The legislation would take steps to treat gold and silver as money in Missouri and encourage its use as such, including making it legal tender and eliminating the state capital gains tax on the sale gold and silver.
US: Missouri and Oklahoma might end capital gains tax on Gold and Silver financefeeds.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from financefeeds.com Daily Mail and Mail on Sunday newspapers.
Bills introduced in the Oklahoma and Missouri legislatures aim to eliminate state capital gains taxes on gold and silver, treating them as money rather than commodities.
The legislation would take steps to treat gold and silver as money in Missouri and encourage its use as such, including making it legal tender and eliminating the state capital gains tax on the sale gold and silver.