We Ought Not Tax Money

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You know what’s dumb? Levying taxes on the exchange on money.

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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.”

For Further Reading

Status Report: Sound Money in the States

How the Fed Wrecks the Economy

With “Heroes” Like This, Who Needs Villains?

Status Report: End the Fed from the Bottom Up


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