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Louisiana Ends Sales Tax on Gold & Silver Bullion

Louisiana Ends Sales Tax on Gold & Silver Bullion
Louisiana Governor John Bel Edwards Signs House Bill 396 to Remove Sales Tax from Certain Precious Metals Baton Rouge, Louisiana — Sound money advocates rejoiced as Governor John Bel Edwards signed House Bill 396 into law in recent days. HB 396, which passed in the Louisiana state house and senate earlier this month by overwhelming majorities, removes state sales tax... Read More

Why Good Economics Matters Now More Than Ever

Why Good Economics Matters Now More Than Ever
In a newsletter published in 1970, economist Murray Rothbard wrote, “It is no crime to be ignorant of economics, which is, after all, a specialized discipline and one that most people consider to be a ‘dismal science.’ But it is totally irresponsible to have a loud and vociferous opinion on economic subjects while remaining in this state of ignorance.” This is an oft-quoted platitude... Read More

Time to Hedge State Reserve Funds with Gold

Time to Hedge State Reserve Funds with Gold
Financially prudent individuals set aside surplus funds to protect against unforeseen expenditures. This way, when faced with loss of income, house repairs, car trouble, or anything else, they will have a buffer against unanticipated downturns. In the same vein, almost every state in the United States has established a “savings account” for government operations. Primarily to mitigate a decline in... Read More

Idaho House of Representatives Votes to Remove Income Taxation from Metals

Idaho House of Representatives Votes to Remove Income Taxation from Metals
Idaho House of Representatives Votes Overwhelmingly to Remove Income Taxation from Precious Metals Boise, Idaho (March 14, 2017) – By an overwhelming 56-13 margin, the Idaho House of Representatives today voted to end all Idaho taxation on precious metals, e.g. gold and silver coins and bars. Bill sponsor Representative Mike Moyle (R) and the entire Republican caucus voted for the... Read More

Colon and Rectal Cancer Rising in Young People – Why?

Colon and Rectal Cancer Rising in Young People – Why?
The New York Times has reported a sharp rise in colorectal cancers in adults as young as their 20s and 30s. Citing a new study from the American Cancer Society that analyzed cancer incidence by birth year, they say that cancer rates have been increasing for every generation born since 1950. Oddly enough, they suggest that experts aren’t sure why.... Read More

Sound Money Is Rising at the State Level

Sound Money Is Rising at the State Level
Sound Money Is Rising at the State Level! Inflation is the most pernicious of taxes levied by our government. Officials systematically devalue the Federal Reserve Note “dollar,” then levy capital gains taxes on assets when their dollar price rises. The “gains” are largely illusory. Rising asset prices over time reflect the fact that the dollar buys less of everything. But... Read More

How to Avoid Overdraft Protection Fees at the Bank

How to Avoid Overdraft Protection Fees at the Bank
Something that has been in the news quite a bit lately, is the high dollar amount that banks are getting for overdraft fees that they charge their customers. People are evidently shocked about the amount they owe as a result of using these supposed services. So let’s cut through the nonsense and educate ourselves on what is really going on.... Read More

Idaho Bill Would End Taxation of Gold and Silver

Idaho Bill Would End Taxation of Gold and Silver
The Framers of our nation established that gold and silver are money, but federal taxing authorities in recent decades have required taxpayers to pay taxes on this form of money when its exchange for Federal Reserve Notes results in nominal capital “gains.” But that problem may soon be mitigated, at least in Idaho. A prominent Gem State state representative has... Read More

When Government Acts, Unintended Consequences Follow

When Government Acts, Unintended Consequences Follow
In 1850, French economist Frédéric Bastiat published an essay that is misunderstood, or more often, unread, titled, “That Which is Seen, and That Which is Not Seen.” Bastiat brilliantly introduced the idea of opportunity cost and, through the parable of the broken window, illustrated the destructive effects of unintended consequences. Unfortunately, because of misplaced belief in government benevolence, even the... Read More