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After illegal veto, Kentucky becomes 45th state to end sales taxes on gold and silver

Section: Daily Dispatches

From Money Metals News Service, Eagle, Idaho
Friday, April 12, 2024

In a high-stakes showdown with Gov. Andy Beshear over a gold and silver sales tax exemption, the Kentucky legislature today deemed his attempted line-item veto as an illegal act -- and directed the Secretary of State to enroll the exemption into law.

This action makes the Bluegrass State the 45th state in the nation to enact this sound money policy -- and the second this year.

... Dispatch continues below ...


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Originally introduced by Rep. Steven Doan as a standalone bill, the sales tax exemption on purchases of gold, silver, platinum, and palladium coins, bars, and rounds enjoyed strong grassroots support -- thanks, in large part, to the hard work of the Sound Money Defense League, Money Metals Exchange, and in-state activists. ...

... For the remainder of the report:

https://www.moneymetals.com/news/2024/04/12/kentucky-becomes-45th-state-to-end-sales-taxes-on-gold-and-silver-003120

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