Taxing & Spending

Re: 2011 Senate Bill 583 (Exempt bullion sale profits from capital gains tax )

gypsy — Sat, 18 Feb 2012 15:29:19 GMT

This is an attempt to avoid State income tax on profits made from selling gold, and should be defeated. If pensions must be taxed by the state, why shouldn't profits from selling gold be. It's income.

Re: 2011 Senate Bill 583 (Exempt bullion sale profits from capital gains tax )

Mike Hignite — Fri, 17 Feb 2012 20:56:43 GMT

This makes a great deal of sense. Gold is money and there should not be capital gains on money. This would go a long way to help curb inflation and overspending if it were also adopted by the federal government.

Re: 2011 Senate Bill 583 (Exempt bullion sale profits from capital gains tax )

Paul — Thu, 01 Sep 2011 18:51:47 GMT

So, what happened to "Shared Sacrefice". If you make $$$ one way, you get your taxes raised, if you make it another way, you get an exemption. WTF !!!

2011 Senate Bill 583 (Exempt bullion sale profits from capital gains tax )

Votes Admin — Mon, 01 Jan 2001 05:00:00 GMT

Introduced in the Senate on August 24, 2011

Click here to view bill details.