Posted on 02/22/2021 12:45:11 PM PST by amorphous
It says in the Constitution how to assay a gold bar someone bought in to pay taxes with? What part?
“ You give the clerk a silver bar worth $1000 for tax bill of $875. What do you get for change?L
Smaller pieces of silver. They’re called “quarters and dimes”. Maybe you’ve heard of them.
Geez, some people around here are really, really stupid.
L
And above that, there is the prohibition of states "coining" money.
Most they can do now, is stop taxing sales of gold and silver within their state, according to how I read it.
I don't like it, but isn't that what the Constitution says?
You’re either really dumb or deliberately obtuse.
Personally I’m going with option A.
L
So that means all offices and businesses have to have enough gold and silver bullion coins to make change with. How about thinking first before spouting off some snarky stupid.
Try reading the whole thing sometime.
“Congress shall have the power to COIN money AND to regulate the value thereof.”
Them Founders were some pretty smart fellers.
L
“So that means all offices and businesses have to have enough gold and silver bullion coins to make change with.
Congratulations! You get it.
You can have a cookie.
L
Them Founders were some pretty smart fellers.
Okay, I agree with ALL that. But, I'm missing the part where states can "coin" money. To coin money, some value has to be attached. I forgit what the face value of my gold eagles are, let's just say $50. I'm not paying my land tax with those at $50 each.
Well...I learned today that the gmae Monopoly is racist, so there!
“But, I’m missing the part where states can “coin” money.”
They can’t. Go READ the Constitution. The Framers laid it our very clearly in black and white.
Geez....
L
So genius, tell everyone what the value of those bullion coins will be that they make change with. Let’s start with a $10 dollar gold coin.
They make bullion quarters and dimes? You learn something new from geniuses every day.
“They make bullion quarters and dimes?”
They did until 1964. 90% silver. Today they make 1/4 oz and 1/10 oz rounds, .999 fine in both silver and gold.
Idiot.
L
“Let’s start with a $10 dollar gold coin.”
I’ll take “10 dollars” for a thousand, Alex.
Idiot.
L
“ How did they pay taxes when gold and silver were money? Oh, that’s right, they didn’t.”
****************&
Will be interesting to see how Bitcoin will be taxed.
I posted part of it.
And neither can the states make anything legal tender, except the gold and silver "coin", that being US minted government coins.
However, what's to keep states from accepting chickens, if they want, for payment of taxes, etc...
What's to keep businesses from doing the same?
Basically, it would seem, states aren't allowed by the Constitution to force anyone to use money they themselves deem to be money.
Other than that, what restrictions are there for states and individuals to use whatever form of payment they desire for their own services as rendered?
If Congress, the Judiciary, and Executive branch can get creative in establishing a health insurance tax, surely the fifty states and 300 million Americans can get creative in finding others things of value for use in transactions?
“However, what’s to keep states from accepting chickens, if they want, for payment of taxes, etc...”
Um, the Constitution. Once again, it’s right there in black and white. Go see if you can find it.
L
Huzzah!
You have it all figured out. We just make believe it's 1964 or before. What a plan.
Today they make 1/4 oz and 1/10 oz rounds, .999 fine in both silver and gold.
What are the value of those, if a state agency gives you one as change?
You get no change. They apply it to your NEXT tax bill.
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