Idaho House Passes Bill to Support Sound Money, Undermine Federal Reserve Monopoly

BOISE, Idaho (March 14, 2017) – Today, the Idaho House passed a bill that would eliminate state capital gains taxes on gold and silver specie, and encourage its use as currency. Final approval of the legislation would help undermine the Federal Reserve’s monopoly on money. House Majority Leader Mike Moyle introduced House Bill 206 (H206) on…

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Bills to Promote Sound Money Moving In Several States

“It makes no sense to tax money.” Dr. Ron Paul summed it up perfectly during a recent Arizona Senate committee hearing on a bill that would eliminate state capital gains taxes on gold and silver specie, and encourage its use as currency. House Bill 2014 (HB2014) passed the Senate Finance Committee by a 4-3 vote…

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Maine Bill Would Encourage use of Gold and Silver as Currency

AUGUSTA, Maine (March 8, 2017) – A bill introduced in the Maine legislature would eliminate the sales tax on precious metals purchases, removing a powerful disincentive for individuals to protect themselves against the disastrous effects of the Federal Reserve. Sen. Eric Brakey (R-Androscoggin), with a bipartisan coalition of four cosponsors, introduced Senate Bill 664 (LD664)…

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Arizona Committee Passes Bill to Treat Gold and Silver as Money, Remove Capital Gains Taxes

PHOENIX, Ariz. (Mar. 8, 2017) – Today, an Arizona Senate Committee passed a bill that would eliminate state capital gains taxes on gold and silver specie, and encourage its use as currency. Final approval of the legislation would help undermine the Federal Reserve’s monopoly on money. Former US Rep. Ron Paul testified today in the Senate Finance…

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Idaho Committee Passes Bill to Support Sound Money, Undermine Federal Reserve Monopoly

BOISE, Idaho (March 7, 2017) – An Idaho bill that would eliminate state capital gains taxes on gold and silver specie, and encourage its use as currency, passed an important House committee last week. Final approval of the legislation would help undermine the Federal Reserve’s monopoly on money. House Majority Leader Mike Moyle introduced House…

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Texas Proposal Would Include the Right to Sound Money and Bitcoin in the State Constitution

AUSTIN, Texas (March 7, 2017) – A joint resolution introduced in the Texas House proposes a state constitutional amendment to guarantee the right to own, hold and use any mutually agreed upon medium of exchange. Passage of the bill would take another step toward undermining the Federal Reserve’s monopoly on money. Rep. Matt Schaefer (R-Tyler)…

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Idaho Bill Would Support Sound Money, Undermine Federal Reserve Monopoly

BOISE, Idaho (Feb. 24, 2017) – A bill introduced in the Idaho House would eliminate state capital gains taxes on gold and silver specie, and encourage its use as currency. Final approval of the legislation would help undermine the Federal Reserve’s monopoly on money. House Majority Leader Mike Moyle introduced House Bill 206 (H206) on…

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