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Washington State proposed bill to make gold and silver legal tender
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<p>[QUOTE="medoraman, post: 1425021, member: 26302"]The real problem with proposals like this, if the people are serious and not just trying to get free political airtime, is that the taxes are levied in dollars. Since that is the case, accepting anything else, "I will pay in 15 grams of gold, 18 bales of cotton, 3 tons of corn, and 2 cows", is simply bartering for taxes. </p><p><br /></p><p>If they really wished to be serious, they would assess the taxes in grams of gold, and adjust how many dollars you had to pay them based on the current worth of dollars versus gold that day. That would accomplish what people here wish to accomplish, put the state on the gold standard.</p><p><br /></p><p>Anything short of assessing what you owe the state in grams of a PM is simply a dog and pony show wasting taxpayer resources.[/QUOTE]</p><p><br /></p>
[QUOTE="medoraman, post: 1425021, member: 26302"]The real problem with proposals like this, if the people are serious and not just trying to get free political airtime, is that the taxes are levied in dollars. Since that is the case, accepting anything else, "I will pay in 15 grams of gold, 18 bales of cotton, 3 tons of corn, and 2 cows", is simply bartering for taxes. If they really wished to be serious, they would assess the taxes in grams of gold, and adjust how many dollars you had to pay them based on the current worth of dollars versus gold that day. That would accomplish what people here wish to accomplish, put the state on the gold standard. Anything short of assessing what you owe the state in grams of a PM is simply a dog and pony show wasting taxpayer resources.[/QUOTE]
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Washington State proposed bill to make gold and silver legal tender
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