Vote Recommendation | Economic Freedom | Property Rights | Personal Responsibility | Limited Government | Individual Liberty |
---|---|---|---|---|---|
Yes | Neutral | Positive | Neutral | Positive | Neutral |
Summary: HB 78 would exempt the sale of gold, silver, or numismatic coins, or of platinum, gold, or silver bullion from taxes levied by Chapter 151, Tax Code, dealing with limited sales, excise, and use tax.
Analysis: HB 78 would limit government by restricting the amount of revenue Texas can take by taxing coins. This promotes the property rights of coin collectors by not taxing them for coin purchases.