. I have to wonder how the IRS feels about all of this? I just keep what we do under the radar.
kent
"We're all just walking each other home." -Ram Dass
"Be a lamp, or a lifeboat, or a ladder."-Rumi
kent smith wrote:very interesting. we see some of this in the Amish community around us. I have to wonder how the IRS feels about all of this?
Idle dreamer
Tyler Ludens wrote:
kent smith wrote:very interesting. we see some of this in the Amish community around us. I have to wonder how the IRS feels about all of this?
The advantage of gifting and sharing is that it is not taxable, whereas barter may be taxable. Even quite large gifts of cash can be exchanged without any tax result to either the giver or the receiver. The difference between gifting/sharing and barter is that in gifting, there is no expectation of equal value return, whereas barter is generally accepted to mean an exchange of equal value. A gift economy is based on trust and mutual support, with no expectations except caring for each other.
"We're all just walking each other home." -Ram Dass
"Be a lamp, or a lifeboat, or a ladder."-Rumi
Idle dreamer
Tyler Ludens wrote:My 82 year old dentist father has recently been gifting some dentistry to a person in need. She needs a denture, he can help fit her for one, so he has been doing this even though he's had to drive a couple hours to her house and back to do it. He's just that kind of guy (an amazing guy, I think, but then I'm a bit biased
). She's not paying him anything for it, and I doubt he would accept anything "in return" though probably a nice glass of iced tea would be appreciated. If a person needs some dentistry and there's no friendly dentist in their group of friends, other non-dentist friends might gift some $ to help get the needed care. The key to a robust gifting economy is a lot of friends or a few really good ones.
"We're all just walking each other home." -Ram Dass
"Be a lamp, or a lifeboat, or a ladder."-Rumi
"A society grows great when old men plant trees whose shade they know they shall never sit in."
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