SUBSIM Radio Room Forums

SUBSIM: The Web's #1 BBS for all submarine and naval simulations since 1997

Go Back   SUBSIM Radio Room Forums > General > General Topics
Forget password? Reset here

Thread Tools Display Modes
Old 10-11-2018, 09:15 AM   #1
Skybird's Avatar
Join Date: Sep 2001
Location: the mental asylum named Germany
Posts: 27,813
Downloads: 8
Uploads: 0

Default While markets get shaken, several US states made precious metals a legal tender...

.. or at least free it from tax duties (selling, capital gains).

Just until two years ago or so Washington was pressing Berlin to end the German habit to free gold from selling taxes and capital gain taxes. After 1 year of holding gold , you are free from such tax duties over here.

And now this!

Feel free to complement with a better English source.

(I do not promote gold and precious metals as an "investment". They are a security, no investement).
"While an equality of rights under a limited government is possible and an essential condition of individual freedom, a claim for equality of material position can be met only by a government with totalitarian powers." - A.F. Hayek
Skybird is offline   Reply With Quote
Old 10-12-2018, 11:46 AM   #2
Sea Lord
Join Date: Mar 2004
Posts: 1,741
Downloads: 0
Uploads: 0

Seems like a good way to encourage savings, increase real wealth, and lessen impact from market forces for the average Joe.
em2nought is offline   Reply With Quote
Old 10-12-2018, 12:19 PM   #3
Join Date: Aug 2016
Location: Netherlands
Posts: 429
Downloads: 21
Uploads: 0

Next thing you know the Gold Standard returns. ROFL
Ashikaga is online   Reply With Quote

Thread Tools
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off

Forum Jump

All times are GMT -5. The time now is 11:54 PM.

Powered by vBulletin® Version 3.8.4
Copyright ©2000 - 2019, Jelsoft Enterprises Ltd.
Copyright © 1995- 2019 Subsim