Now in Effect: Virginia Law Takes Another Step Toward Treating Gold and Silver as Money

Today, a law extending and expanding a sales tax exemption on the sale of gold and silver bullion and coins goes into effect. The exemption relieves some of the tax burdens on investors, and it also eliminates one barrier to using gold and silver in everyday transactions, a foundational step for people to undermine the Federal Reserve’s monopoly on money.

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Now in Effect: Alabama Law Bans Enforcement of Federal Gun Control by Executive Order

The law prohibits any official, officer, employee, or agent of the state or a  political subdivision of the state from enforcing or administering any executive order issued by the president that “limits or restricts the ownership, use, or possession of firearms, ammunition, or firearm accessories by law-abiding residents of the state.” The bill also bans the expenditure of state or local funds for the enforcement of the same.

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Incorporation: Applying the Bill of Rights to the States

Incorporation – the legal doctrine whereby the Supreme Court applies the Bill of Rights to the states, was not part of the original, legal meaning of the Constitution. Instead, it arose out of the 14th Amendment, and the court first started applying it “selectively” in 1925.

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