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Tennessee becomes 42nd state to end sales taxes on gold and silver
By Stefan Gleason
Money Metals Exchange, Eagle, Idaho
via Coin Week, Ormond Beach, Florida
Thursday, April 28, 2022
Both houses of the Tennessee legislature yesterday overwhelmingly passed bills that would make the Volunteer State the 42nd state in the U.S. to remove sales taxes from constitutional sound money -- gold and silver).
The Tennessee House's Bill 1874 and Senate Bill 1857, introduced by Rep. Bud Hulsey and Sen. Frank Niceley, now head to Governor Bill Lee for approval. The new precious metals sales tax exemption will take effect immediately upon the governor's signature.
... Dispatch continues below ...
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Overwhelming grassroots support appears to have tipped the balance in this long-running effort in Tennessee. During the Senate vote, Sen. Janice Bowling commented, "I'd like to thank the senator for carrying this bill and also half of the state of Tennessee that contacted us." ...
... For the remainder of the report:
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