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UTAH TO ALLOW TAX PAYMENTS IN GOLD/SILVER

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UTAH TO ALLOW TAX PAYMENTS IN GOLD/SILVER

Postby panther » Thu Mar 03, 2011 8:56 pm

http://www.foxnews.com/politics/2011/03 ... ver-coins/


move to utah, bring my stack?
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Re: UTAH TO ALLOW TAX PAYMENTS IN GOLD/SILVER

Postby BamaJoe » Thu Mar 03, 2011 9:19 pm

Sure they will take my pretty glittering stuff, but I want them to pay OUT in pm's instead of paper.
If you are waiting for the "correction" to buy you need to realize that the increasing prices ARE the correction.


$100 Silver soon coming to a location near you.
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Re: UTAH TO ALLOW TAX PAYMENTS IN GOLD/SILVER

Postby sparechange » Thu Mar 03, 2011 9:33 pm

Sounds as if Utah has discovered the value of fiat. :o
Always drink upstream from politicians, they tend to foul things up.
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Re: UTAH TO ALLOW TAX PAYMENTS IN GOLD/SILVER

Postby Thogey » Thu Mar 03, 2011 10:07 pm

How nice of them! Soon they will DEMAND payment in PMs.

Of course the gubmint recognizes the weakness of fiat, they created it.

I too will accept payment in gold and silver.
If I have the gift of prophesy, and know all mysteries and all knowledge, and if I have all faith, so as to move mountains but do not have love I am nothing. And if I give all my possessions to feed the poor, and if I surrender my body to be burned but do not have love it profits me nothing.
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Re: UTAH TO ALLOW TAX PAYMENTS IN GOLD/SILVER

Postby AGgressive Metal » Thu Mar 03, 2011 10:18 pm

Why would you ever pay taxes in gold unless they artificially over-valued it?
And he that hath lyberte ought to kepe hit wel
For nothyng is better than lyberte
For lyberte shold not be wel sold for alle the gold and syluer of all the world
-Aesop's Fables, Caxton edition 1484

http://stores.ebay.com/commonwealthcurrency
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Re: UTAH TO ALLOW TAX PAYMENTS IN GOLD/SILVER

Postby Morsecode » Thu Mar 03, 2011 10:30 pm

I'd be interested in seeing how that works out. What's the taxpayer's incentive? And what uniformed bureacrat is handling the exchange rate?
From hence ye beauties undeceived, know one false step is ne'er retrieved
and be with caution bold.
Not all that tempts your wandering eyes and heedless hearts is lawful prize,
nor all that glistens gold.
- Thomas Gray, 1747
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Re: UTAH TO ALLOW TAX PAYMENTS IN GOLD/SILVER

Postby Delawhere Jack » Thu Mar 03, 2011 11:10 pm

The story was slanted to deride the whole concept. The only thing they mention as a possible use for gold in transactions is paying your taxes. I haven't read the legislation, but I'm certain that was NOT the primary impetus for it's introduction.

Those crafty BASTARDS, BASTARDS, BASTARDS at Faux News (they are just as bad as every other MSM outlet, don't kid yourself otherwise), have succeeded in shifting the argument from sound money to taxes. A pox on all of them.
I've gone Galt. Obama and all the other commie's can kiss my a....
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