July 1 -- License required to sell bullion in Ohio

No, it just sounds like you don't want to pay sales tax on your purchases or sells.

"Even people with paranoia may have something to fear"

 

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1. Look at the big picture.
2. Talk to Ohio coin people.
3. Make a list of our personal freedoms that have been nibbled away since 9/11. Wait, here's another sheet of paper.
4. Volunteer to get plugged into the Ohio sales tax system. [Abandon hope, all ye who enter here...Dante]

 

just responding

1. This is a big picture thing for Ohio?
2. Why not talk to the Ohio people who voted for the lawmakers who passed it.
3. Not to get into any political argument, I can't think of any significant change, maybe it is different in Ohio. Oh wait, I have to pass a HS checkpoint in the desert now. 20 minutes out of my life 3 or 4 times a year.
4. You could always move or run for office to change it ( you would have to fill out a lot of personal info forms that would become public though.)

 

No one should have to pay sales tax on gold and silver, they are money. (says it right there in the constitution of the U S of A)

Some states are smart enough to realize this and don't charge sales tax on purchases of gold or silver bullion.

Coins that aren't bullion should also probably be exempt from sales tax because they can be purchased as an investment and taxing an investment upon the initial purchase is ridiculous.

 

In Maryland, if you purchase anything over $1000 when going to a coin shop, there is no sales tax. Anything below that it's 6% sales tax.

 

Sales tax (or no sales tax), in effect, creates a manipulated market. An additional 6% or 7% in the spread is generally a deal-killer. One aspect of the Ohio law, it gets rid of private sellers (who don't charge sales tax, of course) who "cost" the state money in the form of lower tax revenues. Follow the money.

While I have never run an ad offering to BUY silver, the law does not disturb buyers, just sellers. I am still adding 90% now and then, and in fact, that's where my IRS refund will go. I was offered some British gold sovereigns this morning, but prefer
silver. I know the seller of the sovereigns doesn't have a license, and doesn't plan to get one, so he will quietly disappear at the end of June.

 

Considering Ohio is in the process of eliminating the sales tax on coins and bullion that argument is a non-starter.

 

I would be very interested in where the Constitution says anything about state sales taxes let alone taxing gold or silver.

 

It says they are lawful money. Once you know they are money its common sense to not tax money.

 

Actually, it does not say that;

There is nothing even implied as to whether or not a sales tax can be levied on gold or silver. Nor does it say that all or only gold and silver are lawful money.

 

Since the Constitution is historical documentation, it is easy to find a copy and read it. But to begin arguing what it may/should mean today, is a political argument and not allowed. Stay on the thread subject.

 

Almost every post in this thread is political. You even have a post yourself that is EXTREMELY political. Then again its not my website, nor am I a moderator so I guess I don't get to pick and choose which political posts are allowed and not allowed.

 

As mentioned in the rules, there are factual subjects that are political that are allowed,

If you or anyone think any of mine or anyone else posts are against the rules, use the report button and let the bosses judge them. Your statement was based on your belief from your political point of view and is not a factual presentation and is thus not allowed.

It is not my website, and while a moderator, I am also a guest like you, and have to follow the rules also and answer to the owner. I have my own religious and political beliefs, but the forum is not the place for them. Thanks.

 

The United States Constitution is the supreme law of the United States of America, still in affect to this very day

This is just a fact, not politics! It seems many think of the constitution as some sort of barely relevant historical document.

 

That is a fact. But the discussion of what that supreme law means, is politics.

 

Um, a moment's research will reveal that the original bill passed in 2011 is worded that way, and the only sites claiming that this is "news" in April 2015 are... well, I'll keep my unkind generalizations to myself.

But thanks, I guess, for warning us all of the doom that's apparently been right around the corner for four years now.

Anybody down in that end of the world want to fill us in on how this has played out?

 

"LA House Bill 195 updates the original bill passed in 2011." Direct quote.

 

Well, this conversation just got a bit more confusing, since the post to which I originally responded disappeared. But I'll point out that the link above mentions only 2011; that's when the bill was passed, and that's when most of the discussion about it appeared, until it hit the End Of The World circuit today. I'm not sure what triggered today's feeding frenzy; I haven't been able to find any reference to actual legislative activity on it since 2011. If anyone else finds it, perhaps you can post it here.

 

It is getting close to the weekend

 

The post you responded to, was deleted by a Mod, so I dropped the whole thing.