Sound Money Movement Scores 2022 Wins

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Sound Money Movement Scores 2022 Wins

The New American
June 14, 2022

As state legislatures clear out and head home for the summer, one reality has emerged: Sound money is a winning issue in the states.

At a time of record-high inflation and geopolitical uncertainty across the globe, states are wisely taking steps to better enable citizens to acquire, sell, and/or use gold and silver.

Last year, Arkansas and Ohio repealed sales taxes on gold and silver coins, bars, and rounds. And Ohio invested almost $1 billion worth of physical gold in its Ohio Police and Fire Pension fund.

This year brought three new legislative victories in Tennessee, Virginia, and Alabama, thanks largely to efforts by Money Metals Exchange, its customers, and its Sound Money Defense League project.

All told, sound money allies introduced bills in 11 states to remove sales and income taxation on the monetary metals, create state depositories, and/or protect state pensions and reserves with an allocation to physical gold.

Here’s a full rundown…
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Full Article:
https://thenewamerican.com/sound-money-movement-scores-2022-wins/
 
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