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 Consumer Sentiment Dips to 8-Month Low Despite Easing Inflation Expectations READ MORE China's Commodity Hoarding: Implications for Global Markets and Security READ MORE Emergency Efforts Underway to Rescue 13 Miners in Russian Gold Mine READ MORE Inflation Has Shifted How Everyday Americans View the Economy READ MORE Fed Officials Suggest Interest Rates May Stay High to Combat Persistent Inflation READ MORE Add a Comment Cancel replyYour email address will not be published.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