The New York Sun has endorsed the newly introduced sound money legislation from Senators DeMint, Paul, and Lee.
"So, do you think you should have to pay taxes on the increase in the value of your money?
If the idea strikes you as crazy, let us refer you to the legislation introduced today at the Senate by James DeMint, Rand Paul, and Michael Lee. It’s called the Sound Money Promotion Act, and The New York Sun is happy to lay claim to being the first newspaper to endorse it. The measure, as it is characterized in a press release posted by Senator DeMint, would remove the tax burden on gold and silver coins that have been declared legal tender by either the federal government or state governments."
Please contact your senators today and urge them to cosponsor the Sound Money Promotion Act! Like the Sun writes, this legislation would be a great first step on the road back to money that's actually worth something.