Small Victories for Sound Money: More States Repealing Sales Tax on Gold and Silver
Assessing a state sales tax on the purchase of gold and silver is becoming an outmoded, indeed outrageous, practice – but a small number of U.S. states still engage in it. That number is shrinking as more states repeal those onerous taxes. Several of the remaining...
Taxing the Exchange of Dollars for Monetary Metals Is an Atrocious Policy
Last year was a good year for state-level sound money legislation across the United States. 2022 could be even better. Building on the success enjoyed by sound money advocates in Arkansas and Ohio last year, more than a half dozen states are now considering...
Why Is Paper Money Constitutional?
The official money of the United States today is paper currency. But that’s clearly not what the Constitution says. It says that gold and silver coins shall be the nation’s currency. How is that possible? I thought the Constitution was supposed to be the highest law...