Tag: CAPITAL GAINS TAX

Bill ending capital gains tax on gold, precious metals heads to Ivey's desk for signature

A bill to end the capital gains tax on gold, silver, and precious metals passed the Alabama House of Representatives on Tuesday and is now heading to Gov. Kay Ivey’s desk for her signature.

Alabama mid-pack among states' friendliness to sound money, precious metal defense, organization says

For thousands of years, money was based on precious metals like gold and silver, but in the 20th century, the United States moved away from metal-based currency and toward fiat currency backed only by full faith and trust in the federal government.