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Sound Money News

SMDL Policy Director Joins Tom Woods Show to Discuss Sound Money

January 28th, 2022 • It may be true that our money is screwed up at the federal level, but there are actions we can take at the state level to counteract the lunacy. Jp Cortez of the Sound Money Defense League joins us to discuss what can be done more locally to protect ourse

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Should Investors Fear Fed Rate Hikes?

January 27th, 2022 • The prospect of Federal Reserve rate hikes continues to rattle Wall Street and cloud the outlook for precious metals. On Wednesday, the central bank strongly signaled it will raise its benchmark Fed funds rate for the first time in three years – likely

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Virginia House of Delegates Votes Overwhelmingly to Keep Gold and Silver Tax Free

January 25th, 2022 • Members of the Virginia House of Delegates have voted overwhelmingly to keep gold and silver purchases tax free in the Commonwealth

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Pro-Sound Money Lawmaker Wants To End Income Taxes on Gold and Silver in Oklahoma

January 20th, 2022 • Oklahoma ended sales taxes on purchases of precious metals long ago, but now a state senator from Broken Arrow wants to end capital gains taxes on gold and silver transactions

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Oklahoma to Consider Holding Gold and Silver, Removing Income Taxes

January 20th, 2022 • Legislators in Oklahoma aim to protect state funds with physical gold and silver and remove capital gains taxes from gold and silver transactions

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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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