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The battle to eliminate gold & silver sales taxes is on, which side is winning? Jp Cortez

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The Audio Cash Defense Organization is a public law task targeted at bringing understanding to silver and gold as "sound money" and also enacting legislative adjustment throughout the nation to lower sales taxes on the precious metals.

Jp Cortez, plan director of the League, informs David Lin, support for Kitco News, that there is a large disparity throughout the nation when it involves tax rates for silver and gold; some states, like Arkansas, have gotten rid of sales taxes altogether while others, like Tennessee have a sales tax obligation price of 10%, among the highest in the country.

0:00 – Getting rid of sales tax obligations on gold and silver
1:55 – Which states bill one of the most tax obligation?
7:06 – Sound Cash Index
10:18 – Gold gets
12:14 – Cash is moving to "sound money" states
13:05 – Sound Money Protection League
18:02 – Lawful tender
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The battle to eliminate gold & silver sales taxes is on, which side is winning? Jp Cortez

The Sound Money Defense League is a public policy project aimed at bringing awareness to gold and silver as "sound money" and enacting legislative change across the country to reduce sales taxes on the precious metals.

Jp Cortez, policy director of the League, tells David Lin, anchor for Kitco News, that there is a big discrepancy across the country when it comes to tax rates for gold and silver; some states, like Arkansas, have eliminated sales taxes altogether while others, like Tennessee have a sales tax rate of 10%, one of the highest in the country.

0:00 - Eliminating sales taxes on gold and silver
1:55 - Which states charge the most tax?
7:06 - Sound Money Index
10:18 - Gold reserves
12:14 - Money is flowing to "sound money" states
13:05 - Sound Money Defense League
18:02 - Legal tender
__________________________________________________________________
Kitco News is the world’s #1 source of metals market information. Our videos feature interviews with prominent industry figures to bring you market-affecting insights, with the goal of helping people make informed investment decisions.

Subscribe to our channel to stay up to date on the latest insights moving the metals markets.

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