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ESR | February 8, 2021 | State legislatures eye sound money reforms

home > archive > 2021 > this article Loading By Jp Cortez web posted February 8, 2021 More state lawmakers than ever are introducing sound money legislation in the opening days of the 2021 legislative session. Several states will consider measures to remove sales or general excise taxes from the purchases of gold, silver, and other precious metals. Many other states will weigh bills to eliminate income taxes on gold and silver. Still others will decide whether state funds can be held in physical gold and silver and may even consider establishing a state-chartered bullion depository. With debt-funded spending and money-printing in our nation’s capital at breakneck speed, will states see the wisdom of enacting measures to counteract these policies of currency debasement? 

State Legislators Are Considering a Host of New Sound-Money Reforms

Listen to the Audio Mises Wire version of this article. More state lawmakers than ever are introducing sound money legislation in the opening days of the 2021 legislative session. Several states will consider measures to remove sales or general excise taxes on the purchase of gold, silver, and other precious metals. Many other states will weigh bills to eliminate income taxes

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