06 July 2011

Rand Paul Works to Protect State Goid Money from Taxation

Constitutionally minded members of Congress, Senator Jim DeMint of South Carolina Senator Rand Paul of Kentucky and Representative Mike Lee of Utah, have introduced federal legislation that would exempt gold and silver coins issued by state governments as legal tender from federal taxation. This bill, called the Sound Money Protection Act, is intended to protect efforts by states to create a stable, inflation-free
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