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.

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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.

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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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Utah Bill Would Set Stage For State Gold and Silver Depository, Further Encourage Use of Metals as Money

SALT LAKE CITY, Utah (Feb. 1, 2017) – A bill introduced in the Utah legislature would build on the state’s Legal Tender Act, creating a foundation for further action to encourage the use of gold and silver as money, and take another step toward breaking the Federal Reserve’s monopoly on money.

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Virginia House Votes 99-0 to Pass Bill that Would Help Support Sound Money

RICHMOND, Va. (Jan. 30, 2017) – A Virginia bill that would remove sales taxes from some purchases of gold and silver unanimously passed the House last week. The legislation would take an important first step toward encouraging its regular use as currency and breaking the Federal Reserve’s monopoly on money.

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