Idaho House of Representatives Votes Overwhelmingly to Remove Income Taxation from Precious Metals
March 14th, 2017 • By an overwhelming 56-13 margin, the Idaho House of Representatives has voted to end all Idaho taxation on precious metals, e.g. gold and silver coins and bars.
Maine Law Would Support Ownership of Sound Money
March 8th, 2017 • A freedom-minded Maine legislator has introduced a proposal to remove sales tax on precious metals purchases, removing a disincentive for individuals to protect themselves against the disastrous effects of the Federal Reserve bank.
Sound Money Is Rising at the State Level
March 7th, 2017 • Inflation is the most pernicious of taxes levied by our government. Officials systematically devalue the Federal Reserve Note “dollar,” then levy capital gains taxes on assets when their dollar price rises.
Idaho Bill Would End Taxation of Gold and Silver
February 24th, 2017 • The Framers of our nation established that gold and silver are money, but federal taxing authorities in recent decades have required taxpayers to pay taxes on this form of money when its exchange for Federal Reserve Notes results in nominal capital “gai
Alabama Bill Would Help Encourage Use of Gold and Silver as Currency
February 22nd, 2017 • A bill introduced in the Alabama House last week would remove sales taxes from the purchase of gold and silver, encouraging its use and taking the first step toward breaking the Federal Reserve’s monopoly on money.
Tenth Amendment Center: Taking on the Federal Reserve
February 21st, 2017 • Featuring Sound Money Defense League's work on steps states can take to promote sound money, the Tenth Amendment Center released an episode of their series, Nullify, focusing on the Federal Reserve
Arizona House Passes Bill to Support Sound Money
February 15th, 2017 • An Arizona bill that would eliminate state capital gains taxes on gold and silver specie, and encourage its use as currency, passed the House today. Final approval of the legislation would help undermine the Federal Reserve’s monopoly on money.
When Government Acts, “Unintended Consequences” Follow
February 7th, 2017 • In 1850, French economist Frédéric Bastiat published an essay that is misunderstood, or more often, unread, titled, “That Which is Seen, and That Which is Not Seen.” Bastiat brilliantly introduced the idea of opportunity cost and, through the parabl
Utah Bill Would Set Stage For State Gold and Silver Depository, Further Encourage Use of Metals as Money
February 6th, 2017 • A bill introduced in the Utah legislature would build on the state’s Legal Tender Act, creating a foundation for further action to encourage the use of gold and silver as money, and take another step toward breaking the Federal Reserve’s monopoly on m
Virginia House Votes 99-0 to Pass Bill that Would Help Support Sound Money
January 31st, 2017 • A Virginia bill that would remove sales taxes from some purchases of gold and silver unanimously passed the House last week. The legislation would take an important first step toward encouraging its regular use as currency and breaking the Federal Reserve
Breaking News Headlines
- Ruining the Money
- The Re-Emergence and Death Knell of Century Bonds
- Alabama Reaffirms Gold and Silver As Legal Tender
- WATCH: Gold’s Historic Race to Reclaim Role as Preeminent Reserve Currency
- The Coinage Act of 1792: Then and Now
- Three Kentucky Citizens and America’s Top Precious Metals Retailer Sue Gov. Andy Beshear for Illegal Sales Tax Seizures
- Kentucky Governor Vetoes Gold Bill, Legislature Expected to Override
- Idaho Reaffirms Gold and Silver As Legal Tender
- States Battle to Restore Gold and Silver
- Kentucky Legislature Repeals Sales Taxes on Gold and Silver, Encourages Lawsuits for Wrongful Taxation
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