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Sound Money News

Multiple Sound Money Bills Introduced in Oklahoma

January 19th, 2024 • Lawmakers have introduced legislation in Oklahoma to exempt gold and silver from all tax liability, reaffirm the metals as legal tender, establish an in-state depository, and more.

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Nebraska Senator Introduces Measure to Eliminate Income Taxes on Gold and Silver

January 19th, 2024 • Senator Hansen from Nebraska has introduced Legislative Bill 1305, an anti-CBDC measure that also eliminates capital gains taxes from gold and silver

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Hawaii House to Reconsider Ending Sales Tax on Sound Money

January 19th, 2024 • A coalition of lawmakers in Honolulu have reintroduced legislation last considered in 2021 to end the sales tax on purchases of gold and silver coins, bars, and rounds.

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West Virginia House to Consider Two Pro-Sound Money Bills

January 19th, 2024 • This session, the West Virginia House of Delegates will consider measures to eliminate the income tax on gold and silver, as well as empowering the State Treasurer to invest state funds in physical gold and silver.

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Popular Alaska Sound Money Bill Reintroduced

January 19th, 2024 • A measure to exempt gold and silver purchases from local sales tax has been reintroduced in Alaska. The bill has 21 cosponsors and will be considered by the Senate after passing the State House in 2023.

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Vermont Representatives File Bill to End Sales Tax on Gold and Silver

January 19th, 2024 • Representatives in Vermont realize that their state has become a big outlier, and that it’s high time for the state to end their practice of taxing purchases of gold and silver.

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NJ Governor Vetoes Popular Gold and Silver Sales Tax Exemption Bill

January 18th, 2024 • New Jersey Governor Phil Murphy has unilaterally killed a bill that would have exempted the sales tax on purchases of gold and silver.

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Kansas to Consider Eliminating Income Taxes on Gold and Silver

January 16th, 2024 • Lawmakers in Kansas have reintroduced legislation to eliminate the next biggest impediment to using gold and silver as money: capital gains taxes

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Wisconsin Lawmakers Reintroduce Measure to End Sales Tax on Gold and Silver

January 15th, 2024 • A large bipartisan contingent of Wisconsin legislators have reintroduced legislation seeking to end Wisconsin’s outdated practice taxing purchases of gold and silver.

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Kentucky Lawmakers Introduce Two Bills to End Sales Tax on Sound Money

January 15th, 2024 • Lawmakers in the Kentucky State House and State Senate have introduced seeking to end the state’s controversial practice of imposing sales taxes on all purchases of precious metals.

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