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Arkansas ends sales tax on precious metals

derrybderryb Posts: 38,619 ✭✭✭✭✭
in Precious Metals

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"Money does not care about speeches on morality. Capital asks whether the rules will remain the same tomorrow. With inflation, people assume price is the problem, and propose regulation—but price is simply the message." - Martin Armstrong

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    johnny9434johnny9434 Posts: 34,204 ✭✭✭✭✭

    i wish many more would do that

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    rickoricko Posts: 98,724 ✭✭✭✭✭

    I am sure they found another income stream, then cancelled this to make themselves look good. >:) Cheers, RickO

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    RobMRobM Posts: 609 ✭✭✭

    I wonder if private bullion investment measurably increases in a state where the sales and use tax is discontinued? I live in a state where you do pay sales tax for bullion purchases under $1000. For that reason I never buy less than $1000 at a time. IMO, bullion is a terrible investment if you have to pay sales tax, especially when it's in 5-8% range.

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    ashelandasheland Posts: 24,548 ✭✭✭✭✭

    NC eliminated the sales tax on coins, currency and bullion a few years ago. A nice move... B)

    My YouTube Channel

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    skier07skier07 Posts: 4,837 ✭✭✭✭✭

    Surprisingly California has no sales tax on $1500+ for coins and bullion.

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    NewbiedoobiedooNewbiedoobiedoo Posts: 78 ✭✭✭

    None in Washington state either. 👍

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    MsMorrisineMsMorrisine Posts: 40,124 ✭✭✭✭✭

    CT tax law wording sucks.

    I was charged by an online seller. i called to disputed, but they didn't even hear my argument. my order met the minimum!

    Current maintainer of Stone's Master List of Favorite Websites // My BST transactions
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    ctf_error_coinsctf_error_coins Posts: 15,433 ✭✭✭✭✭

    @skier07 said:
    Surprisingly California has no sales tax on $1500+ for coins and bullion.

    Which is a regressive tax in a progressive state :o I find it odd.

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