Tag: inflation

US capital gains tax

The US Internal Revenue Service (IRS) levies up to 28% tax on capital gains from precious metal investments. State and local taxes can increase this further to almost 40%. Physical gold and silver in any form is considered the same

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Inflation – the biggest tax of all

It’s pretty obvious that printing money destroys its purchasing power. If the currency you use as money is being debased, a unit of it buys less and less stuff over time. What previously cost 1,000 now costs 100,000 etc. So

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