Idaho House Votes to Authorize State Gold & Silver Holdings
March 2nd, 2023 • The Idaho State House today approved a bill to enable the State Treasurer to protect state funds from inflation and other financial risks by holding some physical gold and and silver.
34 Wyoming House Members Thumb Their Noses at Sound Money
March 1st, 2023 • This afternoon, the Wyoming House of Representatives voted to kill SF 101 - the Wyoming Legal Tender Amendment. Below is a statement from Money Metals and Sound Money Defense League president Stefan Gleason on the defeat of Sound Money legislation
Catch-22: Rate Hikes May Fuel Even MORE Inflationary Deficit Spending
March 1st, 2023 • Federal Reserve rate hikes meant to quell inflation may ultimately have the opposite effect. Of course, higher borrowing costs will force consumers to scale back and businesses to trim payrolls. A contraction in debt-financed economic activity will in th
Vermont Seeks to Become 44th State to Roll Back Sales Tax on Sound Money
February 22nd, 2023 • On the heels of overwhelming votes to remove all taxes from purchases of precious metals in Mississippi, legislators in Vermont have introduced a measure to curtail the controversial tax in their own state.
Mississippi Legislature Votes Overwhelmingly to End Sales Taxes on Gold and Silver
February 21st, 2023 • State lawmakers of both houses have just voted overwhelmingly to exempt physical gold, silver, platinum, and palladium coins and bullion from the Mississippi state sales tax, sending the bill to Governor Tate Reeves (R) for his signature.
VIDEO: President of Money Metals Exchange Joins Gold Standard Podcast to Discuss Sound Money Legislation
February 17th, 2023 • Stefan Gleason, President of Money Metals Exchange and the Sound Money Defense League, joins Keith Weiner on the Gold Exchange Podcast to discuss the success of sound money initiatives at the state level, a critical bill in consideration in Wyoming, and h
Iowa Seeks to End Capital Gains Taxes on Gold and Silver
February 15th, 2023 • With inflation raging across America, an Iowa lawmaker seeks to end one of the strongest disincentives to owning and using gold and silver: capital gains taxes.
Mississippi Bill Would End All Taxes on, Invest State Funds in, Gold & Silver
February 14th, 2023 • A lawmaker in Mississippi introduced legislation yesterday that would prompt the state to invest a small portion of state funds in gold and silver, as well as eliminate sales and income tax liabilities on the monetary metals.
Kentucky Lawmakers Aim to End Sales Taxes on Sound Money
February 9th, 2023 • With new legislation introduced today, lawmakers in Kentucky are seeking to end the state’s controversial practice of imposing sales taxes on all purchases of precious metals.
Missouri Senate Votes to End Income Taxes on Gold and Silver, Hold Monetary Metals in Reserve
February 9th, 2023 • The Missouri Senate today passed legislation that would prompt the state treasurer to hold at least 1% of state funds in gold and silver while eliminating all state income taxes on monetary metals.
Breaking News Headlines
- After Illegal Veto, Kentucky Becomes 45th State to End Sales Taxes on Gold and Silver
- Idaho Governor Opposes Gold & Silver, Vetoes Bill
- SMDL Featured in Bloomberg Tax Report on Gold/Silver Sales Tax Laws
- Fixing FDR’s Biggest Blunder: From Gold Standard to Fiat Folly and Back
- Utah Greenlights Gold and Silver Holdings to Protect State Reserve Funds
- SIGNED INTO LAW: Wisconsin Formally Ends Sales Taxes on Gold and Silver
- New Jersey Senate Unanimously Votes to End Sales Tax on Sound Money
- Kentucky House Votes To End Sales Tax on Constitutional Sound Money
- Idaho Senate Votes to Protect State Funds with Gold and Silver
- Oklahoma House Votes to End All Taxes on Gold and Silver
- Kentucky Committee Votes to End Sales Tax on Sound Money Read All
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