Indiana resident Cary Malchow, protested Indiana’s rising property taxes by making his property tax payment in cash. Statewide, Indiana property taxes rose an average of 24% over the last year. Malchow paid over $12,000 in pennies, nickels, dimes, quarters, and dollar bills. The $12,000 covered only half the annual property taxes for his residence, business, and rental properties.
Yahoo! has a video segment and interview, and shows Malchow dragging the money through the halls of the county’s treasury department. On the Yahoo! video, he stated he would make his next payment in cash as well. The video also shows the county treasurer getting upset with Malchow and telling him to take it out of there and bring it back as a normal payment. He refused.
Apparently the county does not have any policy in place against payment in cash, so they were required to accept the payment. It took all three treasury office workers over an hour to count the cash by hand, while others waited in line. The treasury also had to hire a security guard to transport the cash.
Cash is legal tender for all debts public and private, so I’m pretty sure the county was required to accept the payment. This unorthodox payment did cause other problems for the county, as well. The county was not able to make its deposit Monday night and missed out on over $1,100 in interest!
Personally, I wouldn’t do anything along those lines, but sometimes a little civil disobedience goes a long way!
Note: Think twice about doing this for your taxes. Carrying around large sums of cash is not always the safest thing to do, and it if is lost or stolen, you have no recourse to recover your funds. 😉