If enacted, SB 33 and AB 29 would create a sales and use tax exemption for gold, silver, and other precious metals. This is an important step toward treating gold and silver as money — as the U.S. Constitution requires.
Article I, Section 10, of the U.S. Constitution plainly states that “No State shall…make any Thing but gold and silver Coin a Tender in Payment of Debts.” It’s long overdue that states begin to enforce this provision once again. According to the Sound Money Index, Wisconsin has one of the least constitutionally compliant monetary policies. Enacting SB 33 and AB 29 would be a good first step toward adhering to the U.S. Constitution.
Article VI of the U.S. Constitution obligates state officials to uphold the Constitution and nullify all laws not “made in Pursuance” of it. Officials at all levels of government must push back against the federal government’s many unconstitutional laws and agencies, and robustly enforce the Constitution and only those laws “made in Pursuance thereof.” SB 33 and AB 29 are a good step toward doing this on the topic of monetary policy.
Senate Bill 33 (SB 33) was introduced by Senator Duey Stroebel (R-Saukville) along with Senators Rachael Cabral-Guevara (R-Appleton), Mary Felzkowski (R-Irma), Dan Feyen (R-Fond du Lac), Stephen L. Nass (R-Whitewater), Romaine Robert Quinn (R-Cameron), and Mark Spreitzer (R-Beloit), on February 3, 2023.
Assembly Bill 29 (AB 29) was introduced by Representatives Shae A. Sortwell (R-Two Rivers), Michael Schraa (R-Oshkosh), Scott Allen (R-Waukesha), David Armstrong (R-Rice Lake), Elijah R. Behnke (R-Oconto), Ty Bodden (R-Hilbert), Robert Brooks (R-Saukville), Nate L. Gustafson (R-Neenah), Clint P. Moses (R-Menomonie), David Murphy (R-Greenville), Jeffrey Mursau (R-Crivitz), William Penterman (R-Columbus), Kevin Petersen (R-Waupaca), Nik P. Rettinger (R-Mukwonago), Paul Tittl (R-Manitowoc), and Ron Tusler (R-Harrison).
If your senator and representative is listed above contact them to thank them for supporting this bill. However, if your they are not listed above urge them to support SB 33 and AB 29, and to fully restore sound money in Wisconsin.
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