Representatives in Vermont realize that their state has become a big outlier, and that it’s high time for the state to end their practice of taxing purchases of gold and silver.
House Bill 295 , a measure that removes this taxation from gold and silver coins and bullion and thereby allows Vermont to align with the balance of U.S. states, including all of Vermont’s neighbors who currently enjoy a competitive advantage, was carried over from the 2023 session. Reps. Peterson, Clifford, Demar, Higley, and Smith carry this bill on the heels of the New Jersey legislature voting to end the sales tax on precious metals in their state without a single “no” vote.
Due to dramatically rising federal debt along with the excessive issuance of Federal Reserve note dollars (or their electronic equivalent), Vermont savers have been losing significant purchasing power as inflation rages […]
Read the Whole Article From the Source: headlineusa.com
- Gold SKYROCKETED during Trump’s first term and is poised to do it again. Find out how Genesis Precious Metals can help you secure your retirement with a proper self-directed IRA backed by physical precious metals.