Fact Check: Gold And Silver Are NOT The Only 'Lawful' US Money; Federal Reserve Notes ARE Taxable
Fact Check
Are Federal Reserve notes -- commonly known as paper money -- just "obligations" and therefore exempt from taxes? And does the U.S. Constitution say gold and silver are the only form of "lawful money" to be used in paying debts? No, neither of those claims are true. The Constitution does not specify any particular form of currency, and under federal…