237 SIGNED INTO LAW: Alabama Abolishes Income Taxes on Gold and Silver (www.moneymetals.com) posted 124 days ago by seernewday 124 days ago by seernewday +237 / -0 SIGNED INTO LAW: Alabama Abolishes Income Taxes on Gold and Silver Alabama Governor Key Ivey today signed a bill that removes all income taxes on capital gains from the sale of gold and silver, enabling the state to take an important step forward in reinforcing sound money principles. 14 comments share 14 comments share save hide report block hide replies
It seems like that would be a state income tax on Capital Gains that they wouldn't have to pay. Still have to pay the feds though I would imagine.