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Sound Money News

Iowa Seeks to End Capital Gains Taxes on Gold and Silver

February 15th, 2023 • With inflation raging across America, an Iowa lawmaker seeks to end one of the strongest disincentives to owning and using gold and silver: capital gains taxes.

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Mississippi Bill Would End All Taxes on, Invest State Funds in, Gold & Silver

February 14th, 2023 • A lawmaker in Mississippi introduced legislation yesterday that would prompt the state to invest a small portion of state funds in gold and silver, as well as eliminate sales and income tax liabilities on the monetary metals.

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Kentucky Lawmakers Aim to End Sales Taxes on Sound Money

February 9th, 2023 • With new legislation introduced today, lawmakers in Kentucky are seeking to end the state’s controversial practice of imposing sales taxes on all purchases of precious metals.

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Missouri Senate Votes to End Income Taxes on Gold and Silver, Hold Monetary Metals in Reserve

February 9th, 2023 • The Missouri Senate today passed legislation that would prompt the state treasurer to hold at least 1% of state funds in gold and silver while eliminating all state income taxes on monetary metals.

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Legislators Seek Repeal of Wisconsin’s Controversial Sales Tax on Gold and Silver

February 4th, 2023 • A large bipartisan contingent of Wisconsin legislators seek to end Wisconsin’s controversial practice of levying sales tax on purchases of gold and silver.

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Wyoming Senate Votes to Hold, Invest, and Receive Tax Payments in Gold and Silver

February 2nd, 2023 • The Wyoming State Senate voted today to a pass a bill prompting the Wyoming state treasurer to hold gold and silver “specie” to protect the state – as well as establish a process to receive certain tax payments in specie.

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Gold Market Isn't Buying Powell's 'Disinflation' Declaration

February 2nd, 2023 • According to Federal Reserve chairman Jerome Powell, disinflation is now taking hold. Yes, the very same person who had to walk back his ridiculous pronouncements in 2021 and 2022 that inflation was "transitory" now wants us to believe that inflation is

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Central Banks Turn to Gold as Losses Mount

January 24th, 2023 • In 2022, central banks will have purchased the largest amount of gold in recent history. According to the World Gold Council, central bank purchases of gold have reached a level not seen since 1967. Why are global central banks adding gold to their reserv

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The Trillion-Dollar Coin Idea Is Just Another Way to Rip Us Off

January 23rd, 2023 • Debt ceiling debates always end the same way. Congress ends up increasing the debt ceiling and the US's national debt continues to spiral upward.

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High Profile Sound Money Bills Introduced in Mississippi

January 16th, 2023 • Several measures have been introduced in Jackson to exempt gold and silver coins, bars, and rounds, from Mississippi's state sales tax

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