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re: California Democrat proposes tax on gold, cotton, tobacco, and other 'slave' goods

Posted on 3/29/24 at 2:37 pm to
Posted by cadillacattack
the ATL
Member since May 2020
4464 posts
Posted on 3/29/24 at 2:37 pm to
They already tax the hell out of these products. For example, precious metals :

quote:

The state tax (California) is 7.5% (which can be altered by local authorities) on bullion coins and bullion bars, and also on rare coins. Basically anything that falls under the umbrella of a precious metal is subject to this altered regional tax.


This explains why Kalifornians travel out of state to acquire their gold bullion in 28 other states ……as they have done for for many years


This post was edited on 3/29/24 at 2:40 pm
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