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The Daily Ardmoreite
  • State now recognizes gold and silver coins as hard money

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  • Last week Governor Mary Fallin signed a historic bill (SB862) that recognizes gold and silver coins as legal tender in the state. Oklahoma joins Utah, Texas, and Louisiana, as states that have removed taxes on gold and silver coins, and nearly a dozen other states are currently considering legislation to recognize gold and silver coins as hard money.
     
    The United States Constitution (Article I: Section 10) enables states to declare gold and silver coins as legal tender and gives them the impetus to remove all taxes on gold and silver. APIA is the leading organization promoting sound money and working to uphold this article of the Constitution.

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