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Sound Money News

Will 2022 Be “The Year of Sound Money” in the States?

January 19th, 2022 • Building on the success enjoyed by sound money advocates in Arkansas and Ohio last year, more than a half dozen states are now considering legislation that rolls back discriminatory taxes and regulations on the sale, use, and purchase of gold and silver.

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Hawaii Expected to Continue Effort From 2021 Session, Eliminate Taxes on Sound Money

January 14th, 2022 • After an abrupt ending to the 2021 Hawaii Legislative Session, legislators in the Ahola State aim to pick up where they left off and eliminate the state tax on constitutional sound money

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Tax Free Gold and Silver In the Volunteer State in 2022?

January 14th, 2022 • After years of several stymied pro-sound money efforts, legislators in Tennessee are feeling confident that 2022 will be the year when citizens can protect their savings without being taxed for purchasing gold and silver

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New Jersey to Consider Ending Taxes on Precious Metals

January 14th, 2022 • Legislators from New Jersey are trying to restore sound money in the Garden State. Originally introduced in 2021 but carrying over to 2022, these house and senate bills would end the practice of taxing the purchase of the monetary metals

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West Virginia Seeks to Eliminate ANOTHER Tax on Gold and Silver

January 14th, 2022 • After already having exempted gold and silver from sales taxes in West Virginia, a pro-sound money legislator aims to take it a step further, eliminating capital gains taxes from the sale of precious metals and declaring gold and silver legal tender in th

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Washington State Aims to Remove All Tax Liability from Sound Money Transactions

January 14th, 2022 • Washington State Rep. Chase has introduced a bill to eliminate ANY and ALL tax liabilities that may arise when transacting in precious metals

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Will Kentucky Become 42nd State to Eliminate Sales Taxes on Gold and Silver?

January 13th, 2022 • A representative in the Bluegrass State wants to make Kentucky the 42nd state in the union to restore sound money.

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Virginia Legislators Introduce Measure to Keep Gold and Silver Tax Free

January 10th, 2022 • Members from both chambers of the Virginia legislature have introduced measures to keep gold and silver tax free by extending the exemption that currently exists in the Commonwealth

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Mississippi Legislators Introduce Several Pro-Sound Money Measures

January 10th, 2022 • Several members of the Mississippi House of Representatives have introduced measures to eliminate the sales tax on the sale of precious metals in the state

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Alabama to Consider Extending Sales Tax Exemption on Sound Money

January 10th, 2022 • The Alabama House of Representatives expects to hear a measure to extend the sales tax exemption on gold and silver that currently exists

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