Virginia House Passes Bill that Would Take Another Step Toward Treating Gold and Silver as Money
He Virginia House overwhelmingly passed a bill that would extend and expand a sales tax exemption on the sale of gold and silver bullion and coins. The exemption relieves some of the tax burdens on investors, and it also eliminates one barrier to using gold and silver in everyday transactions, a foundational step for people to undermine the Federal Reserve’s monopoly on money.