PLEASE HELP pass Arizona’s HB2173 making gold and silver legal tender in Arizona by contacting Gov. Ducey to get behind the Arizona Legislature and SIGN THE BILL INTO LAW! http://www.azleg.gov/legtext/52leg/1r/bills/hb2173h.pdf
BACKGROUND
More than 15 states are in the process of re-establishing precious metals currency as an option to Federal Reserve Notes for payment of debts, goods and services.
Right now, if we use silver coin specified in the U.S. Constitution to pay for gasoline, we would have to pay an erroneous additional tax on the transaction in addition to state sales tax as though we “profited” from the sale of silver which we bought years ago at a lower price in DOLLARS.
The Dollar greatly changes value, but not the silver. This is why the Founders of our great nation specified using precious metal-backed currencies instead of paper money printed without anything you can exchange it for at the bank.
Utah and Oklahoma already passed this law and Arizona passed this March 2015 for the second time in. This is happening across the nation; Arizona’s bill is waiting for the governor to sign it into law. Gov. Ducey needs to hear from YOU.
TAKE ACTION
Please email and call to leave messages to Gov. Doug Ducey at (602) 542-4331 (press 2 to leave a message) and ask those in your email and phone circle of friends to do so.
Website is www.azgovernor.gov and click on “engage” and follow instructions for email messages.
http://azgovernor.gov/governor/form/contact-governor-ducey
TALKING POINTS TO USE:
- HB2173 was passed nearly unanimously by the majority party in both Arizona Houses. By signing it into law, Gov. Ducey has the opportunity to bring Arizona into compliance with Article 1, Section 10, clause 1 of the U.S. Constitution, and to help bring financial solvency to many who wish to voluntarily use gold and silver as money.
- One of the functions of the State of Arizona is to protect the liberty of its citizens. We cannot have liberty without private property rights being protected. And private property rights cannot be protected without sound money that maintains its purchasing power over centuries and even millennia. This is why our Country’s Founders stipulated gold and silver coin as tender within the Constitution.
- To facilitate this compliance, HB 2173 offers Arizona citizens a choice of tendering gold and silver without the debilitating obstruction of taxation as property – which prevents its use as money. Thus, if a private citizen saves gold and silver for retirement then years later he or she will still be able to purchase approximately the same goods with it as he could when he started saving.
- This of course cannot be said for the constantly diminishing purchasing power of our current Federal Reserve Notes. Thus HB2173 is a way out for Arizonans in the very likely case that the Federal Reserve Note fails when found worthless due to inflation and the crushing weight of the national debt.
- To veto this bill would also be violating the U.S. Constitution Article 1, Sec. 10, Clause 1 provision that “No State shall…pass any…Law impairing the obligation of contracts…”
- Current federal and state capital gains taxes impair Arizonans’ free use of constitutional money, if they wish, as a contract between two or more law-abiding citizens.
IS THE BILL REVENUE NEUTRAL, REVENUE NEGATIVE, OR REVENUE POSITIVE to the State?
- This requirement of all bills must be met. If the State of Arizona would be taking any meaningful loss in revenue by cancelling its 3% capital gains tax, we could not find any figures from the State Treasurer’s office or the Dept. of Revenue to show it! It’s not even traceable!
- When it becomes law in Arizona, HB2173 will do exactly the opposite in the long run – that is, it will be revenue positive by bringing in business. People will begin to recognize that Arizona’s money is real and that it is not subject to inflationary loss in buying power as is the Federal Reserve Note. This will result in financial stability among those who choose to contract, invest or trade by using gold and silver. Arizona especially will benefit from this proven stability against inflation.
Choice in currency is a natural right recognized in both the U.S. and Arizona Constitutions. Let’s make this choice today. CALL OR EMAIL GOV. DUCEY TODAY and let him know if you are a PC!