We Ought Not Tax Money
You know what’s dumb? Levying taxes on the exchange on money.
— TenthAmendmentCenter (@TenthAmendment) August 16, 2020
States can encourage currency competition and take a step toward undermining the Federal Reserve’s monopoly on money by repealing taxes on gold and silver. Buying gold and silver is simply the exchange of fiat money for real money. As Ron Paul once said, “We ought not tax money.”
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