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Sound Money Score (x/7)
How the TX Score is Derived :
NOT IN PLACE - Exempt Sales Tax on PMs
NOT IN PLACE - Exempt Capital Gains
NOT IN PLACE - Legal Tender Recognition
NOT IN PLACE - State PM Depository/Holdings
NOT IN PLACE - Accept Tax Payment in PMs
NOT IN PLACE - Anti Confiscation Legislation
NOT IN PLACE - Protection of PM Contracts
Current Status in TX :
Texas has introduced multiple bold sound money bills aimed at establishing gold- and silver-backed currency, expanding state bullion reserves, and enhancing financial sovereignty.
Texas remains at the forefront of the sound money movement, taking a bold and proactive stance to protect financial sovereignty. If passed, these bills would set a precedent for states looking to bypass federal monetary policy and embrace a more stable, asset-backed financial system.