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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?

To: TobagoJack who wrote (86884)2/4/2012 7:07:59 PM
From: Snowshoe  Read Replies (1) | Respond to of 219926
 
>>Utah became the first state to introduce its own alternative currency when Governor Gary Herbert signed a bill into law last March that recognized gold and silver coins issued by the U.S. Mint as an acceptable form of payment. Under the law, the coins -- which include American Gold and Silver Eagles -- are treated the same as U.S. dollars for tax purposes, eliminating capital gains taxes.<<

States can certainly scrap their own state capital gains tax on "valuables", but only the US government can eliminate federal capital gains tax.



To: TobagoJack who wrote (86884)2/4/2012 7:29:41 PM
From: Snowshoe  Read Replies (2) | Respond to of 219926
 
>>as to the canada cat plant closing, suspect the output of the plant was primarily for usa consumption, and so the plant's closing is not exactly good news<<

CAT just opened a new locomotive plant in Muncie, Indiana. Per Wiki this looks like intentional move from Canada to USA, so they can supply locomotives for publically-funded passenger rail systems that require US assembly.


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