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Lawmaker Proposes Paying Taxes only with pre 65 silver or gold coins

Georgia state Rep. Bobby Franklin (Tea Party Republican) has introduced the “Constitutional Tender Act,” which would require all transactions with the state of Georgia — including the payment of taxes — to be paid with U.S. minted gold or silver coins unless the state agrees to grant a special waiver for each transaction:

Pre-1965 silver coins, silver eagles, and gold eagles shall be the exclusive medium which the state shall use to make any payments whatsoever to any person or entity, whether private or governmental. Such coins shall be the exclusive medium which the state shall accept from any person or entity as payment of any obligation to the state including, without limitation, the payment of taxes; provided, however, that such coins and other forms of currency may be used in all other transactions within the state upon mutual consent of the parties of any such transaction.

http://thinkprogress.org/2010/12/29/georgia-gold/
Frank Provasek - PCGS Authorized Dealer, Life Member ANA, Member TNA. www.frankcoins.com

Comments

  • I guess that would let me out! all my gold and silver coins are from 2002-2011.
    Many successful BST transactions ajia
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  • derrybderryb Posts: 36,793 ✭✭✭✭✭
    they better get a bunch of these:

    image

    Can't send all that metal with a check or the computer!

    "Interest rates, the price of money, are the most important market. And, perversely, they’re the market that’s most manipulated by the Fed." - Doug Casey

  • Rooster1Rooster1 Posts: 381 ✭✭✭
    I really don't think that would work. For instance a dollar in silver coin is actually worth 20.00.
    Successful deals with:Ciccio-Nibanny, Wondercoin, Republicaninmass, Utahcoin, Abitofthisabitofthat, Doubleeagles59, Peaceman
  • derrybderryb Posts: 36,793 ✭✭✭✭✭
    How does someone that smart get to be a Representative. image

    "Interest rates, the price of money, are the most important market. And, perversely, they’re the market that’s most manipulated by the Fed." - Doug Casey

  • 57loaded57loaded Posts: 4,967 ✭✭✭
    i know of gold eagles and double eagles, but pre 65 "silver eagles"...my mind just falls to ASE's like 1986.

  • FrankcoinsFrankcoins Posts: 4,569 ✭✭✭


    << <i>How does someone that smart get to be a Representative. image >>



    Same lawmaker wants to eliminate drivers licenses as a violation of a God-given right.
    But look at how many people agree with him in the comments. Scary.

    Link
    Frank Provasek - PCGS Authorized Dealer, Life Member ANA, Member TNA. www.frankcoins.com
  • derrybderryb Posts: 36,793 ✭✭✭✭✭


    << <i>

    << <i>How does someone that smart get to be a Representative. image >>



    Same lawmaker wants to eliminate drivers licenses as a violation of a God-given right.
    But look at how many people agree with him in the comments. Scary.

    Link >>


    Georgia - next thing you know a peanut farmer will want to be president!

    "Interest rates, the price of money, are the most important market. And, perversely, they’re the market that’s most manipulated by the Fed." - Doug Casey

  • percybpercyb Posts: 3,324 ✭✭✭✭


    << <i>Georgia state Rep. Bobby Franklin (Tea Party Republican) has introduced the “Constitutional Tender Act,” which would require all transactions with the state of Georgia — including the payment of taxes — to be paid with U.S. minted gold or silver coins unless the state agrees to grant a special waiver for each transaction:



    http://thinkprogress.org/2010/12/29/georgia-gold/ >>




    Looks like your source has the information wrong. Are you talking about House Bill 1405? No such claims are made in that bill.
    "Poets are the unacknowledged legislators of the world." PBShelley
  • halfhunterhalfhunter Posts: 2,770 ✭✭✭


    << <i>How does someone that smart get to be a Representative. image >>



    I know . . .

    He should be President ! ! ! image

    image

    HH
    Need the following OBW rolls to complete my 46-64 Roosevelt roll set:
    1947-P & D; 1948-D; 1949-P & S; 1950-D & S; and 1952-S.
    Any help locating any of these OBW rolls would be gratefully appreciated!
  • KonaheadKonahead Posts: 1,476 ✭✭✭


    << <i>I really don't think that would work. For instance a dollar in silver coin is actually worth 20.00. >>




    That would be $29 today, and changes all the time. How would that work, they need to lock into some spot price. Can you imagine mailing in $5,000 in silver to pay your taxes! image
    PEACE! This is the first day of the rest of your life.

