2012-05-22 — mineweb.com
As the Missouri General Assembly pushes toward adjournment, a bill that originally aimed at exempting gold investors from capital gains taxes has now transformed into the Missouri Sound Money Act of 2012, which would make gold and silver legal tender within the state.
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Meanwhile, Mike Lee, Republican U.S. Senator from Utah, and Rep. Kevin Brady, R-Texas, have recently introduced the Sound Dollar/Federal Reserve Modernization Act in the U.S. Congress, which directs the Federal Reserve to monitor the prices of major asset classes including gold and the value of the dollar relative to gold.
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