For Immediate Release: March 14, 2018
Contact: Cathy Ide, [email protected]liberty.com
Wyoming Joins Neighboring States and Ends Taxation of Precious Metals
Cheyenne, Wyoming - Campaign for Liberty Chairman Ron Paul and Wyoming Campaign for Liberty State Coordinator Cathy Ide issued the following statements regarding the Wyoming Legislature’s passage of HB 103 -- the Wyoming Legal Tender Act.
The Wyoming Legislature, by overwhelming majorities, passed the Wyoming Legal Tender Act this year. The bill, which restores sound money in Wyoming, officially became law today without Governor Matt Mead’s signature.
This important effort, led by Campaign for Liberty grassroots activists in Wyoming and a coalition of supportive groups, reaffirms Article 1, Section 10 of the U.S. Constitution by recognizing gold and silver as legal tender and removing all forms of taxation on specie precious metals.
“Many thanks go to our bill sponsor, Representative Roy Edwards . His hard work on HB 103 and that of our dedicated grassroots supporters, led to an astounding 55-5 favorable House vote and 25-5 Senate vote,” said Cathy Ide. “As a result, Wyoming citizens will no longer be punished with any taxes simply for choosing to use gold as money, as laid out by the U.S. Constitution.”
“Passage of the Wyoming Legal Tender Act is the latest sign that dissatisfaction with the Federal Reserve’s money monopoly -- and the movement to change our fiat currency system led by my Campaign for Liberty -- is alive and growing,” said Campaign for Liberty Chairman Ron Paul.
“As the economy slides into another Fed-created downturn, I predict the movement to pass state legal tender laws will grow. My Campaign for Liberty group is ready to help pass these laws in as many states as possible.”