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<p>[QUOTE=&quot;Suzanne1, post: 1996262, member: 72404&quot;]I began this thread to discuss the need to abolish taxes if gold is used as currency.&nbsp; Here is a quote from Dr. Ron Paul:</p><p><br /></p><p><span style="color: #333333"><font face="verdana"><font size="3">&quot;I&#039;ve been asked so many times about what we should do with the system now. If I don&#039;t like the paper money and I don&#039;t like the Federal Reserve, what would I do. And it generally is I wouldn&#039;t get rid of the Federal Reserve in one day, because it would be very very chaotic. But I would like to fully legalize competition in currencies. And I think some of these currencies have .. or gold has trouble in really developing, getting people to use them, because the tax collectors can still come. If you&#039;re using gold coins and your gold coins go from 300 dollars a coin to 400 dollars a coin, you could be taxed on the appreciation of that if you sell those coins and put it into paper. So, you have to eliminate all taxes. Sales taxes and capital gains taxes on gold coinage if we want to do anything to encourage the use of gold as a competing currency.&quot;</font></font></span></p><p><br /></p><p><span style="color: #333333"><font face="verdana"><font size="3">Ron Paul during an interview with PlanetGold.com archived </font></font></span><a href="http://web.archive.org/web/20030216104526/planetgold.com/interview.asp?SPID=96816677" target="_blank" class="externalLink ProxyLink" data-proxy-href="http://web.archive.org/web/20030216104526/planetgold.com/interview.asp?SPID=96816677" rel="nofollow">here</a><span style="color: #333333"><font face="verdana"><font size="3">.</font></font></span>[/QUOTE]</p><p><br /></p>

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