Now in Effect: Virginia Law Takes First Step to Support Sound Money

RICHMOND, Va. (Jan. 7, 2018) –  On Jan. 1, a Virginia law that repeals sales taxes from some purchases of gold and silver went into effect. It represents an important first step toward encouraging its regular use as currency and breaking the Federal Reserve’s monopoly on money. A bipartisan coalition of delegates and senators sponsored House…

Continue ReadingNow in Effect: Virginia Law Takes First Step to Support Sound Money

Virginia Bill Would Take a Step Towards Supporting Sound Money

RICHMOND, Va. (Dec. 30, 2016) – A Virginia bill prefiled for the 2017 session would remove sales taxes from some purchases of gold and silver, a first step towards encouraging its regular use as currency and breaking the Federal Reserve’s monopoly on money. Sen. Frank Wagner (R-Virginia Beach) prefiled Senate Bill 934 (SB934) this week. The…

Continue ReadingVirginia Bill Would Take a Step Towards Supporting Sound Money