Revolutionary Tax Reforms: Oklahoma and Missouri to Redefine Gold and Silver? In a groundbreaking move, lawmakers in Oklahoma and Missouri are pushing for legislation that could redefine gold and silver, not as commodities but as money. The proposed bills for the 2024 legislative session aim to abolish state capital gains taxes on the sale of gold and silver bullion. In Missouri, Representatives Doug Richey and Bill Hardwick, along with Senator William Eigel, have introduced bills HB1867, HB1955, and SB735, respectively. Similarly, in Oklahoma, Senators Shane Jett and Nathan Dahm have filed SB1507 and SB1508. The successful passage of these bills would not only eliminate capital gains taxes on gold and silver but also significantly reduce the investment cost of these precious metals. « Previous Article Next Article » Share This Article Choose Your Platform: Facebook Twitter Google Plus Linkedin Related Posts Fed's Anticipated Rate Cuts Stir Major Buzz at Davos 2024 READ MORE Insider Alert: Mike’s Made a Change to His Portfolio READ MORE Election Jitters Keep Metals Market in Check, Says Citigroup READ MORE HSBC: Why Gold Prices Continue to Break Records READ MORE Dollar Climbs Higher as Global Interest Rate Policies Diverge READ MORE Add a Comment Cancel replyYour email address will not be published. Required fields are marked *Name * Email * Save my name, email, and website in this browser for the next time I comment. Comment