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Demint, Lee, Paul offer bill to begin restoring sound money
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<p>[QUOTE="Copper Head, post: 1214780, member: 26489"]The bill, modeled after the Utah Bill, would remove taxes, including capital gains, sales and income taxes, on the coins. It only addresses gold and silver coins declared legal tender by the US government (for now). It's not meant to declare the coins as legal tender because they already are. It seeks to end the treatment of legal tender as a commodity such as wheat or pork bellies. I believe these legislators see the importance of an ultimate return to a gold and silver standard to restore a sound currency to the US. This bill is intended as a first step, not the endpoint.</p><p><br /></p><p><a href="http://constitutionaltender.blogspot.com/2011_06_01_archive.html" target="_blank" class="externalLink ProxyLink" data-proxy-href="http://constitutionaltender.blogspot.com/2011_06_01_archive.html" rel="nofollow">Read more here.</a>[/QUOTE]</p><p><br /></p>
[QUOTE="Copper Head, post: 1214780, member: 26489"]The bill, modeled after the Utah Bill, would remove taxes, including capital gains, sales and income taxes, on the coins. It only addresses gold and silver coins declared legal tender by the US government (for now). It's not meant to declare the coins as legal tender because they already are. It seeks to end the treatment of legal tender as a commodity such as wheat or pork bellies. I believe these legislators see the importance of an ultimate return to a gold and silver standard to restore a sound currency to the US. This bill is intended as a first step, not the endpoint. [URL="http://constitutionaltender.blogspot.com/2011_06_01_archive.html"]Read more here.[/URL][/QUOTE]
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Demint, Lee, Paul offer bill to begin restoring sound money
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