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Idaho legislator wants option of paying state taxes with silver, gold.
Byline: Josh Wright
Jan. 17--BOISE, Idaho -- If one North Idaho lawmaker has his druthers, Idaho residents will be able to pay state taxes with gold and silver.
"A lot of people are putting gold and silver in their portfolios right now," said Rep. Dick Harwood, R-St. Maries. "It makes sense to broaden the uses of them."
With the weakening dollar, Harwood is one of a number of state legislators around the country working on similar gold and silver legislation. He and others want to base currency on "sound money," or money that has intrinsic value. The dollar, on the other hand, is a federal note based on debt, he said.
Gold and silver, …
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Source: HighBeam Research, Idaho legislator wants option of paying state taxes with silver, gold.
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