The sale of precious metals is excluded from AL taxpayers' adjusted gross income (AGI). This shields individuals from tax on constitutional forms of currency.
Rep. Thomas Massie’s bill, the Federal Reserve Board Abolition Act (HR 8421), directs the Fed to transfer its assets to the U.S. Treasury Department and thereafter cease operations.
While Powell has been hoping the past year of rising inflation would turn out to be a blip, the only “blip” was the slight return to falling inflation in April.
Governments sell the idea of CBDC by promising a safe, convenient, and more secure option to physical cash, and eliminating it gives them the potential to track consumer spending.
Alexandria Ocasio-Cortez and Marjorie Taylor Greene got into a catfight over nothing having anything to do with the subject of the meeting (House Oversight Committee hearing).
