Sunday , July 25 2021
Home / Tag Archives: Tennessee

Tag Archives: Tennessee

Tennessee Will Explore the Possibility of a State Gold Depository

Last month, Tennessee Gov. Bill Lee signed a bill into law that creates a commission to study the feasibility of creating a gold bullion depository in the Volunteer State.A state bullion depository would not only create a safe place to store precious metals; it would increase the state’s financial independence. It could also facilitate the everyday use of gold and silver in financial transactions in Tennessee and set the stage to undermine the Federal Reserve’s monopoly on money.Sen. Paul...

Read More »

Bills Introduced in Mississippi and Tennessee Would Repeal Sales Tax on Gold and Silver

Bills introduced in the Mississippi House and the Tennessee Senate would repeal state sales taxes on precious metals bullion. This would not only relieve some of the tax burdens on investors in those states; it would also take a small step toward treating gold and silver as money instead of commodities. In Mississippi, Rep. Henry Zuber (R-Ocean Springs) and Rep. Brady Williamson (R-Oxford) introduced House Bill 375 (HB375) on Jan. 18. The proposed law would exempt gold, silver, platinum...

Read More »

Several States Considering Bills to Repeal Taxes on Gold and Silver

Several state legislatures are considering bills that would repeal taxes on the sale of gold and silver.Fundamentally,  gold and silver are money. But most governments treat precious metals as a commodity. They don’t accept it as payment. Worse than that, they tax it. Think about the absurdity of this policy.Imagine if you asked a grocery clerk to break a $5 bill and he charged you a 35 cent tax. Silly, right? After all, you were only exchanging one form of money for another. But that’s...

Read More »

State Efforts to Facilitate Ownership of Gold and Silver Ramp Back Up in 2018

Many state legislatures kick off their 2018 sessions this month and that means continuing efforts to facilitate gold and silver ownership at the state level.Bills introduced in Tennessee and Alabama would repeal state sales taxes on the sale of gold and silver bullion, and an Arizona bill would build on a foundation set last year and take another step toward treating gold and silver as money. These efforts not only help expand the market for gold and silver in the US, they also have the...

Read More »

Wolf Blitzer And Sen. Corker Get Into Heated Argument Over Tax Bill Vote Switching

Senator Bob Corker (R-TN) got into a spat with CNN's Wolf Blitzer following Tuesday's vote on the Republican tax bill, after Corker switched his vote from "no" to "yes."  Corker appeared uncomfortable after Blitzer played a clip of him criticizing President Trump in October, after Corker said Trump had "proven himself unable to rise to the occasion" of being president.  When pressed by Blitzer over whether he still believed what he said less than eight weeks ago, Corker said "Look, I know...

Read More »

1 Dead, 7 Injured In Tennessee Church; “Clown Mask”-Wearing Shooter Identified As Sudanese Immigrant

Update (5:00 pm ET): Authorities have identified the shooter as Emanuel  Kidega Samson, 25, of Murfreesboro. Little is known about Samson or his motivation - other than that he is a black male, and that he wore a clown mask during the assault, before turning his gun on himself. According to the Washington Times, Samson has been discharged from the hospital and will soon be charged with murder and attempting murder for the attack, police said. Samson is reportedly a Sudanese immigrant....

Read More »

The High Cost Of “Free” College

Authored by Nathan Keeble via The Mises Institute, Tennessee Promise, and now Tennessee Reconnect, are the first programs of their kind in the United States. Through these programs designed by now gubernatorial candidate Randy Boyd, the state will pay tuition for all that seek an associates degree from a community college. They are everything that progressives like Bernie Sanders have wanted for decades. President Obama has said that they should serve as an example for the entire nation....

Read More »

Luxury Apartment Bust Spreads To Main Street

For months we've warned about the impending collapse of the luxury real estate markets in New York and San Francisco amid tepid demand and a supply glut that is getting ready to flood the market with new capacity (see here, here and here).  Of course, one of the first signs of excess capacity comes in the form of rent concessions, which as we pointed out over the summer, have been relatively easy to find in the large metro markets. “Listings that once rented in just two to three weeks...

Read More »