Minnesota Bill Would Expand Sales Tax Exemption on Gold and Silver; Take Another Step Toward Treating Them as Money

A bill introduced in the Minnesota House would expand the sales tax exemption on gold and silver to include bullion coins. The passage of this bill would relieve some of the tax burdens on investors, and would also eliminate another 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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Alabama Bill Would Encourage Use of Gold and Silver as Money

MONTGOMERY, Ala. (Jan. 16, 2017) – A bill filed in the Alabama Senate would exempt the sale of gold and silver bullion from state sales and use tax, encouraging its use and taking the first step toward breaking the Federal Reserve’s monopoly on money. Sen. Tim Melson (R-Florence) introduced Senate Bill 156 (SB156) on Jan. 11. The…

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