Massachusetts Supreme Judicial Court December 10, 1987 (Howe v. Commissioner of Revenue)

The two issues presented in this appeal are: (1) whether Congress has preempted the power to issue and coin money, and (2) whether, under art. 44 of the Amendments to the Massachusetts Constitution, the Commonwealth may tax a capital gain attributable to the purchase and sale of gold bars and coins. We affirm the judgment.

1. Congressional preemption.