Friday, December 31, 2010

State Rep. Pushes Bill Requiring Citizens to Pay Taxes in Silver and Gold Coins

Georgia state Rep. Bobby Franklin (R) has sponsored legislation to force the state to conduct all monetary transactions with U.S. gold or silver coins.

The "Constitutional Tender Act" argues that the Constitution "'provides that no state shall 'make any Thing but gold and silver Coin a Tender in Payment of Debts.'"

As such, the legislation continues:

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 . . .

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