Sen. Crapo proposes equal tax treatment for precious metals

Section:

10:40a ET Wednesday, July 1, 2009

Dear Friend of GATA and Gold (and Silver):

Mike Zielinski, proprietor of the Mint News Blog, reports that U.S. Sen. Mike Crapo, R-Idaho, has introduced legislation to provide to precious metal investors the same favorable capital gains tax treatment afforded to stock and mutual fund investors. Zielinski has written about it here:

http://coinlegislation.com/fair-treatment-for-precious-metals-investors-...

CHRIS POWELL, Secretary/Treasurer
Gold Anti-Trust Action Committee Inc.

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