    Fred, Las Vegas, NV


  • << <i>

    << <i>How does someone that smart get to be a Representative. image >>



    I know . . .

    He should be President ! ! ! image

    image

    HH >>



    Yeah, cause some day some president is gonna get the idea to confiscate gold from American citizens..oh, wait...
  • Wolf359Wolf359 Posts: 7,656 ✭✭✭


    << <i>

    << <i>How does someone that smart get to be a Representative. image >>



    Same lawmaker wants to eliminate drivers licenses as a violation of a God-given right.
    But look at how many people agree with him in the comments. Scary.

    Link >>



    What's scary about it? Did you ever need a license to ride your own horse in the 1770's? Or ever? Of course not.

    It's moot though. Technology appears to be on the verge of cars that will be driverless, run by computer. No more endless traffic laws, 99% reduction in deaths/injuries, or safety issues. Wiki article
  • FrankcoinsFrankcoins Posts: 4,569 ✭✭✭


    << <i>

    << <i>Georgia state Rep. Bobby Franklin (Tea Party Republican) has introduced the “Constitutional Tender Act,” which would require all transactions with the state of Georgia — including the payment of taxes — to be paid with U.S. minted gold or silver coins unless the state agrees to grant a special waiver for each transaction:



    http://thinkprogress.org/2010/12/29/georgia-gold/ >>




    Looks like your source has the information wrong. Are you talking about House Bill 1405? No such claims are made in that bill. >>



    HB3.
    Frank Provasek - PCGS Authorized Dealer, Life Member ANA, Member TNA. www.frankcoins.com
  • Just a couple of reasons for seemingly outrageous legislative Bills:

    1. To have a starting point for negotiations on a subject Bill. A politician will go to an extreme one direction
    or another knowing the Bill will not pass in the initially presented form. Then negotiations take place
    and it possibly passes watered down with certain components that the politician who wrote the Bill
    wanted in the first place.

    2. To simply raise awareness and begin discussions of an issue for possible future legislation
    The fiat money and it's inherent problems are finally starting to be understood by the general
    population which in turn is reaching the ears of politicians.
    It is only recently that their constituents have began to raise the issue.
    And believe it or not, there are some politicians in Washington that are working for the good
    of the people that elected them, Both Democratic and Republican.
    The problem being they are more of a minority than either political party.

    Just My 2 Cents
  • percybpercyb Posts: 3,324 ✭✭✭✭


    << <i>Georgia state Rep. Bobby Franklin (Tea Party Republican) has introduced the “Constitutional Tender Act,” which would require all transactions with the state of Georgia — including the payment of taxes — to be paid with U.S. minted gold or silver coins unless the state agrees to grant a special waiver for each transaction:

    Pre-1965 silver coins, silver eagles, and gold eagles shall be the exclusive medium which the state shall use to make any payments whatsoever to any person or entity, whether private or governmental. Such coins shall be the exclusive medium which the state shall accept from any person or entity as payment of any obligation to the state including, without limitation, the payment of taxes; provided, however, that such coins and other forms of currency may be used in all other transactions within the state upon mutual consent of the parties of any such transaction.

    http://thinkprogress.org/2010/12/29/georgia-gold/ >>



    I hate to burst your balloon, but you should read the bill. Your source has corrupted what's stated in the bill with the direct intention of maligning Bobby Franklin. You call that "progress"? I call it deceit.
    "Poets are the unacknowledged legislators of the world." PBShelley


  • << <i>

    << <i>Georgia state Rep. Bobby Franklin (Tea Party Republican) has introduced the “Constitutional Tender Act,” which would require all transactions with the state of Georgia — including the payment of taxes — to be paid with U.S. minted gold or silver coins unless the state agrees to grant a special waiver for each transaction:

    Pre-1965 silver coins, silver eagles, and gold eagles shall be the exclusive medium which the state shall use to make any payments whatsoever to any person or entity, whether private or governmental. Such coins shall be the exclusive medium which the state shall accept from any person or entity as payment of any obligation to the state including, without limitation, the payment of taxes; provided, however, that such coins and other forms of currency may be used in all other transactions within the state upon mutual consent of the parties of any such transaction.

    http://thinkprogress.org/2010/12/29/georgia-gold/ >>



    I hate to burst your balloon, but you should read the bill. Your source has corrupted what's stated in the bill with the direct intention of maligning Bobby Franklin. You call that "progress"? I call it deceit. >>



    Also appropriate in "progressively" worse.
  • FrankcoinsFrankcoins Posts: 4,569 ✭✭✭


    << <i>Just a couple of reasons for seemingly outrageous legislative Bills:

    1. To have a starting point for negotiations on a subject Bill. A politician will go to an extreme one direction
    or another knowing the Bill will not pass in the initially presented form. Then negotiations take place
    and it possibly passes watered down with certain components that the politician who wrote the Bill
    wanted in the first place.

