Monday, Arkansas Gov.
The legislation saw broad-based support, passing the Senate by a vote of 30-1 and then being passed in the state House unanimously by 93-0.
That leaves ten states and the District of Columbia as the primary jurisdictions that still harshly penalize citizens seeking to protect their savings against the serial devaluation of the Federal Reserve Note,” said Cortez.
“Gold and silver are held as forms of savings and investment.
Precious metals investors are purchasing precious metals as a way to preserve their wealth against the damages of inflation.
According to the bill, the proposed legislation would remove capital gains, losses, or any other type of federal income calculation on gold and silver bars and coins.