Legal Tender Gold and Silver? This Will Get You a Prison Term.

Written by Gary North on March 29, 2012

Sometimes, Americans get the silly idea that the words “legal tender” on American coins mean legal tender. Then they try this stunt. They pay workers in silver coins at face value. This reduces the workers’ income tax bracket. The employer who tries this is risking a prison sentence. Variations of this story have been published […]

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