Republican-Dominated Alabama House Kills Bill to Help Encourage Use of Gold and Silver as Currency

MONTGOMERY, Ala. (Jun. 9, 2017) – Alabama’s Republican-dominated House killed a bill that would have removed sales taxes from the sale of gold and silver, encouraging their use and taking the first step toward breaking the Federal Reserve’s monopoly on money. Rep. Lynn Greer (R-Rogersville) introduced House Bill 238 (HB238) in February. The legislation exempted the…

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To the Governor: Louisiana Bill Would Encourage Use of Gold and Silver as Money

BATON ROUGE, La. (June 6, 2017) – Today, the Louisiana House gave final approval to a bill that would exempt the sale and purchase of gold and silver from state sales and use taxes, encouraging their use and taking the first step toward breaking the Federal Reserve’s monopoly on money. Rep. Stephen Dwight (R) and…

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Tenther Tuesday Episode 19: Pushing Back Against Federal Surveillance, Education, Prohibition and More

Today is the 138th day the GOP has failed to repeal Obamacare. But while there is inaction in Congress on standing up for the Constitution, we’re seeing plenty of action in state legislatures across the country. In this week’s episode of Tenther Tuesday, Michael Boldin and Mike Maharrey talk about more bills moving forward to…

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To the Governor: Arizona Passes Bill to Treat Gold and Silver as Money

PHOENIX, Ariz. (May 10, 2017) – Today, the Arizona Senate gave final approval to a bill that would eliminate state capital gains taxes on gold and silver specie, and encourage its use as currency. If signed into law, the legislation would help undermine the Federal Reserve’s monopoly on money. Rep. Mark Finchem (R-Tucson) introduced House Bill…

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Texas Committee Passes Bill to Facilitate Operation of Bullion Depository

AUSTIN, Texas (May 1, 2017) – A Texas House committee has passed a bill that will facilitate the establishment and operation of the Texas Bullion Depository. Passage of the bill would take another step toward getting the depository fully operational, and facilitating the everyday use of gold and silver in financial transactions in the Lone…

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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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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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