Stefan Gleason Blog | BOOM: Wyoming Ends ALL TAXATION Of Gold & Silver | Talkmarkets - Page 2
President at Money Metals Exchange
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Gleason is president of Money Metals Exchange, a national precious metals investment company and news service with over 450,000 readers, 35,000 paid customers, and $120 million in annual sales. He launched the company while president of a national newsletter publishing ... more

BOOM: Wyoming Ends ALL TAXATION Of Gold & Silver

Date: Wednesday, March 14, 2018 3:08 PM EDT

Sound Money Defense League’s Jp Cortez testified during both the Wyoming House and Senate hearings, noting “taxation on precious metal ownership harms those most negatively impacted by currency debasement – wage earners, savers, and those on a fixed income. But it also punishes local business owners who lose business to out-of-state precious metals dealers.”

“With the abuses of the Federal Reserve’s paper money system becoming increasingly obvious, we’re seeing more legislators across America advance sound money legislation. We believe the Wyoming victory will encourage states like Kansas, Idaho, Tennessee, and Minnesota act on proposals to reduce or eliminate the taxes levied on money in their own states,” said Stefan Gleason, president of Money Metals Exchange, a national precious metals dealer with more than 100,000 customers.

“In reality, Federal Reserve Notes are ‘fake money’ because they have counterparty risk. Restoring gold and silver as money will solve many of the problems we are seeing with inflation and runaway debt,” continued Gleason.

Rep. Roy Edwards concluded, “If it hadn’t been for all the calls and emails to legislators and our governor from so many friends and allies, this victory would not have been possible. I also want to thank Sen. Larry Hicks for his invaluable help in the Senate.”

For more information on state laws dealing with gold and silver, click here.


The Sound Money Defense League is an Idaho-based public policy group working nationally to bring back gold and silver as America’s constitutional money.

 

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