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Idaho State Treasurer will Give the option of paying State taxes with the SILVER
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In accordance with industry accepted best practices we ask that users limit their copy / paste of copyrighted material to the relevant portions of the article you wish to discuss and no more than 50% of the source material, provide a link back to the original article and provide your original comments / criticism in your post with the article.
[quote:Anonymous Coward 994094:MV8xMjA3Nzc1XzE5NjIyOTQ4XzQwOEI2NjhF] [quote:Ricfly52] When I think about the OPs first post, at first I think maybe this is a good idea. And it would be IF you trust government. Idahos government is just like any other. It has to be monitored every second. Turn your head and they will screw you. Perhaps this is a way to wrangle precious metals out of the hands of citizens. I mean, get behind in your taxes, you haven't worked for a year, huum you decide to dump that $1500 in silver you have so you can keep your property. I dunno. [/quote] Ur dumb get a clue they want to protectntheir budget from fed monetization hyperinflation.... However I wouldn't spend solver just spend dollars Save silver [/quote]
Original Message
Silver Shines as an Economic Solution
Cassandra Anderson
MORPHcity
September 30, 2020
Idaho State Representative Phil Hart authored the Idaho State Silver Gem Act earlier this year which allows for the Idaho State Treasurer to issue silver medallions and make them available to the public; people may use them for any purpose they want and will have the option of paying their State taxes with the silver. The benefits of the Silver Gem Act are:
• Silver can be used as an alternative currency, outside of the banking system
• Jobs will be created in the metal refining industry in Idaho
• Silver- and gold- are a protection against inflation for both the public and Idaho State
The Idaho Silver Gem Act serves as a model that other states and local governments can use. If the bill passes, people can use silver with confidence because the government of Idaho will accept it, too. The Idaho Silver gem Act will also help to prevent possible federal precious metal confiscation.
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