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View Full Version : Arizona Legislature Ends Income Taxation On Gold And Silver



osoab
10th May 2017, 03:14 PM
A start?

Arizona Legislature Ends Income Taxation On Gold And Silver (http://www.activistpost.com/2017/05/arizona-legislature-ends-income-taxation-gold-silver.html)

Phoenix, Arizona (May 10th, 2017) – Sound money advocates scored a major victory today when the Arizona state senate voted 16-13 to remove all income taxation of precious metals at the state level. The measure heads to Governor Doug Ducey, who is expected to sign it into law.

Under House Bill 2014, introduced by Representative Mark Finchem (R-Tucson), Arizona taxpayers will simply back out all precious metals “gains” and “losses” reported on their federal tax returns from the calculation of their Arizona adjusted gross income (AGI).