Economics 101-keep the Government out of the economy.
I you allow a parallel currency backed by real value, be it gold, silver, platinum or whatever, you cannot then tax the value of that money. Ergo, the income tax must go!
“The constitution allows for two types of taxation with specific rules that govern each specie of tax. A direct tax must be apportioned and indirect taxes must be uniform. I know if it’s a direct tax that the income tax is not apportioned and if it’s an indirect tax it’s not uniform.”
Not original but can’t recall where I got this quote. It says what we know is true, however.