Mississippi has joined the ranks of states exempting gold and silver from state sales taxes.
This is something that New Mexico should be doing, but partisanship by the Democrat majorities in the legislature are more fixated on abortion and other phony issues rather than doing something to benefit citizens.
From WTOK-TV:
MERIDIAN, Miss. (WTOK) - Governor Tate Reeves signed SB2862 into place last week.
This law will make gold and silver coins and bullion tax-free. Mississippi is the 43rd state to intact a law of this nature. News 11 spoke with one local business owner who says our area has several gold and silver coin collectors, as well as bullion buyers, that will benefit from this law. He also states buying gold or silver can help keep a hedge against inflation. Where the dollar may decrease in value, gold and silver can go up.
To read more, go here.
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