The Wyoming State House today overwhelmingly approved a bill which helps restore constitutional, sound money in Wyoming.
State Representatives voted 44-14 to pass House Bill 103 sending the measure introduced by Representative Roy Edwards (R-Gillette) to the Senate for a hearing.
Backed by the Sound Money Defense League, Campaign for Liberty, and Money Metals Exchange, HB 103 is a bill that removes all state taxation from gold and silver bullion and coins and reaffirms their legal tender status in Wyoming, in keeping with Article 1, Section 10 of the U.S. Constitution.
Testifying before the House Minerals, Business, and Economic Development Committee last week, Sound Money Defense League Policy Director Jp Cortez made the case to Wyoming legislators that charging sales taxes on money itself is beyond the pale. In effect, states that collect taxes on purchases of precious metals are inherently saying gold and silver are not money at all.
Representative Edwards said in support of HB 103, “Imagine going to the grocery store and asking the clerk for change for a $20 bill and being charged 80-cents in tax. That’s what we’re doing in Wyoming by charging sales taxes on precious metals and we’re taking steps to change that.”…
It’s the least our overlords can do, given that they’ve quite literally stolen virtually all the gold formerly owned and used as money by americans before it was seized in order to bail out the den of vipers and thieves known as the “federal” reserve: http://www.moonlightmint.com/bailout.htm