U.S. Representative Introduces Bill to End Federal Taxation on Gold and Silver
May 8th, 2024 • The Monetary Metals Tax Neutrality Act (H.R. 8279) would clarify that the sale or exchange of precious metals bullion and coins are not to be included in capital gains, losses, or any other type of federal income calculation.
Nebraska Ends Income Taxes on Gold and Silver, Declares CBDC’s Are Not Lawful Money
April 25th, 2024 • With Gov. Jim Pillen’s signature last night, Nebraska has become the 12th state to end capital gains taxes on sales of gold and silver.
Sound Money Talks: A Conversation with Jeff Deist and Jp Cortez
April 22nd, 2024 • Executive Director of the Sound Money Defense League, Jp Cortez, sat down with Monetary Metals GC, Jeff Deist, to discuss sound money, CBDCs, inflation, and more
After Illegal Veto, Kentucky Becomes 45th State to End Sales Taxes on Gold and Silver
April 12th, 2024 • In a high-stakes showdown with Gov. Andy Beshear over a gold and silver sales tax exemption, the Kentucky legislature today deemed his attempted line-item veto as an illegal act -- and directed the Secretary of State to enroll the exemption into law.
Idaho Governor Opposes Gold & Silver, Vetoes Bill
April 8th, 2024 • Idaho Gov. Brad Little today vetoed legislation that would have enabled the Idaho State Treasurer to protect state reserve funds with an allocation to physical gold and silver.
SMDL Featured in Bloomberg Tax Report on Gold/Silver Sales Tax Laws
April 5th, 2024 • Bloomberg Tax released a newsletter highlighting the many states that have ended the sales tax on gold and silver coins and bullion, and the Sound Money Defense League's work in these efforts
Fixing FDR’s Biggest Blunder: From Gold Standard to Fiat Folly and Back
March 26th, 2024 • Today, states across the country are beginning to actively embrace pro-sound money legislation, inviting a critical examination of how America abandoned the gold standard of money and racked up $34.5 trillion in debt
Utah Greenlights Gold and Silver Holdings to Protect State Reserve Funds
March 22nd, 2024 • (Salt Lake City, Utah) – Utah Governor Spencer Cox signed legislation on Thursday empowering the state Treasurer to secure state funds with a significant allocation to physical gold and silver.
SIGNED INTO LAW: Wisconsin Formally Ends Sales Taxes on Gold and Silver
March 21st, 2024 • (Madison, Wisconsin) – Responding to an overwhelming groundswell of grassroots pressure, Gov. Tony Evers today signed a bill into law that secures Wisconsin’s place as the 44th state in America to end sales taxes on the purchase of precious metals.
New Jersey Senate Unanimously Votes to End Sales Tax on Sound Money
March 18th, 2024 • Today, the New Jersey Senate voted unanimously, 38-0, to end the sales tax on purchases of gold and silver coins, bars, and rounds
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