Wyoming About to Pass Bill to End ALL TAXES on Purchases of Gold and Silver
One by one, individual states (mostly the "red" ones) that tax Gold and Silver Sales are starting to wake up and do the right thing.
As noted on ENPresswire
Governor Mead should sign the Wyoming Legal Tender Act into law without delay and help Wyoming businesses as well as all citizens harmed by inflation”— Jp Cortez
Following a 44-14 vote in the Wyoming House last week, the Wyoming State Senate today overwhelmingly approved a bill which helps restore constitutional, sound money in Wyoming.
Wyoming Senators voted 25-5 to pass the Wyoming Legal Tender Act (House Bill 103), sending the measure introduced by Representative Roy Edwards (R-Gillette) to Governor Matt Mead’s desk. Sound money activists are already contacting Gov. Mead urging that he sign the bill.
Backed by the Sound Money Defense League, Campaign for Liberty, and Money Metals Exchange, HB 103 is a bill that removes all state taxation from gold and silver bullion and reaffirms their legal tender status in Wyoming, in keeping with Article 1, Section 10 of the U.S. Constitution.
Wyoming does not have an income tax. However, it does have a sales tax and it assesses this tax against precious metals bullion. If Gov. Mead signs HB 103, Wyoming would join all its neighboring states (South Dakota, Idaho, Utah, Colorado, Nebraska) and more than 30 other states that do not assess a sales tax against precious metals.
Other states have eliminated income taxation on gold and silver (Arizona and Utah) or have established precious metals depositories to help citizens save and transact in gold and silver bullion (Texas).
“Governor Mead should sign the Wyoming Legal Tender Act into law without delay and help Wyoming businesses as well as all citizens harmed by inflation,” said Cortez.
I am Lord @matthewwarn and I have Stackitis...but there are worse problems to have in life (like getting taxed by a government already debasing your wealth)
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I think Wyoming might be the place to live. If only it wasn't winter 8 months out of the year.
Yeah...a few years ago I was in Alaska in August...I was like this is beautiful, I could live here...and then I saw snow and ice that never goes away and I was like ok maybe not.
Lord @matthewwarn rocks hahaha
WOW. @matthewwarn my Heart goes out to you over six hours have gone by and I am only the second comment..........
lol...they can't all be "winners"
OK, I will be the third to comment...It happens with some of my articles. One or two comments. You try to do your best, about 20 persons read it, about 5 upvote and 1 or 2 comments. Changing the subject, could you please see my today's article and advise me ? https://steemit.com/steemsilvergold/@ronaldoavelino/13-what-did-i-do-wrong
Say whaaaaat
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You got a 38.28% upvote from @redlambo courtesy of @matthewwarn! Make sure to use tag #redlambo to be considered for the curation post!