
News Link • Gold and Silver
Sound Money Leader Speaks to SilverWars on Removing Taxation from Gold and Silver
• By Sound Money Defense LeagueI. Introduction
The discussion opens with a strong emphasis on the critical role of grassroots advocacy in promoting sound money legislation. Cortez underscores the need for local involvement and activism to foster change at the state level. He explains how the Sound Money Defense League benefits immensely from the grassroots support of Money Metals Exchange customers who are advocating for these issues on the ground in any given state.
II. Recent Successes of Money Metals' Public Policy Efforts
Strategic Focus: Money Metals and the Sound Money Defense League have been prioritizing state-level initiatives aimed at eliminating sales taxes on precious metals, among other projects. This focus has resulted in significant legislative wins, showcasing the effectiveness of targeted advocacy.
Examples of Successes: Several states are highlighted where sound money legislation has been enacted, reinforcing the idea that local efforts can yield tangible results. Specific victories in states like Louisiana, Alabama, and New Jersey are mentioned, illustrating the momentum behind these initiatives. In the Sound Money Defense League's 10th year of advocacy, 7 states passed pro- sound money legislation.
III. Public Opinion on Local Governance
Paradox in Public Engagement: Cortez notes a contradiction in public sentiment—while people are often most impacted by local governance, they often neglect to engage in local elections, focusing instead on national politics. This disconnection can hinder progress on sound money policies that require local support and advocacy.