Actually in CA, there is no sales tax on Gold/Silver but the transaction has to be over a certain dollar amount (I think it’s $1000 or $1500). They consider a purchase over that amount is considered an “investment”. Hell, I say a $25 purchase is considered an excellent investment in your future.
Thanks fren! I’ve been buying gold and silver proofs from the US Mint since 1986 but I’ve been buying silver eagles from dealers like mad since 2012. And guns ;-)
Correct this if I am incorrect but I believe TX to be the same in that $1500 is the limit (it may be $1000 but double check) for bullion purchases to be taxed. Sales tax can be avoided - know your local values.
-As an edit: avoid local sales tax whenever you can, but don't attempt to mislead Federal collectors when tax comes due. If you want to skip the IRS step, then, either purchase in cash in person or trade some good (a barter of goods) for whatever you seek to purchase in such there is no other record except the spoken word.
The last leader to end his (and Austria's) Jewish controlled central bank was named Adolf and the House of Rothschild were so outraged about having their usury debt slaves freed that they started another world war.
If this is part of The Plan then I hope everyone knows what they are doing!
Wow, talk about clueless. We're literally in this mess BECAUSE we print money! All the power, all the wealth extraction, money laundering... it's all because of the private banking system married to politics. Sigh
They gonna raise how much ? A quarter point maybe... Savings of the ppl will still not be keeping up with inflation ! It’s just jaw flapping me thinks ....
Serious question - where do people keep their gold/silver, if you have a decent amount? It's a given that safety deposit boxes are out of the question.
Local pawn shops used to charge sales tax but quickly changed because of potential liabilities of refunds.. I was happy to see no tax on American silver coinage and bullion. Now in the middle of not enough money to enhance my holdings.. ?
Always bought from apmex and never remember paying any sales tax I always cuck the pawnshop guys when I am ready to sell they probably hate me SRS sold some gold at like 1,900 an oz and silver at like 28 an oz and the market fell immediately following LOL.
Actually in CA, there is no sales tax on Gold/Silver but the transaction has to be over a certain dollar amount (I think it’s $1000 or $1500). They consider a purchase over that amount is considered an “investment”. Hell, I say a $25 purchase is considered an excellent investment in your future.
It's anything over $1500.
Thanks fren! I’ve been buying gold and silver proofs from the US Mint since 1986 but I’ve been buying silver eagles from dealers like mad since 2012. And guns ;-)
Correct this if I am incorrect but I believe TX to be the same in that $1500 is the limit (it may be $1000 but double check) for bullion purchases to be taxed. Sales tax can be avoided - know your local values.
-As an edit: avoid local sales tax whenever you can, but don't attempt to mislead Federal collectors when tax comes due. If you want to skip the IRS step, then, either purchase in cash in person or trade some good (a barter of goods) for whatever you seek to purchase in such there is no other record except the spoken word.
Might be good time for Silver
It’s always a good time for silver ?
God bless fellow silverback! r/wallstreetsilver
We need a .win for WallstreetsSilver
This is dangerous ground.
The last leader to end his (and Austria's) Jewish controlled central bank was named Adolf and the House of Rothschild were so outraged about having their usury debt slaves freed that they started another world war.
If this is part of The Plan then I hope everyone knows what they are doing!
Wow, talk about clueless. We're literally in this mess BECAUSE we print money! All the power, all the wealth extraction, money laundering... it's all because of the private banking system married to politics. Sigh
He's still right. If this isn't done correctly, millions will die.
I'll probably be one of them, but I'd rather die in battle than die from starvation
In fact read the next post "A Q post even normies can understand", you dumbass.
I was so surprised that of all things precious metals is NOT taxed in Hellinois.
my percentage went down, taxes went up $50 total, thankfully.
We apes put up a bunch of #silversqueeze billboards this week! Silver and gold were breaking out until Yellen hinted at raising interest rates today!
https://www.Reddit.com/r/wallstreetsilver
They gonna raise how much ? A quarter point maybe... Savings of the ppl will still not be keeping up with inflation ! It’s just jaw flapping me thinks ....
Yup jaw flapping to tank gold and silver, albeit temporarily.
"Jew" flapping...fixed that for you.
And guerilla marketing xD
Booms abound and it's only Tuesday (:
How can a tax on money ever be allowed in the first place.
Outstanding to see Ohio fixing it too. Am considering converting some of my IRA into gold.
There’s no time like the present! Don’t buy paper silver tho.
Use Trump money to build a bunker under your back yard and store gold and silver in it with guns and ammo!
Serious question - where do people keep their gold/silver, if you have a decent amount? It's a given that safety deposit boxes are out of the question.
Depends on your living arrangement. Apartments are harder tp stash in than if you own a plot of land.
You can always build decoy locations.
Floorboards or ceiling.
Now this is something I can get behind.
Keep an eye on SILVER
Vampires fear silver.
Did you know China has secretly hoarded twice the amount of gold the US has?
If gold rises they will make a killing.
Double edge sword.
They removed it in Ohio, but about two years ago put it back in place...
Interesting, I don't remember paying sales tax on my bouillon.
24k flavor and .999purity flavor.
Local pawn shops used to charge sales tax but quickly changed because of potential liabilities of refunds.. I was happy to see no tax on American silver coinage and bullion. Now in the middle of not enough money to enhance my holdings.. ?
Always bought from apmex and never remember paying any sales tax I always cuck the pawnshop guys when I am ready to sell they probably hate me SRS sold some gold at like 1,900 an oz and silver at like 28 an oz and the market fell immediately following LOL.
I am at the point where I will NOT sell any of my holdings for fiat $$$, including collectibles. I await the gold and silver bux to get REAL value..
Lol, good luck. I’m waiting for it to go lower.
I didn't realize sales tax, I know they have a spot price for handling
Who in USA pays taxes on gold/silver?
I'm sure illinois is a close #2... Sigh
Illinois doesn't have a sales tax on precious metals.
Anyone have a reputable place to purchase gold/silver, either by transferring from IRA or even a bank account?
JM Bullion is good.