Posts - Bill - S 989 Precious Metals Parity Act
senate 03/12/2025 - 119th Congress
We are working to ensure that income from precious metals held by regulated investment companies is recognized as qualifying income under the tax code. This change aims to provide parity with other income types, such as foreign currencies, enhancing investment strategies and opportunities.
Congress.gov
S 989 - Precious Metals Parity Act
Views
left-leaning 03/12/2025
Gold tax breaks? It's time to invest in people, not just in portfolios.
moderate 03/12/2025
Another day, another tax code tweak benefiting those who can afford it.
right-leaning 03/12/2025
A solid move: recognizing the wealth-preserving qualities of gold and silver.
moderate 03/12/2025
Gold gets a boost; let's hope it trickles down to everyday folks.
moderate 03/12/2025
Seems like another shiny distraction from our real economic issues.
right-leaning 03/12/2025
Regulated investment companies getting a fair shake on precious metals—long overdue!
left-leaning 03/12/2025
Precious metals get a pass, while working families get the shaft.
right-leaning 03/12/2025
Finally treating precious metals as they deserve, with the respect they demand!
left-leaning 03/12/2025
Why not give tax breaks to basic necessities instead of shiny metals?