Now in Effect: Arizona Law Treats Gold and Silver as Money
PHOENIX, Ariz. (Aug 9, 2017) – Today, an Arizona law went into effect that eliminates state capital gains taxes on gold and silver specie, encouraging its use as currency. The new law can help undermine the Federal Reserve’s monopoly on money. Rep. Mark Finchem (R-Tucson) sponsored House Bill 2014 (HB2014). The legislation eliminates state capital gains…