Ron Paul visited the Arizona state Senate Committee on Finance on Wed. March 8, 2017 to testify in support of what he called a \"very important\" honest money bill, HB2014. <\/p>\n
\"If you want to have liberty and limit the size of government, you have to have honest money,\" said Paul. <\/p>\n
The proposed legislation would treat gold and silver as they should be under the Constitution - that is, as money. In doing so, the state would no longer tax \"capital gains\" on the exchange of federal reserve notes for gold\/silver and vice versa. <\/p>\n
\"We ought not to tax money - and that's a good idea. It makes no sense to tax money,\" said Paul. <\/p>\n
Passage into law would remove a major roadblock in the way of gold and silver being used by everyday people. As Paul noted, the legislation would be \"legalizing competition in a constitutional fashion.\" <\/p>\n
The bill had previously passed the state House and after Paul's testimony, passed the Senate committee by a 4-3- vote. It will now need to pass the Senate rules committee and the full Senate before heading to the Governor's desk. <\/p>\n
Similar legislation is up for consideration in 2017 in Maine, Idaho, Alabama, Texas, and elsewhere. <\/p>\n
Thank you to the Arizona chapters of both the Campaign for Liberty and Tenth Amendment Center for all their work. <\/p>\n
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\nRon Paul: Testimony in Support of Arizona Honest Money Bill, HB2014 - SilverSeek.com<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"