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 Economists Put Recession Odds at 40% READ MORE China's Iron Ore Imports Defy Steel Industry Slowdown READ MORE Powell Hints at September Rate Reduction if Inflation Eases READ MORE Truist Shares Why Gold Still Has More Upside READ MORE Treasury Traders Bet on 2024 Fed Rate Cuts READ MORE Add a Comment Cancel replyYour email address will not be published.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