The Israel Deception

Is the return of Israel in the 20th century truly a work of God, or is it a result of a cosmic chess move to deceive the elect by the adversary?

Showing posts with label sales tax. Show all posts
Showing posts with label sales tax. Show all posts

Wednesday, April 12, 2017

Maine legislator wants state to join AZ, TX, UT, and ID by removing sales tax from purchase of gold and silver

On April 11 a state Senator from Maine is seeking to follow the growing trend of other states in recognizing gold and silver as money once again by calling for the removal of state sales tax from the purchase of precious metals.

Speaking this week with the state's Committee on Taxation, Senator Eric Brakey is pushing a measure to have state taxes removed from the buying and selling of gold and silver bullion since many dealers and buyers are simply going across the border to states which currently do not have tax impositions on precious metal transactions.

If Sen. Eric Brakey gets his way, buying silver and gold may get cheaper for Mainers.
State Sen. Eric Brakey, R-Auburn, is pushing a measure to exempt gold and silver coins and bullion from the state sales tax. 
Brakey, an Auburn Republican, is pushing a measure to exempt gold and silver coins and bullion from the state sales tax. 
Douglas Carnrick of Winslow told lawmakers that many coin collectors and investors simply buy their gold and silver out of state — and then forget that they’re still required to pay the sales tax on their own later. 
Since about half of the states don’t impose sales tax on gold and silver purchases, it’s not hard for buyers to avoid shelling out for sales tax online or by traveling to nearby states that exempt precious metals sales. 
“The reason for this is, gold and silver coinage and bullion are not normal goods like everything else we charge a sales tax on,” Brakey told the Committee on Taxation this week. He said they are a form of currency for many. - Sun Journal

Sunday, October 23, 2016

Kentucky Senator proposes bill for early 2017 which would remove sales tax from purchase of gold and silver

A state Senator from Kentucky has filed a new bill that would seek to remove sales tax on the purchase of gold and silver within the state.

Scheduled for early 2017, bill BR156 is being used as an initial stage for gold and silver to become currency again within the state of Kentucky, and to promote its purchase and use by its citizens.

A Kentucky bill prefiled for the 2017 session would remove sales taxes from the purchase of gold and silver, encouraging its use and taking the first step toward breaking the Federal Reserve’s monopoly on money. 
Sen. John Schickel (R-Union) prefiled BR156 on Oct. 11. The legislation would exempt bullion or currency purchases from state sales tax. This would include gold, silver, platinum, or palladium bars, ingots or commemorative medallions for which the value depends on its metal content, not its form. It would also exempt coins or currency made of gold silver or other metals paper currency used as legal tender. 
Under the proposed legislation, the exemption would remain in place for five years. 
Imagine if you asked a grocery clerk to break a $5 bill and he charged you a 35 cent tax. Silly, right? After all, you were only exchanging one form of money for another. But that’s essentially what Kentucky’s sales tax on gold and silver does. By removing the sales tax on the exchange of gold and silver, Kentucky would treat specie as money instead of a commodity. This represents a small step toward reestablishing gold and silver as legal tender and breaking down the Fed’s monopoly on money. - Activist Post

Tuesday, April 22, 2014

Where does your state rank in highest or lowest income taxes

Now that the dreaded April 15 IRS filing date has come and gone, it is time to look at how each state fares in relation to each other in imposing income taxes upon the citizens of their dominions.  Taxes across the board have become a staple of government policy, with sales, property, excise, and other fees taking a large piece of American’s dwindling paychecks.
Here are the highest “taxing” states in the US:
  1. California 13.3%
  2. Hawaii 11%
  3. Oregon 9.9% (a, b)
  4. Minnesota 9.85%
  5. Iowa 8.98% (b)
  6. New Jersey 8.97% (a)
  7. Vermont 8.95% (tie)
  8. Washington, D.C. 8.95% (tie)
  9. New York 8.82% (a, c)
  10. Maine 7.95%
 
 
Read more on this article here...