Kitco NEWS has a diverse team of journalists reporting on the economy, stock markets, commodities, cryptocurrencies, mining and metals with accuracy and objectivity. Our goal is to help people make informed market decisions through in-depth reporting, daily market roundups, interviews with prominent industry figures, comprehensive coverage of important industry events and analyses of market-affecting developments.
“If they’re indeed U.S. money, it seems there should be no taxes on them at all. So, why are we taxing these coins as collectibles?” Mooney said. “It is often a nominal gain that simply results from the inflation created by the Federal Reserve and the attendant decline in the Federal Reserve Note dollar’s purchasing power,” the league said in a statement.
Last month, Nebraska became the 12th state to pass legislation to remove capital gains taxes on sales of gold and silver. Alabama approved a version of this policy earlier this year. Arizona, Arkansas, and Utah approved similar measures in recent years. - Financial markets are about to witness one of the most epic migrations of capital in history as investors rush into hard assets.'Dramatic' re-pricing across all financial assets coming as the Fed moves away from its 2% inflation target to this - Larry McDonald - Stubbornly high inflation has taken its toll on consumers’ purchasing power; however, there is a growing political push to give U.S. citizens new options to protect their wealth through gold and silver bullion.
Finance Finance Latest News, Finance Finance Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Source: KitcoNewsNOW - 🏆 13. / 78 Read more »
Source: KitcoNewsNOW - 🏆 13. / 78 Read more »
Source: KitcoNewsNOW - 🏆 13. / 78 Read more »
Source: KitcoNewsNOW - 🏆 13. / 78 Read more »
Source: KitcoNewsNOW - 🏆 13. / 78 Read more »