    2. To simply raise awareness and begin discussions of an issue for possible future legislation
    The fiat money and it's inherent problems are finally starting to be understood by the general
    population which in turn is reaching the ears of politicians.
    It is only recently that their constituents have began to raise the issue.
    And believe it or not, there are some politicians in Washington that are working for the good
    of the people that elected them, Both Democratic and Republican.
    The problem being they are more of a minority than either political party.

    Just My 2 Cents >>



    I thought Republicans promised to focus on jobs jobs jobs.

    Frank Provasek - PCGS Authorized Dealer, Life Member ANA, Member TNA. www.frankcoins.com
  • FrankcoinsFrankcoins Posts: 4,569 ✭✭✭


    << <i>

    << <i>Georgia state Rep. Bobby Franklin (Tea Party Republican) has introduced the “Constitutional Tender Act,” which would require all transactions with the state of Georgia — including the payment of taxes — to be paid with U.S. minted gold or silver coins unless the state agrees to grant a special waiver for each transaction:

    Pre-1965 silver coins, silver eagles, and gold eagles shall be the exclusive medium which the state shall use to make any payments whatsoever to any person or entity, whether private or governmental. Such coins shall be the exclusive medium which the state shall accept from any person or entity as payment of any obligation to the state including, without limitation, the payment of taxes; provided, however, that such coins and other forms of currency may be used in all other transactions within the state upon mutual consent of the parties of any such transaction.

    http://thinkprogress.org/2010/12/29/georgia-gold/ >>



    I hate to burst your balloon, but you should read the bill. Your source has corrupted what's stated in the bill with the direct intention of maligning Bobby Franklin. You call that "progress"? I call it deceit. >>



    Please point out what is misrepresented in the Think Progress article. The original bill is Here
    Frank Provasek - PCGS Authorized Dealer, Life Member ANA, Member TNA. www.frankcoins.com
  • Frank,

    I truly appreciate you point of view on a variety of the discussions here.
    You have a good amount of knowledge where Washington is concerned

    Part of the point I was trying to make is except for a very few politicians
    in Washington today the only place that there is a difference between
    Democrat and Republican in in front of a Camera or in the Press
    With the message that they are trying to use in reaching the different population
    segments to get elected or re-elected.
    After the election cycle is past there is very close to zero difference
    in the way work gets done in either party.

    The easiest way to control a population is to separate them into two camps
    and have them argue amongst themselves and make issues that are
    of little real importance into huge issues that the population will
    argue about. While the legislators pass very quietly legislation
    that actually changes the Country without the population
    even knowing it has happened most of the time.
    And when they do find out it is too late and the
    media machine is put into play to spin it to make
    people believe it is actually a good thing.
  • percybpercyb Posts: 3,324 ✭✭✭✭


    << <i>

    << <i>

    << <i>Georgia state Rep. Bobby Franklin (Tea Party Republican) has introduced the “Constitutional Tender Act,” which would require all transactions with the state of Georgia — including the payment of taxes — to be paid with U.S. minted gold or silver coins unless the state agrees to grant a special waiver for each transaction:

    Pre-1965 silver coins, silver eagles, and gold eagles shall be the exclusive medium which the state shall use to make any payments whatsoever to any person or entity, whether private or governmental. Such coins shall be the exclusive medium which the state shall accept from any person or entity as payment of any obligation to the state including, without limitation, the payment of taxes; provided, however, that such coins and other forms of currency may be used in all other transactions within the state upon mutual consent of the parties of any such transaction.

    http://thinkprogress.org/2010/12/29/georgia-gold/ >>



    I hate to burst your balloon, but you should read the bill. Your source has corrupted what's stated in the bill with the direct intention of maligning Bobby Franklin. You call that "progress"? I call it deceit. >>



    Please point out what is misrepresented in the Think Progress article. The original bill is Here >>



    Thinkprogress can't think clearly, to be sure.
    "Poets are the unacknowledged legislators of the world." PBShelley
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