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Unclaimed Property

NJ going after unused gift cards if you don’t use them in three years. Most states do this, actually, but the time frame is longer.

7 Responses to “Unclaimed Property”

  1. divemedic Says:

    The government today does not know what property rights are. Everything belongs to the collective, and they let you use whatever the collective doesn’t feel like using.

  2. dustydog Says:

    I was going to predict that we’d have mandatory gift card registration, but then I realized the states probably already have that (forcing the merchants to provide info).

  3. Crotalus Says:

    Line at the end: “At what point does taxation become piracy?”

    Oh, we’re WAY past that point!

  4. Jake Says:

    You know, I could swear I remember reading something in the Constitution that would make this kind of thing illegal.

    Oh, yeah:

    Amendment IV

    The right of the people to be secure in their persons, houses, papers, and effects, against unreasonable searches and seizures, shall not be violated, and no warrants shall issue, but upon probable cause, supported by oath or affirmation, and particularly describing the place to be searched, and the persons or things to be seized.

    That was it.

  5. Jake Says:

    Or here:

    Amendment V

    No person shall […] be deprived of life, liberty, or property, without due process of law; nor shall private property be taken for public use, without just compensation.

    That one seems to cover it, too.

  6. Roland the Headless Thompson Gunner Says:

    Yeah. Like, WTF?

  7. trackerk Says:

    Haha… you guys are so funny. The Constitution was written so long ago nobody knows what it says. All your base are belong to us.