Alabama Senate Committee Passes Bill to Extend Sales Tax Exemption on Gold and Silver and Encourage Sound Money
MONTGOMERY, Ala. (Feb. 18, 2022) – On Wednesday, an Alabama Senate committee passed a bill that would extend the sales and use tax exemption on the sale of gold and silver bullion. A sales tax exemption relieves some of the tax burdens on investors, and it also...
Washington Bill Would Eliminate all State Taxes on Gold and Silver Bullion
OLYMPIA, Wash. (Feb. 8, 2022) – A bill introduced in the Washington state House would eliminate all state taxes on gold and silver bullion. Passage into law would relieve another tax burden on investors, and would also eliminate a barrier to using gold and...
Oklahoma Bill Would Treat Gold and Silver More Like Money
OKLAHOMA CITY, Okla. (Feb. 7, 2022) – A bill filed in the Oklahoma Senate would eliminate state capital gains taxes on gold and silver specie, encouraging its use as currency. Passage into law would relieve another tax burden on investors, and would also eliminate a...