Vast Majority of States are Ending Sales Tax on Gold and Silver

Ending Sales Tax on Gold and Silver Is a Winning Issue The vast majority of U.S. states have now eliminated taxes on the purchase of precious metals. JP Cortez, December 21st, 2023 Twenty-five states considered 50 pieces of legislation this year aimed at ending taxes on the monetary metals, strengthening state finances by investing reserve funds in physical gold, establishing in-state depositories, and more. With five bills signed into law in 2023, sound money reforms are gaining momentum across the United States. In 2023, Mississippi became the 43rd state to do so, following the recent examples set by Ohio and Arkansas in 2021 and Tennessee in 2022. That leaves…